Pot odds and implicit odds
Each player who took part in the game when the dealer last held the bank is then, in turn, given the option of being the Banker. Any tool or service that offers real-time commentary or advice on the current game state that goes beyond reporting data and statistics. Tools and services that simply report basic game state information, such as pot odds or absolute hand strength. Therefore, you should also include the effective and implicit odds in your calculation. The implicit pot odds differ, as you have noticed, from ordinary pot odds as it in some way is about guessing. While the list of allowed tools and poker odds calculators varies from time to time this is a pretty comprehensive listing of which Tools PokerStars allow. Once all players have placed their cards on the layout, the dealer exposes his cards and sets his high hand and his low hand according to the house strategy.
Implicit pot odds
The ranking of the cards, in decreasing order, is Ace, King, Queen, Jack, 10, 9, 8, 7, 6, 5, 4, 3 and 2. An Ace may be used to complete an Ace straight or straight flush. The Joker has the same rank as an Ace but it may also be used to replace any card to complete a straight, a flush, a straight flush or a royal flush.
An electronic random-number generator usually determines the position of the first hand dealt for each game. Using the seven cards he received, each player forms a five-card hand called the high hand, and a two-card hand called the low hand.
The rank of the five-card hand must be higher than or equal to that of the two-card hand. You are responsible for arranging your hands. Once you have set your hands, you must place your cards face down on the designated area on the layout. You are not authorized to show your cards nor to discuss them with other players.
Once all players have placed their cards on the layout, the dealer exposes his cards and sets his high hand and his low hand according to the house strategy. You may surrender your wager prior to the dealer revealing your hands. In such a case, your cards are not exposed to the other players. For the first hand dealt, only the dealer may be the Banker.
Each player who took part in the game when the dealer last held the bank is then, in turn, given the option of being the Banker. To be the Banker, the player must have enough chips to be able to pay all wagers at the table during this game, otherwise the dealer holds the bank during this game.
A player may not act as the Banker for two consecutive hands. In this example, we focused strictly about the odds. In that case, you should probably wait before you try to understand implicit pot odds, since it is even a bit more complicate. What about the action after the 4th and the 5th cards? You must also take into consideration what is likely to happen in the following betting rounds. Suppose that your opponent will bet again after the turn and the river, this will change the pot odds.
Therefore, you should also include the effective and implicit odds in your calculation. We will go back and decide if to make the call once again. You count on that your opponent will bet 10 units again after the turn and that implies units in the pot. The actual drawing odds are still This time it gives you a positive expectation.
If already 2' Chips are in the Pot, then a further investment of Chips is not that much. If only Chips are currently in the Pot, then a raise of Chips is quite a lot.
By the way, you have to be familiar with the two concepts just mentioned. Why should you understand the concept of Pot Odds? You have to be able to calculate the Pot Odds, to put them into relation with the Odds you are getting in a certain situation. If you compare the Pot Odds to the Odds you are getting, you can calculate whether it is mathematically correct to make a Call or not.
On the other side, it is absolutely vital to control the Pot Odds your opponents are getting when you are the Raiser. Simply put, you have to raise by an amount high enough to induce your opponents to make a mistake if they call. If you raise, then raise the right amount! In a Limit Cash Game you can not control the Pot Odds because you can not vary the height of your bets. How does one calculate the Pot Odds and what decisions are derive from them?
In this situation we assume that Player B raised preflop on the button to Chips. Player A sat on the Big Blind which is 50 and called. Totally there are Chips in the pot. Both players started the Hand with 2' Chips, so they still have 1' Chips. Player A is first to act after the Flop. He checks at this point, we will not discuss whether this was a smart play or not.
Now we will calculate three Scenarios. Scenario 1 , Player B raises 50 Chips.