quickly calculating odds.

[jmitchell42]

I read this on another site as a way to quicky come up with the percentage that your hand will win. it seems pretty simple and therefore has me pretty sceptical. what does everyone here think?

"After the flop.
To find the odds of catching your card after the flop apply the following formula: (1) Determine the number of outs that you have (2) multiply that number by four (3) take the answer and put it in a percentage. Here's some examples:

Two over cards – 6 outs * 4 = 24%
Flush Draw – 9 outs * 4 = 36%
Straight draw with one over card – 11 outs * 4 = 44%

By using this formula for calculating your odds you will never be more than 3% off on any calculation. When you have 14 or more outs this formula is not as accurate, however, you will be the statistical favorite to win the hand.

After the turn
To find your outs after the turn, follow a similar formula with minor adjustments. (1) After counting the number of outs that you have (2) multiply that number by two (3) add two and (4) take that answer and put it into a percentage.

Straight draw – ( 8 outs * 2 )+ 2 = 18%
Straight flush draw – (15 outs * 2) + 2 = 32%

Calculating your odds by using this formula yields more accurate results, as you will never be off by more than 1% than the real calculation. "