Odds and Outs

YouTube - Final Table Poker with Phil Gordon on Calculating Odds

Found this, I think it will help me. If you are still working on calculating your odds and outs it might help you too.

Guess I will throw out some cards and work on counting my outs...
cheers

wowo that was definately all new to me, i have a lot to learn with poker haha, thanks for that great video

its fairly basic maths but it makes a difference when chasing draws. Making winning decisions, although might not always work in the short term, in the long run you will make money by making the correct play time after time.

once you have this down you need to look into implied odds - an rough example of which is:

Assume after the flop you have 4 cards to a nuts flush [you hold and the flop comes ] - you have 9 outs to make your flush. (which you assume will be good, you could also argue that your ace and king could count as outs but for the purpose of this argument that your opponent holds for a set of sixes.)

To make a correct call, you are looking for favourable odds. 4 to 1 pot odds would be ideal as you would only need 20% chance of making a flush and you have 36%. 3 to 1 pot odds would also be a decent price to chace your flush as 3 to 1* represents 33% and you still have 36%.

Implied odds indicate it may be correct to call a bet with less favourable pot odds such as 2 to 1. Although 2 to 1 means you would need a hand with 40% win possibility to justify this call, calling may still be correct.

Implied odds dictate that you may be correct to call without the exact odds as you assume that if you make your flush then you may be able to win a big bet from your opponent. I have no doubt there will be some resourses on the internet that will explain the concept better than I have but it is what I consider ESSENTIAL information if you are wanting to be a winning player.

* as a general rule of thumb, if your opponent bets half of the existing pot - the pot odds you are offered is 3 to 1

Unfortunately, you can only count on seven outs, not nine, if he has a set.

Less actually because even if you turn the flush, he can still river the boat, or vice versa. So even if you get one of your 7 outs, you're still not guaranteed to be good.

I don't like the fact that he tries to use the rule of 4 on the turn. Especially if your opponent suspects you have a drawing hand, they're gonna bet the turn. If you're faced with a bet on the flop, you don't have 2 cards to make your hand, you have one card and then you'll face another bet. If you're facing an all-in, you can know for sure you'll get 2 cards, but if you flat call the flop, most of the time you won't get a free card on the turn.

This actually helped me out a lot, good post.

Thanks a bunch.

thank you for putting that video on. I found very helpfull.
Now I just have to put it to use

Um, no. That's exactly why you only have seven outs instead of nine. You don't have to subtract them twice.

Right, this is a very common error: since we are 2:1 to make our flush by the river people will often call thinking they are actually getting 2:1, when in fact they will face another bet on the turn. The reason your % is higher on the flop is because there are two cards to come, not because it's magically more likely that your suit will fall on the turn rather than the river. But you don't get to see two cards when you call that bet (excepting all-ins, of course), so:
Calculate your odds one street at a time !!