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Pot Odds Problems

Hi,

I was in a certain event just last night. I’ve got 8,10 clubs and the flop was 9,J,4 rainbow therefore I flopped the open ender. Then I called $5 to see the turn but don’t hit. After a while, a particular player placed a bet with two others behind me. At such point, pot was $72. I then considered that because I only had 1 card to go, with 8 outs, I had roughly 16% chance of hitting the river and would probably cost me $10 for the $72 pot, 7:1 on my bet. I immediately folded.

I don’t know why but I thought afterwards that if $82 was in and it would cost me $10 to call the river, then that would be 8:1 on my money. If I have the same 16% chance to hit, it seems that it’s just right to call.

For some time now, I’ve been playing and it seems that I’m always drawing whenever I flopped an open ended straight or 4 to the flush, w/out calculating odds. I’m having problems with gutshot sometimes. Well, I understand that if you have a gutshot on the flop you have a 1/11 chance of hitting. But what if you are playing $3/6, how much should be in the pot for you to call $3 for the gutshot? I guess $33. And how about if have 8 outs, does this mean I have a 1/4 chance on the river? When playing in a low limit game, how strongly should implied odds be considered?

Do you think I’m just missing something? I think I should try to read more tips, situational problems, etc.

Thanks for your time.

Warm regards,
Johnny
Johnny,

In your first example, you actually had odds to call. You had a call equal to 13.8% of the pot and a 16% chance to hit your hand. You should have called.

When figuring out pot odds, if your call is a low percentage of the pot than your percentage to hit your hand, then you need to make the call.

As far as calling $3 for a gutshot draw. On the flop there should be at least $19 in the pot for you to call $3.

Implied odds should not be a concern in Limit Holdem. NL holdem is a better use for Implied odds.

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