Long time poker player, but still have a pretty basic question:
If I have an A5 and the flop comes 25Q, I think it’s not looking good for me with middle pair and 4 other players in the pot unless an A comes or another 5, and if an A or a 5 comes out, my 2 pair will win the pot many of the times.
Preliminary Question: if I’m thinking I have 5 outs (2 fives and 3 aces), the chances of one of those coming on the turn is about 10% (5*2), and then same for the river - is that right?
Main question: If the above premise is right, regardless of what’s in the pot right now (for the most part), and someone bets $10 after the flop, is it right to account for implied odds by thinking that if I think I will ultimately win $110 from the pot (not including money that I will put in on the turn and the river, but including money that I have already put in), then calling a $10 bet is EV positive (because it’s greater than $100)?
Then of course I have to deal with the pre-river bet, but that can be part 2.
Just trying to figure out the basic math behind implied odds.