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Formula for calculating how much money needed to make for implied odds (using percentages) Formula for calculating how much money needed to make for implied odds (using percentages)

08-11-2017 , 01:03 AM
Hello everyone,

I have kind of figured out how to do this with ratios, but I can't figure out how to do it as a percent.

I read somewhere the formula for required implied odds is:

required implied odds $ = odds of hitting your draw - pot odds

so suppose I have an open ender draw and my draws are live. The pot is $88 and I need to call $35 to win the $88.

Therefore I am getting 4.875:1 on hitting my draw and 2.51:1 on pot odds.

So 4.875-2.51=2.36

So my implied odds are 2.36:1

If I multiply 2.36*(amt to call, $35) I get $83.

So according to this formula, I need to win $83 on a future street to make calling profitable.

But my dilemma is that at the table I am usually thinking in terms of percentages. So the RIO = Hit Draw - Pot Odds doesn't apply for percentages. I am wondering if anyone knows what the formula should be in this case?
Formula for calculating how much money needed to make for implied odds (using percentages) Quote
08-11-2017 , 01:12 AM
Let say 3:1 is ratio.For % the formula is:
3/1 * 100=300%...
Decimal to % is:
Let say odds r 2.00 then we have:
(100/2.00)%=50%
Formula for calculating how much money needed to make for implied odds (using percentages) Quote
08-11-2017 , 11:41 AM
Percentage of what? If it is 100*future winnings / call amount, % = 100*(draw odds- pot odds).

For the example,

% future winnings is of call amount= 100*2.36= 236%

I should note that the implied odds equation you used assumes that if you hit your draw, you or villain will bet or call at least 83 and you will win, which is not always true.

Is this what you are seeking?
Formula for calculating how much money needed to make for implied odds (using percentages) Quote

      
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