This is a discussion on Implied odds within the online poker forums, in the Learning Poker section; I was looking at the Implied Odds page on here and theres an odd I don't know how the writer came to it. ''A good example 


#1




Implied odds
I was looking at the Implied Odds page on here and theres an odd I don't know how the writer came to it.
''A good example of when implied odds in poker come into play is when you limp in with a small or medium pair before the flop in hold 'em. Your chance of hitting a set (which is typically the only way a small or medium pair will win) is around 7.51, which means that pot needs to have 6 or 7 other limpers to make it worthwhile.'' How do you get to 7.51? 
#2




That odds are of hitting a set in the flop with a pair in your hole cards. To calculate that you can do it this way:
 Probability of NOT hitting a set in the flop. P1 = (48/50)*(47/49)*(46/48) = 0,8824489795918367 I'll explain this: The deck has 52 cards, you know only 2 of them. The probability of the 1st card in the flop to hit your set is 2/50 Next card 2/49 Next 2/48 Those events are not independent so you cant add them, instead, you have to do it the way i've done.  Probability of Hitting the set: P2 = 1  P1 = 0,1175510204081633 = 11.755%  Now, to change % into odds you can use this: Odds = (100%)/% So Odds: (10011.755)/11.755 = 7.5 So odds: 7.5/1 
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#5




re: Poker & Implied odds
Just my opinion, but setmining in cash games seems much more profitable than in tourneys. in cash games, I can play a hand with no thought as to the shortterm results. ie., winning or losing the current hand. so implied odds in cash games mean so much more. plus, I like to play deep stack poker. in tourneys, no one is deep stacked, at least not after the first few levels. I tre to buyin for at least 100bb.
Example: 12nl game $300 max buyin (150bb) I have 66 in the cutoff. villain raises 3bb from middle position. 2 folds. I call with my small pair, blinds fold. I risked 4% of my stack to call, with huge implied odds if I hit. Example 2: $300 buyin tourney Halfway through rthe tourney, blinds are 100200. my stack is 4000. (20bb) I have 66 in the cutoff. villain raises 3bb from middle position. 2 folds. I now decide if I want to risk my tourney on pocket 6's. Note how I'm not thinking implied odds, or setmining, or anything like that. this is about immediate odds of winning the hand, combined with some amount of fold equity. I will admit I positivly suck at online tourneys. though not live, as it seems I can read live opponents pretty well. So the bottom line is: Save your implied odds setmining for deep stack cash games. And watch out. I'm planning in cracking your aces with 35os. 
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But yeah OP you rarely get the immediate odds to call to set mine but when you call you know there is a good chance the pot will be built on the flop when you hit (usually through a cbet). The odds you need vary from player to player. A loose player is less likely to pay you off because he has a wide range so implied odds are lower and immediate odds need to be higher to compensate. On the contrary, if you know a player is only playing AA and will stack off on any flop, you can call a big portion of your stack (up to about 12%) pre flop as when you hit you'll get paid off 100% of the time. In reality peoples ranges are wider than AA which is why the "5/10" rule is created. If the bet is 5% or less of your stack and you have a PP you should call because set mining will be profitable. If the raise is between 5% and 10% of your stack you should call depending on how tight (and therefore likely to stack off post flop) villian is. 