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  #1  
Old 10-26-2007, 06:06 PM
babdroid babdroid is offline
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Join Date: Aug 2007
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Default simple ways of using implied and expressed odds

i was wondering what people thought of these formulas in figuring out odds quickly.

implied odds
$=expected win if draw hits
(amount in pot+$)/bet to call=odds against your hand
which reduces down to
$>=odds against hand*bet to call-amount in pot

this would give you a number at bare minimum that you would have to get paid off for it to be profitable. you compare this to what you expect to win from them if your draw hits and if its less than the calculated amount then you fold.

expressed odds
(amount in pot+future bet)/(bet to call+future bet)=odds against hand
reduces to
future bet<=(amount in pot-(odds against hand*bet to call))/(odds against hand -1)

this gives you an amount that you compare to what you think they will bet and if they bet less than this then you call.

these equations give you a nice number which is easy to compare to what you expect them to do.

do you find this system easy or is there a better way? do you use expressed odds ever?
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  #2  
Old 10-26-2007, 06:20 PM
berserk berserk is offline
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Default Re: simple ways of using implied and expressed odds

odds are for math, we are playing poker man
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  #3  
Old 10-26-2007, 07:18 PM
xorbie xorbie is offline
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Default Re: simple ways of using implied and expressed odds

Ground breaking stuff here.
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  #4  
Old 10-27-2007, 10:02 AM
eurythmech eurythmech is offline
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Default Re: simple ways of using implied and expressed odds

Keep on lurking
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  #5  
Old 10-27-2007, 10:53 AM
Daut44 Daut44 is offline
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Default Re: simple ways of using implied and expressed odds

lol high stakes nl look what you've become
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