Re: PNL Study Group Day 6: Position/Hand Reading/FIP
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You say there are 10 outs, there are 47 cards left, our odds are 4,7-to-1, right?
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No. 37:10 so 3.7:1. Taking half of this because we have this chance twice with two streets to come gives about 1.8:1 or 36% equity as an estimation.
The rule of 2/4 was used in the example which gives 4 x number of outs = 40% again as an approximation.
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