Texas
Holdem Pot Odds - What they are and how to use them to win
big money.
Recently, I received a question
from one of my students. It stated, "What exactly
is pot odds and is Texas Holdem pot odds strategy worth pursuing?"
One thing to remember, any
kind of Texas Holdem odds can and usually do get very confusing.
However, let me break pot odds down in very simple terms.
Please note that we are only discussing Pot Odds. Not outs,
implied odds, simple odds or anything else like that.
In short, pot odds
are the odds you get when determining the ratio of the amount
of money in the pot to the amount of money it will cost you
to call the bet.
For example, let’s say
you’re heads up with Player A. If there is $150.00 in
the pot after the flop and Player A places a $20.00 bet it
will cost you only 13% of the pot to stay in the hand. If
your likelihood of winning is greater than 13% it's a no-brainer
to call because you’d have good pot odds.
That's all there is
to it really. Texas Holdem pot odds boils down to
one thing. If your chance of winning is better than the ratio
of the pot size to the bet then you have good pot odds. If
it's lower than you have bad pot odds.
One more thought about
Texas Holdem pot odds. You're still playing the player
more so than anything else. Play the player more than your
starting
hands or the size of the chip stack and even,
yes the pot odds.
If you can learn to read your
opponents well you can utilize pot odds to help justify or
solidify your decision. But Texas Holdem pot odds
do not have to be an end all whenever you make a poker decision.
Knowing and understanding how
Texas Holdem pot odds work can be a useful and successful
strategy. But again don't make Texas Holdem pot odds
your only strategy.
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