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What does Pot Odds mean?

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191 views asked Oct 6, 2015 in Definitions by kamraladympr ( 31,912 points)

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In pokerpot odds are the ratio of the current size of the pot to the cost of a contemplated call.[1] Pot odds are often compared to the probability of winning a hand with a future card in order to estimate the call's expected value.

When a player holds a drawing hand, or a hand that is behind now but is likely to win if a certain card is drawn, pot odds are used to determine the expected value of that hand when the player is faced with a bet.

The expected value of a call is determined by comparing the pot odds to the odds of drawing a card that wins the pot. When the odds of drawing a card that wins the pot are numerically higher than the pot odds, the call has a positive expectation; on average, you win a portion of the pot that is greater than the cost of the call. Conversely, if the odds of drawing a winning card are numerically lower than the pot odds, the call has a negative expectation, and you can expect to win less money on average than it costs to call the bet.

answered Oct 6, 2015 by Poqery ( 88,068 points)
selected Oct 7, 2015 by kamraladympr