PL Strategy: Odds and Outs

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PL Strategy: Odds and Outs

PL.com's Dan Skolovy explains calculating outs, pot odds and implied odds for beginners in this installment of PokerListings Strategy.

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Comment(s) on this video

Steve (Nov 24, 2008) The first hand we have 10 outs after the flop. Commentator says that equates to odds of 4.7:1 against to making our hand. Shouldn't it be 3.7:1 (37 cards don't make our hand and 10 do)?

Sean Lind (Nov 25, 2008) Steve you're correct. It's a simple mistake to make, more of a mis-speak than anything else.

Although those odds are for making your hand specifically on the turn. If you're looking for odds of making the hand including the river :

10 outs = roughly 38% to win (with two cards left)

this means you're a 2.6:1 dog

Aces_Up88 (Nov 25, 2008) Great explanation of poker ods. Something I'd always wandered about but couldn't quite wrap my head a round.

Aces (Nov 25, 2008) Great analysis but the look & feel of the table is not optimal e.g. hard to read value of pot, stacks and also cards. I am sure you will optimize and keep improving as you go.

bill stevensen (Nov 26, 2008) yeah, but you can make it full screen then you can see it fine.

Kecinpulach (Mar 15, 2009) In the second example (Jh9h) we have proper odds to call turn even without implied odds, imo. 15 of 46 cards (32,6%) complete our draw (although two of them double the board) and we are given to call 15 to win 35,5 (42,2%). Roughly you lose 15 dolars twice and win 35,5 dolars once, which is profitable even if he doesnt call our river value bet.

kunit (Apr 18, 2009) which one do you use actually, the odds of making your hand or the odds against making you hand?.

Or both are the same?

Sean Lind (Apr 25, 2009) You can use either odds, but you just have to make sure you compair apples to apples.

to keep it simple, you want to always use the odds of making your hand. If you're 20% to make your hand 4-1 dog, you need to get better than 4-1 odds to make money.

Don (Jun 19, 2009) I understand the concept of the calculations however when counting your outs shouldn't you also subtract the cards in each person's hand prior to dividing? See, you're assumption lye's that all the cards you need are in the deck and not dealt to another player. I think by assuming that another player has your card then the intrinsic value of the outs becomes more accurate. Thereby giving you a greater informed chance of comparing it with the pot odds.

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