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-   -   Help me With Pot Odds. (http://archives2.twoplustwo.com/showthread.php?t=402100)

 Feltin Licter 12-20-2005 03:04 PM

Help me With Pot Odds.

if you're in a position to call \$500 to win \$800 (the guys all-in), you have 56 and assume your opponant holds 2 overs (ak aq aj)

Can somebody explain how to figure out if it's +EV?

 LetYouDown 12-20-2005 04:28 PM

Re: Help me With Pot Odds.

\$800 total or someone bets \$500 (all-in) into an \$800 pot, bring the entire pot to \$1300?

 MagicFlea 12-20-2005 04:31 PM

Re: Help me With Pot Odds.

why are we assuming he doesn't hold a pair?

 Feltin Licter 12-20-2005 05:58 PM

Re: Help me With Pot Odds.

\$300 is the BB. (I'm big blind) Button goes all-in for \$800.

I'm only trying to get the formula for how to figure if it's correct to call if I assume 2 overs.

 12-20-2005 08:22 PM

Re: Help me With Pot Odds.

The reason you have 80 views without an answer is because these people don't know. That is why they're here.

 KJL 12-20-2005 08:39 PM

Re: Help me With Pot Odds.

Well, there is \$1100 in the pot and you have to call \$500. With 56 vs. AK, you have about a 40% chance to win.
So you use the formula:
(amount you can win*chnance of winning)-(amount you can lose*chance of losing)
(1100*.40)-(500*.60)= 140

 AaronBrown 12-21-2005 11:37 PM

Re: Help me With Pot Odds.

KJL is correct, but we can be a little more precise. Assuming the cards are from four different suits, there are 655,265 boards that win \$1,100 for you, 1,050,561 that cost you \$500 and 6,478 that tie for a net \$300. So if you play all 1,712,304 possible boards, you win \$197,454,400 for an average of \$115 per hand.

Even better, if you're playing with a billionaire, say "let's take the gambling out of this game and replay this hand for every possible board." Don't try this with a poor guy.

 12-22-2005 03:38 AM

Re: Help me With Pot Odds.

A simpler way. You are calling \$500 to win \$1600 (his \$800+ your \$800) so you are geting more than 3 to 1 on your call. If your odds of winning the hand are greater than 33% then +EV.

 12-23-2005 07:24 PM

Re: Help me With Pot Odds.

[ QUOTE ]
A simpler way. You are calling \$500 to win \$1600 (his \$800+ your \$800) so you are geting more than 3 to 1 on your call.

[/ QUOTE ]

You are really getting just over 2 to 1 on your call - \$500 to WIN \$1100, which results in at least 33% chance of winning needed for +EV. I hope thats clear.

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