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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