Hi triviums,
Welcome to PokerStrategy.com!
First read the article on odds and outs
Although you may already know all the material, it sometimes helps to read it again.
To make a long story short:
Odds = (Pot + Bet):Bet
So if the pot is $8, and the bet is 2, then pot odds are 10:2 or 5:1
If the bet is 4, then 12:4 or 3:1
Are there implied odd? They are less in FL games, but they still exist.
For example, in stud games it may be worth calling a bet with a four-flush even if the odds are against you, since there are several more cards to come, with the pot getting bigger each time.
While you're here, perhaps you could take a moment to Introduce yourself. Let us know what games you like, how long you've been playing, and a bit about yourself.
As you browse the site, don't overlook the free money offers
Best of luck,
VS