A basic concept for a poker player is math. Only those who deal with topics such as probability and are familiar with terms such as outs, odds, pot odds, implied pot odds, reverse implied pot odds, equity and expected value have a long-term chance at the poker tables, especially in the No Limit Texas Hold ‘ em. In this variant, the stakes are not limited at the top and increase with each betting round. In later betting rounds you can draw more money into the pot than in previous ones. In this article, we’ll look at a central term, implied pot odds.
What Are Odds?
Before we deal with implied pot odds, we need to clarify basic terms such as outs, odds and pot odds. In most situations, the player at the poker table has an unfinished hand. With the right cards on the flop, turn and river, this can become a hand in the further course of the game. A hand made then has a good chance of winning the showdown at the end.
All cards that a player can still hit in the deck and that turn his unfinished hand into a made hand are called outs. The probability of hitting these outs is called odds. Only the player who knows his odds can estimate when it makes sense to continue playing a hand or not.
The pot odds represent the relationship between a possible win and the amount the player has to pay to stay in the hand. The ratio of the pot odds to the odds is important. If the pot odds are higher than the odds, you should call or raise. If they are lower than the odds, you should pass. If the pot odds are smaller, further investments in one hand are not worthwhile in the long term.
Example: In a game there are 10 dollars in the pot. Player A bets $ 5. So the potential profit is $ 15. To call, player B must also pay $ 5. His pot odds here are $ 15 by $ 5, i.e. 3: 1.
Implied Pot Odds
The term implied pot odds is used by poker players to describe implied, i.e. theoretical, pot odds that you get during a hand. You take into account not only the money that is already in the pot, but also the money that could still get into the pot. Implied pot odds are used when a player plays a draw, which means that he still has an unfinished hand that could become a made hand. The implied pot odds are calculated as follows: “Possible profit to be expected” through “Bet to be paid”.
But implied pot odds should be treated with caution. Of course, a player cannot simply assume that the opponent will always pay him in full if he still hits his draw.