The Importance Of Pot Odds In Low-Stakes Poker
Wednesday, December 10th, 2008Of all poker concepts, perhaps the most important in low-stakes games is pot odds. Quite simply, pot odds determine whether or not it makes sense to call to see the next car. If you are hoping to hit a flush or a straight, you use pot odds to determine whether or not it makes sense to call and see another card.
Pot odds are so important since many hands in low-stakes games see a showdown. Most often, hitting a high pair like kings isn’t enough to win; you need to have a very strong hand like a straight or a flush. By using pot odds, you can tell if it makes sense for you or your opponents to call and try to hit one of these hands.
To calculate pot odds, you divide the amount of the bet by the pot. So if the bet is 10 and hte pot is 40 (including your bets contribution to the pot), then the pot odds are 25%. In this case, you need a 25% chance of hitting your hand to call.
How do you know what percentage chance you have of improving your hand? First, you determine the number of cards that would help your hand (these are called ‘outs.’) You mulitply your number of outs by 2 and then add two. So if you have 7 outs, you do 7X2 then +2, so 16%.