[JABoyd]

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(3) Is this really an appropriate pot odds calculation in the first place, since you may have to bet/call/raise after the turn as well?

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In such a case you would calculate Implied Odds which can get complicated.

For example:

You have $750 and 7 [img]/images/graemlins/diamond.gif[/img]8 [img]/images/graemlins/diamond.gif[/img]
Villan has $750 and A [img]/images/graemlins/spade.gif[/img]A [img]/images/graemlins/heart.gif[/img]

Flop: 7 [img]/images/graemlins/club.gif[/img]3 [img]/images/graemlins/club.gif[/img]J [img]/images/graemlins/spade.gif[/img]
Pot = $300

Villan bets $200
Pot Odds = 2.5 to 1

You have 5 outs to make your hand (2 pair or trips) which is 4 to 1. So you are not getting correct pot odds to call. However, you must take implied odds into account.

Implied Odds = [($ in the pot + $ villian will put in if you hit you hand) / ($ you have to call now + $ you will have to call in the futre if you don't hit on the turn)]

2 situations to consider...

Implied Odds = [($500 + $550) / ($200 + $0*)] = 5.25 to 1

*Assumes if you don't hit on the turn AND villan bets you will fold OR you don't hit on the thrn AND villan checks so you can see the river for free. Also assumes villan will call your all in bet if you hit.

Implied Odds = [($500 + $550) / ($200 + $100*)] = 3.5 to 1

*Assumes if you don't hit on the turn AND villan bets $100 AND you call. Also assumes villan will call your all in bet if you hit.

SO........the 2 situations you consider average to 4.38 to 1. So you decide to make the marginal call...

Turn: 2 [img]/images/graemlins/heart.gif[/img]
Pot = $700

Villan bets $100 (like you assumed?)
Pot Odds = 7 to 1

You have still 5 outs to make your hand (2 pair or trips) which is now 9 to 1. So you are not getting correct pot odds to call. However, you must still take implied odds into account.

Implied Odds = [($700 + $450) / ($100 + $0*)] = 11.5 to 1

*Assumes if you don't hit on the river AND villan bets anything you will fold. Also assumes villan will call your all in bet if you hit.

Therefore, you are getting the right odds to call the bet on the turn.

NOTE: This is a very specific example used to prove a point. Please be aware that the ammount that villan bets will GREATLY affect your odds most likely in a bad way (i.e. he bets more than $100 on the turn, which would be more likely)


Hope this helps...