Re: pot odds question
Nonsense, he wants to know what his implied odds are. Then you decide how many outs you have and whether it is enough. In practice you often measure reverse implied odds by discounting outs.
I think it is this. You either miss, or you hit. Then if you hit you have an expected return:
$100 * 0.8 - $20 * 0.2 = $76. you have to pay $20 now to win an expected $76, so your (reverse) implied odds are 1:3.8. I.e. if you hit 100 times on average you will win $76 every time you hit. So you total expected win given you hit is $76.
(oh I'm a little tipsy now but I think I'm right hehe. My stat is not at 100%...)
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