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Help simplifying pot odds Help simplifying pot odds

07-13-2019 , 10:35 PM
Just been trying to wrap my head around pot odds and equity and though I understand the concept now meeting the minimum % of equity in relation to pot odds being required. The only problem I have being able to simplify pot odds quickly. So for example if I take Hero raised 10$ villain 3bets 43$ and it folds back around to hero

53.50 in the pot after blinds and villain bet 43 so,

I understand the risk/reward part of pot odds, its 33$ for me to call the pot making it effectively

33/(33+53.50) or 33/86.50

but I was watching a video about this exact situation and question and I dont understand how you get

1.6:1 here as the pot odds even after simplifying it. It seems to me it would be 2.6 : 1 right?

I've tried dividing the numbers and the % is 38 after the maths run but I'm not putting together how to simplify it to get those numbers. I understand when bets are whole numbers such as earlier in the video going from 120/40 - 3/1 - 1/(1+3) = 25% so I'd need to have a hand with atleast 25% equity on the remaining streets to make a +ev call its just getting it to that point thats confusing I guess. Sorry if it sounds like i'm rambling i've been trying to put this together for days -_-

https://www.youtube.com/watch?v=Y_dVZYyBxjg

thats the video I was watching the hand in question is at around the 2min mark
Help simplifying pot odds Quote
07-13-2019 , 10:54 PM
its around 1.6:1 or 38%. 53.50/33 = 1.6:1 100/2.6= 38%

calling is for fishes unless your calling a all in or slowplaying.
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07-13-2019 , 11:00 PM
Awesome thank you that really helps, and you just got the 2.6 from the 1/(1+1.6) equation?
Help simplifying pot odds Quote
07-13-2019 , 11:40 PM
Here's the math:

Pot Odds: The amount you will win divided by the amount you have to risk.

PO = Win Amount / Risk Amount = (Pot + Bet)/Call = (10+43)/33 = 1.6 to 1

Required equity for break even = Amount risked /Total Pot after you invest = 33/(53 + 33) = 33/86 =38%

But 33/(53+33) = 1/(53/33 + 33/33) = 1/(1.6 + 1) = 1/(2.6) = 1/(P0 + 1)
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07-13-2019 , 11:56 PM
Thanks! It helps seeing the math layed out like that and I understand how to get the numbers required now. But how do you divide 53.50/33 quickly enough to determine the 38% to compare the equity to make a decision? Do you just basically remember the fact that 1.6 = 38% ? or is there a method to dividing the numbers so I could get 1.6 on my own quickly? division was never really my strongsuit I always preferred decimals to fractions
Help simplifying pot odds Quote
07-14-2019 , 12:43 AM
If you prefer decimals, add 1 to 1.6 which = 2.6

Than use 100 and Divide by 2.6

100/2.6 = 38%
Help simplifying pot odds Quote
07-14-2019 , 01:21 AM
Quote:
Originally Posted by mitchplease
Thanks! It helps seeing the math layed out like that and I understand how to get the numbers required now. But how do you divide 53.50/33 quickly enough to determine the 38% to compare the equity to make a decision? Do you just basically remember the fact that 1.6 = 38% ? or is there a method to dividing the numbers so I could get 1.6 on my own quickly? division was never really my strongsuit I always preferred decimals to fractions
I don't actually calculate this at the table. I know it by feel by reviewing a large number of hands and working out the % i need to make a call. there's also implied odds that sometimes come into affect as well. you have to add the future betting to the equation and sometimes a call might not be profitable on the flop alone but if you hit on the turn you could win a lot more therefore making the call now profitable.

a lot of the betting and pot sizes are similar since everyone opens preflop 2x-3x the BB online. live it could be larger or the same as online.
then flop betting is 1/3 1/2 and maybe full size of the pot size so pot sizes are similar in a lot of spots.

Last edited by R3M0T3; 07-14-2019 at 01:36 AM.
Help simplifying pot odds Quote
07-14-2019 , 11:31 AM
Quote:
Originally Posted by mitchplease
Thanks! It helps seeing the math layed out like that and I understand how to get the numbers required now. But how do you divide 53.50/33 quickly enough to determine the 38% to compare the equity to make a decision? Do you just basically remember the fact that 1.6 = 38% ? or is there a method to dividing the numbers so I could get 1.6 on my own quickly? division was never really my strongsuit I always preferred decimals to fractions
To find the minimum equity for break-even given Pot after villain bet and required Call, I think as follows:

If I call the TotalPot will be Pot+Call. I will have contributed Call/TotalPot, so that is the percent of times I must win. For your example it is 33/86.

I first round, say 30/90 = 33%. I know this is low because of the direction of my roundings. I may also factor using 32/86 = 16/43 ~ 8/22 = 4/11 or a little less than 40%. So I take the middle and guess it’s 73/2=36%, 37%, close enough.
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07-15-2019 , 07:42 PM
Hello, I'm a long-time NLHE player just learning PLO. I tried posting in the beginner PLO thread, but there doesn't seem to be anyone there.

Here is my question:

When I play $2/$5 NLHE, they won’t let you use the $1 chips in betting (except to pay the small blind). So how does $2/$5 PLO work pre-flop? For example, if I’m first to raise, can I make a pot sized raise to exactly $17? Or do I have to put in $15, or $20 (which would be more than a pot sized raise)?

Any help would be appreciated!
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