[Mase31683]

Wow, okay, I have my Sklansky book right here, so I'll try to clarify this for everyone. BigMac was sort of correct.

Implied odds are of course the ability to win extra bets if you hit your hand, meaning you can for example call with a flush draw and 3:1 odds because you'll likely get that 4th bet from your opponent.

Just the opposite (of implied odds) occurs when you have a weak made hand; the future betting frequently costs you, and you must deal with "reverse implied odds." Sometimes reverse implied odds can turn a hand that looks profitable (according to pot odds) into a loser. This happens when
1.The pot is small
2.You're still on preflop or flop betting rounds, leaving several big bets to go before showdown.
3.You have a weak made hand that may be best now, but is easy to draw out on.