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Old 10-08-2007, 04:37 AM
DevinLake DevinLake is offline
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Join Date: Jul 2005
Location: Calgary, Alberta, Canada
Posts: 6,022
Default Re: Pot odds - right or wrong?

sonofbeach has it right barring any small mistake with the blinds.

But, I just want to clear up the OP's confusion between odds and probability. Two different things.

In your calculation you came to the conclusion that 2-1 odds = 50%. This is not the case.

2-1 odds means that you need to win once for every two times you lose. In other words, you need to win 1 out of 3.

So, 2-1 odds is 1/3 in terms of probability. 1/3 = 33%.

A 40% hand means you will win 40 times out of a 100 and lose 60 times. So, in terms of odds, 60-40 or 1.5-1.
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