How to Calculate Poker Odds and Outs with Howard Lederer

Learn from the Pros How to Calculate Odds and Outs with Howard Lederer

Category:

Howto & Style

Tags:

• How
• to
• Calculate
• Poker
• Odds
• and
• Outs
• with
• Howard
• Lederer

[Gebuza]

@theman1819 Simple math. 4-1 means that out of 5 hands with the same cards, he is like to lose 4 times and win 1 time. Four plus one equals five. 100/5 = 20%.

On the other hand if his odds were 5-1 that would mean that out of 6 hands (5+1 = 6), he would lose five times and win once. 100/6 = 16,67%

[theman1819]

why does it say that the odds of winning are 4-1 shouldnt it be 5-1 if he is sitting at 20 percent can some 1 explain

[laffizzle]

how to calculate a ponzi scheme

[bartithamos]

@Allanlegacy43 ROFL

[bartithamos]

@Allanlegacy43 ROFL

[Allanlegacy43]

Hey Howard what are the odds of a couple of guys creating a poker company that owes it's members 390 million and has only 60 million in the bank, what about it Howard???

[artysmokes]

@yonex003 Yes, that's it. You have to bear in mind that there is a chance your opponent is chasing the same draw. Many times there will be 7 8 J on the table and I have the 9 and an opponent has the 10. I might think there are 4 tens still available, when really there are only 3. On a 4-player table, there's about a 30% chance that someone will have one of the 10s I need, so my number of outs on that gutshot would be between 3 and 4. I'd only have all 4 outs for sure if I was playing alone. :)

[yonex003]

@artysmokes So what ur saying is they take in the probability of what their opponents have? I think i understand what ur saying with using 50/50 by saying usually you can have 9 but its 8 1/2

[artysmokes]

@PBRMafia You've got it a bit confused. The 4 and 2 thing isn't particularly accurate, but 10 outs multiplied by 2 suggests a 20% chance of making the hand on the turn and 10x4=40% chance of making it by the river. 10 outs actually provides 21.3% on the turn and 38% on turn or river combines, so 20 and 40 wasn't so far off.

[artysmokes]

@theREALpromised1 Here's another more obvious example, that amateurs don't realise. If your opponent goes all in after the flop and you only have a low flush draw, it's usually not worth calling. Reason: You'll be contributing half the pot, but only have a 35% chance of winning. It makes no sense to contribute 50% of the pot unless you have a better than 50% chance of winning.