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-   -   simple ways of using implied and expressed odds (http://archives1.twoplustwo.com/showthread.php?t=532086)

babdroid 10-26-2007 06:06 PM

simple ways of using implied and expressed odds
 
i was wondering what people thought of these formulas in figuring out odds quickly.

implied odds
$=expected win if draw hits
(amount in pot+$)/bet to call=odds against your hand
which reduces down to
$>=odds against hand*bet to call-amount in pot

this would give you a number at bare minimum that you would have to get paid off for it to be profitable. you compare this to what you expect to win from them if your draw hits and if its less than the calculated amount then you fold.

expressed odds
(amount in pot+future bet)/(bet to call+future bet)=odds against hand
reduces to
future bet<=(amount in pot-(odds against hand*bet to call))/(odds against hand -1)

this gives you an amount that you compare to what you think they will bet and if they bet less than this then you call.

these equations give you a nice number which is easy to compare to what you expect them to do.

do you find this system easy or is there a better way? do you use expressed odds ever?

berserk 10-26-2007 06:20 PM

Re: simple ways of using implied and expressed odds
 
odds are for math, we are playing poker man

xorbie 10-26-2007 07:18 PM

Re: simple ways of using implied and expressed odds
 
Ground breaking stuff here.

eurythmech 10-27-2007 10:02 AM

Re: simple ways of using implied and expressed odds
 
Keep on lurking

Daut44 10-27-2007 10:53 AM

Re: simple ways of using implied and expressed odds
 
lol high stakes nl look what you've become


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