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#1
09-23-2007, 01:45 PM
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Odds made easy
Someone bust out the easy formulas for us new donkeys, pot odds, implied odds and EV formulas made simple.
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#2
09-23-2007, 02:27 PM
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Re: Odds made easy
Phil Gordon has a formula in his book for determining % of making hands on turn and river that I like. It is 4 times the outs on turn and 2 times the outs on river. If the pot odds are less then these % then it would be a good call. I'm new to game and I like this because it can be done quick and I think it is close enough to accrate.
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#3
09-23-2007, 02:37 PM
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Re: Odds made easy
[ QUOTE ]
Phil Gordon has a formula in his book for determining % of making hands on turn and river that I like. It is 4 times the outs on turn and 2 times the outs on river. If the pot odds are less then these % then it would be a good call. I'm new to game and I like this because it can be done quick and I think it is close enough to accrate. [/ QUOTE ] The problem with that formula is the more outs you have the further away from being accurate your percentages are going to be.
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#4
09-23-2007, 02:45 PM
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Re: Odds made easy
True. That's why a simple modification to this is after doing the multiplication subtract from the product the number of outs over 8. Typical flush draw of 9 outs. 9 x 4 = 36. 9-8 = 1, so 36 - 1 = 35. A little closer to the correct answer.
But I don't understand why you asked for something simple, and then complain when you get a decent answer. Nothing overly simplified is going to be accurate, but it'll get you close. And if it's that close, then whatever decision you make is not going to be that great of an error either way.
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#5
09-23-2007, 02:52 PM
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Re: Odds made easy
[ QUOTE ]
True. That's why a simple modification to this is after doing the multiplication subtract from the product the number of outs over 8. Typical flush draw of 9 outs. 9 x 4 = 36. 9-8 = 1, so 36 - 1 = 35. A little closer to the correct answer. But I don't understand why you asked for something simple, and then complain when you get a decent answer. Nothing overly simplified is going to be accurate, but it'll get you close. And if it's that close, then whatever decision you make is not going to be that great of an error either way. [/ QUOTE ] 1) I wasn't complaining, I was stating a fact. 2) Didn't ask for my hand percentages. 3) [img]/images/graemlins/confused.gif[/img]
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#6
09-23-2007, 03:08 PM
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Re: Odds made easy
1. true enough. Based on the way I read your response, so was I... [img]/images/graemlins/wink.gif[/img]
2. Again this is true. But without knowing the odds of making your hand the rest doesn't matter. You need to apply the odds of making your hand to the size of the pot to the size of the bet to call to figure pot odds. There is no formula for implied odds as it depends on your opponent and your estimation of his hand and how much more he might contribute in future betting rounds should you make your hand. 3. my apologies as I thought the other guy had answered your question. Perhaps you can rephrase it?
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