Quote:
Originally Posted by Built2Win
So example. someone bets $50 into $70. that comes out to pot odds of about 41.6%.
Once they have bet $50, the pot is 70+50 = $120 and the person deciding whether to call ($50) is faced with odds of 120:50.
The pot literally lays odds of $120 in the pot compared to $50 required to stay in that pot.
Pot odds of 120:50 is equivalent to 12:5 and the equity required is 5/(12+5) = 5/17 = 29.4%
If you're doing the betting, rather than thinking about a call, pot odds apply in a different way. You might choose to bet 50 into 70 as a
bluff, and then you require villain to fold 50/(70+50) = 50/120 = 41.67% of the time in order for your bluff to be instantly profitable.
I guess it's a bit counter-intuitive, but the guy betting 50 into 70 needs to win 41.67% of the time to be instantly profitable, but the guy facing that $50 bet only needs to win 29.4% of the time, because now there is more money in the pot (120 instead of 70).
To emphasise, the person betting is risking 50 to win 70, but after his bet, the caller is risking 50 to win 120. The latter clearly has a better risk:reward ratio, since although both players are only risking $50, the first guy can only win a pot of $70, but the caller can win $120.
Last edited by ArtyMcFly; 06-18-2020 at 03:14 AM.