AlfieAA
Legend
Silver Level
so i was reading an article about expected value, equity and all that jazz when i came across a piece about 'odds'...........now i was led to believe that if you put say $10 into a $30 pot you would be getiing odds of 3/1.....
however this guy says something different.....what is correct?
Percentage odds miscalculation example.
If your opponent bets $40 into an $80 pot, the total size of the pot after you have added together your opponent’s bet and your call will be $160.
Therefore your $40 call into the total pot of $160 would be worth 25% of that pot, therefore you can then use this 25% figure along with the chance of completing your hand to determine whether or not to call. This is the correct way to work out the odds.
The error is made when players do not add their own bet into the total pot size, so instead of coming out with a total $160 pot, they will be working with a $120 pot, as they have forgotten to add their own $40 into it. Therefore they will then work out the percentage of $40 out of $120, which works out to be 33%. This is quite far off the $40 out of $160 being 25%, and it could mean the difference between making a profitable or losing call to try and complete your draw.
however this guy says something different.....what is correct?
Percentage odds miscalculation example.
If your opponent bets $40 into an $80 pot, the total size of the pot after you have added together your opponent’s bet and your call will be $160.
Therefore your $40 call into the total pot of $160 would be worth 25% of that pot, therefore you can then use this 25% figure along with the chance of completing your hand to determine whether or not to call. This is the correct way to work out the odds.
The error is made when players do not add their own bet into the total pot size, so instead of coming out with a total $160 pot, they will be working with a $120 pot, as they have forgotten to add their own $40 into it. Therefore they will then work out the percentage of $40 out of $120, which works out to be 33%. This is quite far off the $40 out of $160 being 25%, and it could mean the difference between making a profitable or losing call to try and complete your draw.
