Thanks for this lesson I learned how to calculate implied odds and I learned so much from this. Thanks
implied odds are aprox 26 to 1 and yes to callImplied Odds and Reverse Implied Odds are the topic of discussion on Day 9 of our course.
If you have not yet read Day 9 and watched the video for Day 9 - take a few minutes now to do that and then come back here to discuss it:
Implied Odds and Reverse Implied Odds
Implied odds is the ratio of the possible or likely amount we will win relative to the cost of calling. This is a very important concept if you are playing with deep stacks.
Reverse implied odds is having a made hand that's not likely to win us more money when it's best, and can lose us a lot of money when we are beat.
What did you learn from this lesson and what questions do you have for Collin and Katie?
Yes, you want to look at the effective stack -- whichever is shorter between your stack and his. The key idea is that doesn't actually assume you'll play an all-in. It just means that the potential reward of winning his stack (or yours, if you're shorter like you said) compensates you for the risk of losing your chip investment.
So in this situation it's a fold as i'm getting 15:1 implied odds?
Just feels wrong to fold!!
Calling wouldn't be a big mistake here, but yes it's better to fold in spots like your screenshot. Too often you're going to miss and check-fold the flop, and there's no guarantee of stacking your opponent when you do make the set.
Calling wouldn't be a big mistake here, but yes it's better to fold in spots like your screenshot. Too often you're going to miss and check-fold the flop, and there's no guarantee of stacking your opponent when you do make the set.
You'l be glad to knowDay 9 Implied odds
The book defines Implied Odds as the "Ratio of the possible or likely amount we will win relative to the cost of calling" it helps folks determine whether you should call certain hands.
Its based on the total amount of chips of the initial raiser and Collin makes the point in the vid that it deals with only the stack size of the initial raiser and not if multiple folks are in the pot.
Mathy stuff isn't my thing but Collin tells me to take whats in the pot plus the amount I could win from just the initial raiser(their chips) THEN take that combined amount and divide it by the cost of calling the initial bettor's bet to come up with a ratio. Ok that's not too hard.
He's telling you this isn't written in stone so you don't have to rely on it all the time but gives you reasons to call a bet in certain situations. In this lesson he goes over calling a raise with a pair and says you want better than 20:1 odds to call a raise with a pair. He also says he'll provide more implied odds for straights and such in future lessons.
The other thing covered was Reverse Implied Odds and the ebook gives another example of Pot odds.
Another good lesson that I can refer back to later.
You'l be glad to know
you'l also understand SPR now with relative ease!
you know that stupid saying
same difference lol
its all about how you decide to view the information
as implied to draw on him for equity
or SPR to steal preflop or post