Originally Posted by rindhoops
I'm as thick as 2 very short planks when it comes to math so I use
Holdem Indicator, it gives instant pot odds and lots of other info.
see my in-depth review of it (somewhere on this site)
Ok, I followed a link ini your post and found this:
<LI class=main>Pot Odds:
Pot odds is simply a ratio of the amount of money in the pot compared with how much money it takes to call. The higher the ratio, the better your pot odds are. If there are $12 in the pot and it costs $4 to call then you are getting 3:1 odds ( winnings : "cost to stay in"). This can be translated to a percentage, representing the size of your contribution in the new pot. It will be 25% in the above example.
This the same as the first example in my post.
Why the heck doesn't my example work then?:
The pot is $1.95, and the cost of the call is $1.45. The pot odds in this situation are 1.95:1.45, or 1.35:1 when reduced. To get the percentage, we add 1.35 plus 1 get a sum of 2.35. Now we divide 1 by 2.35, giving us 0.42, or 42 percent.
Why I'm confused is because the $1.95 pot and the $1.45 to call has already been expressed as (1.95+1.45)/1.45 = 2.3:1 = 30%