POKER POT ODDS
Poker pot odds is the a ratio between the size of the pot compared to how much it will cost you to call a bet from another player.
Lets say the pot has 50 bucks in it and it costs you $5 to remain in the game, than your pot odds will be 10 to 1. The higher the ratio between the size of the pot and the cost of calling a bet, the better your poker pot odds are.
So how often do you need to win a to make a profit in the long run?. If there is $50 in the pot and it costs you $5 to call, than your hand must win 1 out of 10 times in order for you to make a profit in the long run.
You can figure this out by multiplying the cost of calling with the number of times. $5 x 10 times = $50.
The cost of calling 10 times will be $50, but you will win $50 one time, and get your $5 call bet back, so your profit will be $5.
"To be successful at poker you should, at any time during the play of a hand, be able to compare the odds of catching your hand to the odds the pot is giving you".
Always know your poker pot odds, regardless if you think someone is bluffing or there is only 4 cards left in the deck for you to hit your hand. Sometimes it will actually be correct to call a bet on the turn in Texas Hold'em, even if you only have 4 outs.
If there are $100 in a multi-way pot after the turn and a player bets $10 and three other players calls his bet then you are getting 14 to 1 in pot odds. If you are chasing a nut inside straight, than you are getting 8.3% or 12 to 1(you will hit your hand 1 out of 12 times) ) in hand odds to catch your card, so calling this bet will be the correct decision to make.
You will make money with this hand in the long run.
Back to Poker Odds here.
Learn how to calculate hand odds
The best way to learn how to calculate
poker pot odds
correctly, is to read a few quality poker books and getting a Turbo software program to practice on.
PLAY WELL AND GOOD LUCK!