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Pot Odds Poker – How to Calculate Poker Percentages
Pot odds are a numerical representation of the players next bet in relation to the size of the pot. In the game of poker pot odds can be a useful piece of information and integral in forming the best strategy. How so? This is because poker percentages as pot odds are sometimes referred to, are useful in forecasting what your possible payout is.
The possible payout of your hand and bet is the expected value of your next action can influence how you make your play and what risks you may be willing to take. If the odds are not in your favor it may be to your advantage to fold before yielding any more losses. But how do you calculate pot odds in a poker game? And what are the best poker percentages?
In this guide pot odds, we will answer these questions and more. Additionally, we will look at implied odds and simple pot odds calculator formulas that anyone can easily grasp and use. Beyond this very useful poker odds chart guide we have compiled a list of casinos that have the best poker games with great odds and payouts.
To get the expected value of the call you are about to make in poker it is important to calculate your pots odds. Contrary to popular belief you do not need some special pot odds calculator to get the figure.
Calculation poker pot odds is simply a ratio or comparison of the value of the call or bet to the value of the pot. Pot odds can be expressed simply in ratios, as decimals and as percentages. The example below will show you how to calculate odds as a ration, decimal and percentage simply
Here’s an example:
Suppose the pot is $90 the value of the call is $10
Pot Odds Ratio
To calculate the pot odds, express the pot value and the call value as a ratio i.e. 90:10
Next divide both numbers by the smaller number, that is 10 then you get 9:1 and those are the odds
Pot Odds Decimal
To get the odds as a decimal you simply add up the pot value and call value then divide the smallest number by the total
90 + 10 = 100
10/100= 0.10 0r 0.1
Your pot odds as decimals are 0.1
Poker Percentages Pot Odds
If prefer the odds as poker percentages then add the pot value and call value. Divide the smallest number by the total and then multiply by a 100 to convert pot odds to percentage value.
90 + 10 = 100
10/100 x 100= 10% OR 10/100 = 0.10 x100 = 10%
What Are Good Pot Odds in Poker?
To get a good idea of what good pot odds are you need to specify whether you want the odds for the current hand you have or for the whole game including future bets. To know whether the odds will be in your favor you have to compare the odds to the expected value of the next bet.
The expected value tells you whether a certain bet has a positive potential payout or a negative one. The pot odds are an indicator of whether the size of the pot is worth the bet you are about to place.
Combining the expected value and pot odds can give you a good estimation of what you stand to lose or gain. It also gives a good idea of whether you have high probability of winning the pot or not.
To get the probability of you winning the game you have to compare the pot odds top the expected value of your hand. If your expected value is higher than the pot odds then you top are in the optimal betting zone because you have a positive expectation.
Simply put, good pot odds are lower than the expected value of your call or bet.