Pot odds - Do you guys calculate it exactly all the time?

    • CHARMANDER06
      CHARMANDER06
      Bronze
      Joined: 06.08.2010 Posts: 301
      Hey guys,

      Im more of an SNG player, but I have been slowly learning and practicing BSS. Im learning BSS because I plan on playing NL200 at the casino one time this summer. I strongly believe that BSS will own all of the noobs that buy in with min at the casino. Anyways, Ive always used some form of pot odds calculation. What I would do is calculate the % of chance for me to hit my outs by giving 2% pet out (its about right) and then check the % of the pot I need to call. Instead of using the X to Y form. However, I realize that most people use the X to Y ratio form and it is probably better but I find it very hard to calculate it fast in my head when I have situations like 5 outs and stuff like that (not the classic OESD and FD). Hence, I was wondering if I should be calculating the pot odds and chances to hit my outs all the time or if just having a general feel of it is good enough?

      The thing is that in SNGs I rarely find myself chasing draws and the chip ratio is non linear, hence I didnt have much of a need to calculate pot odds very precisely except maybe in the early stage.

      Also, is it really worth getting more familiar with the X to Y ratios (dont know how to call that form of ratios lol)
  • 3 replies
    • DrDunne
      DrDunne
      Bronze
      Joined: 29.12.2010 Posts: 3,338
      personally the only way i know how to calculate my percentage chance of hitting is by using the rule of 2 and 4 but i dont use that i just use the ratio of odds against. i think the best way to be able to calculate it is to just know it. that's the most practical way and least demanding which is a very good idea because at the table you don't want to sit there dividing awkward numbers in your head before you even get to make your decision. just get the odds chart in the strategy section and learn it its not too bad. at least once you know it you just say... 6 outs? you need to be getting more than 7:1 on your money cos you're 7:1 against hitting your hand.

      i think having a 'general feel' would not be a good idea because a general feel is not necessarily logical and in poker it def pays to be logical.

      don't calculate in your head, just learn the ratio of odds against for each number of outs. much easier that way :D
    • burak220
      burak220
      Bronze
      Joined: 12.08.2008 Posts: 106
      I'm sorry I might sound stupid but I don't understand what you mean here "you need to be getting more than 7:1 on your money cos you're 7:1 against hitting your hand." dr dunne would you care to explain please? :f_cry:
    • DrDunne
      DrDunne
      Bronze
      Joined: 29.12.2010 Posts: 3,338
      well... say you have 6 outs. in order to make a call profitable you need to be getting at least 7:1 on your money because your odds of hitting one of your outs is 7:1. on average, when you are in this situation 8 times, you will hit one of your desired cards once hence the 7 to 1(against hitting your outs) or 1 in 8 times you will make your hand. so e.g. if you call a bet offerring you 10:1 pot odds (say the pot is 1000 and it costs you 100 to call) then from calling 7 times you lose 700, but then when you hit on the 8th time you make 900 (the size of the pot minus your call) so your profit is 200 over the long term.....

      i THINK that is right but i'm terrible at maths and i've never had to explain that before so i think maybe read on this site somewhere more reliable than my explanation haha. and i'm sure someone who definitely knows and can explain it will be quick to correct me. also there is more to it than just getting the correct pot odds to call cos this rarely happens so you need to factor in implied odds which i haven't really read into enough to explain properly. but i hope the above is correct :D

      ps. http://www.pokerstrategy.com/strategy/bss/1563/1/