[DarrenJG]

Thanks much. As I wrote below to bootswild, it looks like IF you anticipate raises behind, then you clearly need to factor that into the pot odds as you state above (known as "real" odds). But if you get raised from behind and had not anticipated it, then the decision at that point would be based on the "current" odds of 9:1 as in your example above.

I just want to be sure I'm correct in my understanding.

Thanks again for the clarification!
Darren