This is a discussion on Odds Calculator & PT3? within the online poker forums, in the Learning Poker section; So I have been trying to calculate pot odds and whether I am making good or bad bets. I think I have been doing an 


#1




Odds Calculator & PT3?
So I have been trying to calculate pot odds and whether I am making good or bad bets. I think I have been doing an okay job, but I am never sure if I am right or not as I do it all in my head. Is there a good odds calculating software that is alright to use alongside with PT3 ,or does PT3's trial version have one built in by chance? I would like to see if my calculations are right or wrong. I already have PT3, but just started using it today, so still learning all the cool advantages it has. Does anyone else here use a odds calculator, and if so do you use it with a HUD runing also? Just making sure my screen has enough to fit everything lol, the PT3 HUD does take up some space, but I'm sure I could arrange the stuff around so everything fits...

#2




As I recall, PT3 does not have an odds calculator. You will find that many software vendors charge almost as much for their odds calculator as you paid for PT3, which is why not too many people like them. Not only that, but there are those who will point out that you should learn the odds yourself. There are websites, but that requires switching back and forth between your poker room and your web browser for every hand you want to be involved in  not likely to be something you would want to do, based on your comment about getting everything to fit on one screen.
Now, having said all that, there is an odds calculator I use which may meet your requirements. It is the Pokernews.com Odds Calculator Desktop Application, and it does not appear to take up an unreasonable amount of screen real eastate. It is free, and does not require signing up to a web site or poker room. While I do not use this while playing (maybe I should !), it will definitely do what you want it to. Even if it is too cumbersome to use while you play, you can always review your session with it by marking questionable hands for review in PT3, then going over those hands in Odds Calculator. Believe me, you will find out very quickly if you made a mistake, or if the other guy simply got lucky. Good luck on the felt ! 
#3




A simple way to calculate your chances of winning are the count the number of cards you'll need to win, an multiply that by 4 on the flop, or by 2 on the turn.
So if you need to catch your openended straight, that's 8 cards that will help. You are about 32% to hit it postflop (8 x 4), and about 16% to hit after you see the turn (8 x 2). (It's really more like 33% and 17%, as adding one percentage point makes it more accurate... but rarely will a choice be made based on one percentage point). 
#4




TBH pot odds are far less important in NLHE than the concept of equity.
If the villain is betting correctly 1/2 pot 2/3 pot or pot sized bets, and you are not short stacked then its rare to find yourself in a pure pot odds drawing situation. 
#5




Quote:
For pot odds (to find out whether it is even worth me chasing my outs or not) just take the size of the bet needed to call and divide by what is in the pot (opp bets $50 into a $100 pot then 50+100=150/50=3. So now I am getting 3to1 pot odds with a 32% chance of hitting. Again, close enough is good for me, I don't need exact. I don't use a calculator while playing, I find it takes too much time (or maybe I haven't found the right one) while playing but after when I am reviewing hands I sometimes use this one: http://www.cardplayer.com/pokertools/oddscalculator/texasholdem 
#6




re: Poker & Odds Calculator & PT3?
I know about the 2 and 4 for turn and river multiplied by your outs, and I also have a copy of it one onenote showing it all. I think I am having trouble with the pot odds, whether I should call a bet and chase or not. So in your example, 150/3=3, so it's 3 to 1 pot odds, and you want your chance of wining to be higher than your pot odds? Also, say it was 50$ to call a 50$ bet into a 150$ pot, so 50+150=200/50=4. So 4 to 1 pot odds? and theoretically(sp?) with the 8 outs of 32% chance of hitting, calling the 50$ bet with 4 to 1 pot odds would be profitable(sp?lol) in the long run.
Also i am pretty sure i understand it at this easy level, but when I am playing cash games I have a time limit and just do it in my head real quik, think i will start using some paper to be sure. But is the ratio always to 1, like as in 4 to 1 or 3 to 1, or can it be like 12 to 3 or 5 to 2? And how do i figure it out if so? 
#7




i would definitely recommend using either pot odds or percentages, since both at the same time is bound to confuse you.
so: if you have a 33% chance to make your hand, that means (excluding redraws and whatnot) that the odds are ~2:1 against you making the hand. if the pot offers you better odds, you should take them. of course, in the above you should factor in the problem of additional betting on further streets. so say you have to make a call which gives you say 5:2 on the flop with an OESD (this means a bet of 2/3 the pot before it), but there is the (significant) risk of also having to call a big bet on the turn without making your hand... so it should be a pretty clear fold. if it is allin on the flop, then it is certainly correct to call (in a cash game  in tournaments you may have to think of/factor in other things like not leaving yourself too shortstacked). hope this helps enough, or ask away if you need further explanations 