What are Pot Odds and How to Calculate the Odds of Hitting your Outs?

Congratulations! You have just finished the seventh lesson.

Good job!

Now lets recap:

      • if there is a 100 in the pot and your opponent bets 50
      • you have to call 50 to win the pot of 150
      • so your pot odds are 150-50 or 3-1
      • this tells you that as long as you win more than 25% of the time(1 out of 4 times), you will make money on this call
      • you know that you should always calculate the pot odds, because they allow you to make better decisions
      • you know that outs are the cards that will improve your hand so that it’s likely to be the best
      • you’ve learned how to calculate the odds of hitting your outs
      • you use the rule of 4 and 2
      • on the flop you multiply the number of outs by 4
      • and on the turn you multiply it by 2
      • it’s a simple rule to understand and memorise, but you should be aware of the real probabilities:
drawing to Outs Make on turn Make on river Make on turn or river
Prob. Odds Prob. Odds Prob. Odds
Inside straight flush; Four of a kind 1 0.0213 46.0 : 1 0.0217 45.0 : 1 0.0426 22.5 : 1
Open-ended straight flush; Three of a kind 2 0.0426 22.5 : 1 0.0435 22.0 : 1 0.0842 10.9 : 1
High pair 3 0.0638 14.7 : 1 0.0652 14.3 : 1 0.1249 7.01 : 1
Inside straight; Full house 4 0.0851 10.8 : 1 0.0870 10.5 : 1 0.1647 5.07 : 1
Three of a kind or two pair 5 0.1064 8.40 : 1 0.1087 8.20 : 1 0.2035 3.91 : 1
Either pair 6 0.1277 6.83 : 1 0.1304 6.67 : 1 0.2414 3.14 : 1
Full house or four of a kind;
Inside straight or high pair
7 0.1489 5.71 : 1 0.1522 5.57 : 1 0.2784 2.59 : 1
Open-ended straight 8 0.1702 4.88 : 1 0.1739 4.75 : 1 0.3145 2.18 : 1
Flush 9 0.1915 4.22 : 1 0.1957 4.11 : 1 0.3497 1.86 : 1
Inside straight or pair 10 0.2128 3.70 : 1 0.2174 3.60 : 1 0.3839 1.60 : 1
Open-ended straight or high pair 11 0.2340 3.27 : 1 0.2391 3.18 : 1 0.4172 1.40 : 1
Inside straight or flush; Flush or high pair 12 0.2553 2.92 : 1 0.2609 2.83 : 1 0.4496 1.22 : 1
13 0.2766 2.62 : 1 0.2826 2.54 : 1 0.4810 1.08 : 1
Open-ended straight or pair 14 0.2979 2.36 : 1 0.3043 2.29 : 1 0.5116 0.955 : 1
Open-ended straight or flush; Flush or pair;
Inside straight, flush or high pair
15 0.3191 2.13 : 1 0.3261 2.07 : 1 0.5412 0.848 : 1
16 0.3404 1.94 : 1 0.3478 1.88 : 1 0.5698 0.755 : 1
17 0.3617 1.76 : 1 0.3696 1.71 : 1 0.5976 0.673 : 1
Inside straight or flush or pair;
Open-ended straight, flush or high pair
18 0.3830 1.61 : 1 0.3913 1.56 : 1 0.6244 0.601 : 1
19 0.4043 1.47 : 1 0.4130 1.42 : 1 0.6503 0.538 : 1
20 0.4255 1.35 : 1 0.4348 1.30 : 1 0.6753 0.481 : 1
Open-ended straight, flush or pair 21 0.4468 1.24 : 1 0.4565 1.19 : 1 0.6994 0.430 : 1

Mission #7

Play at least 500 hands of real money cash games at full ring tables of the lowest possible stakes($0.01/$0.02) and continue on playing the base hands.Practice calculating the pot odds and making your decisions based on them.
Experiment with playing draws aggressively from time to time.

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