#1
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Break even points
I was reading a chapter from a Hilger book. He mentions a case where there is $24.75 in the pot, and your opponent has 4-1 odds of drawing out on you. To calc the breakeven point for your bet he shows the following calc:
(24.75 + x) / x = 4.1 24.75 = 3.1x x = 8.98 I have tried to make sense of this, and while it sorta-kinda does at a quick glance, a calculation (at least when I do them) just doesn't add up accordingly. I am tired and maybe missing the obvious, but can someone verify what the hell I am missing here? BTW, this is from p. 145, Odds & Probabilities |
#2
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Re: Break even points
[ QUOTE ]
I was reading a chapter from a Hilger book. He mentions a case where there is $24.75 in the pot, and your opponent has 4-1 odds of drawing out on you. To calc the breakeven point for your bet he shows the following calc: (24.75 + x) / x = 4.1 24.75 = 3.1x x = 8.98 I have tried to make sense of this, and while it sorta-kinda does at a quick glance, a calculation (at least when I do them) just doesn't add up accordingly. I am tired and maybe missing the obvious, but can someone verify what the hell I am missing here? BTW, this is from p. 145, Odds & Probabilities [/ QUOTE ] The opponent must call a bet of size x in order to win a pot of size 24.75+x, so his pot odds are (24.75+x) to x or (24.75+x)/x to 1, so to break even, this must be equal to 4.1-to-1 if the odds against making his hand are 4.1-to-1. This arithmetic is wrong though since x = 7.98. |
#3
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Re: Break even points
Ok thanks for the clarification Bruce. Must have been a typo on his part.
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