More poker odds stuff
I just got Theory of Poker by Sklansky. I just finished the chapter on
Effective Odd's and it blew my brain up . It seems to me that it throws pot odds
out the window and all must be right in the universe to play any hand at all.
say you have a flush draw. odds against your hand 4-1
say the pot is 120 after villan bets on the flop. it cost you 20 to win 120
20 x 4 =80 so you call all the way down getting the right pot odds
Effective odds states that it will cost you 60(20+20+20) to win 160.
60 x 4 =240
so you are not getting the right odds to call effective odd's wise.
(I know you don't call the last bet on the river if you don't make your flush but for the sake of argument lets leave it in)
it seems to me that effective odds don't consider the money you have put into the pot goes to the pot total (320 total pot). It only consider what you win not what you spent to win that pot. We are not suppost to consider what we have in the pot it's just dead money.
So what am i suppost to do? How do i use effective odd's?