A bit about Pot Odds

Some information about Pot Odds
When you see a flop, you will generally be in one of three situations.

Situation #1: Your hand totally misses the board.
Your Hand
Board

You have nothing, so you should check and fold. Another possibility is to bluff.

Situation #2: You hit the flop well and hold a strong hand.

Your Hand
Board

In these situations, you should generally bet or raise.

Situation #3: You have a drawing hand

The third possibility is that you currently do not hold a strong hand, but it is possible for you to make a strong hand if the turn or river brings you a good card. This situation is known as "drawing."



Your Hand
Board

In this situation, a will make you a flush, and an Ace or King will bring you top pair.

When you are drawing, there are several tools that will help you make your decisions. One important tool is "pot odds." Calculating pot odds is fairly simple. First, you must count the number of outs you have. An out is a card that will improve your hand.

Your Hand
Board

In this example, your outs are 4 aces and 4 nines, or 8 outs total. To calculate your percentage of hitting an out on the next card, you take the number of outs times 2, then add 1. In the above situation with 8 outs, you have roughly a 17% chance of hitting on the turn.

Once you figure out your chance of hitting a draw, you multiply it by the pot+bet to determine the maximum bet you can call.

For example, if the bet is $10 and the pot is $90, the pot+bet is $100.

Now let's say you have 6 outs (6 cards will help you). This means you have about a 13% chance of hitting on the next card. If the pot is $90 and you must call $10, you should call, because you have more than a 10% chance to hit ($10 / $100). However, if the bet to you is $20, you should fold, because that would require a 18.2% chance of hitting ($20 / $110).