Quote:
Originally Posted by King Spew
5:1 has six outcomes (5+1). You can verbalize this by saying "I will win five times for every one time opponent wins".
favorite 5 of 6 times means 5 divided by 6 = 83%
5:3 has 8 outcomes (5+3). favorite 5 of 8 times means 5 divided by 8 = 63%
Thank you for this King Spew, another dumb question. when we are getting our pot odds, we use the same kind of formula but we use it very differently(I will give example.) why is this?
Example:
There is $200 in the pot and oppenent bets $100(the total pot is $300), the action gets to us, we are getting 3-1 on our money(in percentage we need at least 25% to call,1 divided by 4, am I right here?) Can we use the same formula here? 3:1 has 4 out comes 3 diveded 4=75%. One is giving us 25% and the other is giving us75%. Which one is right?