Quote:
Originally Posted by statmanhal
You are mixing up terms. Pot odds has nothing to do with the cards.
Card equity is always a showdown metric.
The issue you may be rightly struggling with is that if the flop bet is not all-in, there will be future betting depending on the turn and river cards so showdown equity on the flop is not a complete picture. Then you have a game tree with a bunch of decision branches that makes detailed analysis complicated often requiring a computer program like CREV. One partial solution is to estimate implied odds, which takes into account how much you may win if you hit a winning hand on a future street.
This is where I was headed with my comment before I read this one.
When you look at a situation you can look at both 'right now' or 'later' implications.
Pot Odds are 'right now'. If you are 80-20 then you 'simply' need a 4 to 1 bet size to make a
BREAK EVEN decision. Pot odds do typically imply that you are going to showdown 'next'.
But in real poker we have Flop, Turn and River decisions that we may or may not need to make. If we solely based our decisions off of pot odds we may never see a Turn card as the first person in the hand would (should) bet a large amount as to make a call unprofitable most of the time .. without other information.
When you are looking to set mine you are looking for implied odds (or potential chips). There simple just isn't enough opportunities to get 8 to 1 on a call PF in poker. So you have to rely on getting more chips into the pot 'after' you hit your set. Typically players wont set mine unless stacks give them a potential of 15-20x the bet they are facing to set mine. This makes up for all the times you miss, don't get paid ... and get beat even if you hit your set.
Whenever you are facing a bet you must decide 'the now' and the 'how' ...
The now ... how strong is my hand right now compared to the pots odds I'm being offered. Remember these are separate entities that we just compare.
The how ... how often will I be good at showdown, how often will my hand improve with the next card and how often will I get more chips in the pot whether 'I'm good' or if I improve.
Last thing .. and I said it already .. The percentages you are looking at are BREAK EVEN odds over many hands. WE DON"T PLAY POKER TO BREAK EVEN. GL