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Old 09-03-2005, 03:36 AM
Lexander Lexander is offline
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Join Date: Sep 2003
Posts: 47
Default Re: Having trouble coming to terms with Pokermods.com\'s odds tables.

Thinking about it, they are reporting the correct number, though I think in truth the percentage is confusing.

Odds are defined as the P/1-P where P is the probability of the event happening.

So, for example, if you have 18 outs, you have 18/46 chance of success, and 28/46 chance of failure. The odds are 18/28, which can be expressed as a percentage, but that is confusing because it turns out that the number can be greater than 1.
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