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  #1  
Old 10-08-2007, 04:25 AM
JustCuz JustCuz is offline
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Posts: 41
Default Re: Pot odds - right or wrong?

[ QUOTE ]
"164k/89k = 1,8~ getting ~ 2/1 = 50%"

It should be (164+89)/89 = 2.8~ = call

[/ QUOTE ]

Are you counting the 89 call he is contimplating, but has not yet committed, as part of the pot when calculating pot odds (164+89/89)???
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  #2  
Old 10-08-2007, 04:37 AM
DevinLake DevinLake is offline
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Location: Calgary, Alberta, Canada
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Default 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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  #3  
Old 10-08-2007, 05:48 PM
startrak startrak is offline
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Default Re: Pot odds - right or wrong?

where did you guys learn about poker math? I've been reading BLdSWtTRs' old posts and he seems to understand the math excepionally well, so I guess it's important. I just have no idea where to start.

The Bill Chen book seems to be too much about limit poker stuff and not EV +/- moves.
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  #4  
Old 10-08-2007, 09:22 PM
DevinLake DevinLake is offline
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Location: Calgary, Alberta, Canada
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Default Re: Pot odds - right or wrong?

[ QUOTE ]
where did you guys learn about poker math?

[/ QUOTE ]

Public school maybe? I dunno, maybe as late as high school? jk. Although I did learn that stuff in school, it is covered in a lot of books. Theory of Poker might be a good place to start.
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