implied odds

et1961

et1961

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I have read different articles on implied odds,but still have a hard time understanding it. It makes me feel like an idiot. How are implied odds different from pot odds? When do implied odds come into play? Can anyone give a specific example of the right time to bet using implied odds? Thanks, I would appreciate the feedback.
 
Grundy

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It's like pot odds taking into account future bets. You don't need to know anymore, it will likely mess up your game if you think about it unless you are already a very good player.
 
dj11

dj11

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IMO, implied odds play more importantly in Limit Games than Non limit games.

In limit it is easier to see what can be bet, and there is a cap on how many bets, so the implied part of it is those bets(calls) you expect to happen on any round of betting but have not happened yet. If you can reasonable expect your villains to bet or call and when they do, they give you the odds you need, then you made a bet based on implied odds.

I understood that, hope you do.

While the concept of implied odds does factor into no-limit games, the fact that you can't pin you villains down with as much certainty, makes implied odds less important..As I said IMHO.
 
-Phil Ivey27

-Phil Ivey27

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Imo implied odds is a concept in which you will lose more money than win.

To call others bets due to hoping to catch cards and take their chips may cause you to lose little bets, as well as big ones getting caught up on draws and such.

It is very rairly correct to use it imo, although if one understands it and uses it a couple hands out of hundreds, it can possibly be profitable.

Point is, don't get to hung up on the concept.
 
Stu_Ungar

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Basically when you call you should be aware of the odds of you making your hand.

If the pot is offering better odds than you need then you call.

When the pot offers worse odds than you need you can consider implied odds. Its very simply this.

When you call with insufficient odds, you make a loss. Therefore you must be able to make this loss back later in the hand. Usually it means getting your opponent to call a bet after you hit.


People tend to way overestimate implied odds. Its not a case of COULD you opponent pay you off when you hit its a case of he MUST pay you off when you hit.

Every time you make an implied odds call, hit and then dont get him to call the bet you expected.. you made a mistake, you misread the situation and over time you will show a loss. So calling big bets with a FD against someone who wont stack off whn it hits is a huge huge mistake.
 
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playerk7

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implied odds have to deal with your cards and what percentage you have to hit, and pot odds are the prices that people give you when making a decision on weither to call fold or riase, i will tell you that you need to know both to be effective at using them
 
slycbnew

slycbnew

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implied odds have to deal with your cards and what percentage you have to hit, and pot odds are the prices that people give you when making a decision on weither to call fold or riase, i will tell you that you need to know both to be effective at using them

This is incorrect. Pot odds are the odds that the pot is laying you (2:1, 3:1, whatever), your odds to hit whatever you're drawing to are whatever those are (i.e., if you have 8 outs and there is 1 card to come and there are 47 cards left, your chance of hitting is 8/47), and your implied odds are money you expect your opponent(s) to put in the pot AFTER you hit your draw to make the best hand. They are implied because villain can simply fold - meaning that you did NOT get that money from him, your implied odds did not pan out.

So, for example, if you're drawing to the nut flush after seeing the turn, you will hit 9 out of 47 times (there are 9 cards left that make your flush, and 47 cards remaining in the deck. Villain bets full pot on the turn, so you would pay 1 pot sized bet to win 2 pot sized bets, meaning that if you win 33% of the time you break even. The problem is that you WON'T win 33% of the time, you'll win a little less than 20% of the time (9/47), so calling a pot sized bet for pot odds is incorrect.

The only way you could justify calling the turn bet (profitably) is if you believe that Villain will call a river bet AFTER you hit your flush (for example, you believe Villain's holding AA or the equivalent and will not fold them whatever the river card is). If you believe that, you have an implied odds situation that can justify making a losing call according to pot odds - it becomes a winning call if he'll pay off a substantial river bet, which constitute the implied odds.

As Stu says, implied odds are generally overestimated. Many Villains will simply fold when the flush hits (flush draws are a little obvious - that's one of the reasons that disguised, hidden draws are advantageous), which means your implied odds just aren't there, making the turn call a losing play over the long run.
 
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