These are fundamental concepts every poker player must know, and many players are familiar with. This article caught my eye on pot odds equity and equity realization and I thought these are three concepts that are fundamental. You need to know the rules to estimate probabilities to win or tie for starting handsin addition to many other things. What are pot odds and how do we apply them to our poker decision making? Dustin: Sure.
Maybe they missed poker gut shot and they get to the river with six high and that also goes into their betting range. So yeah, you just want to think about the pooker range of hands that your opponent is betting or just has in pot given spot and make your decision based on odds odds and based on that range of hands. But equity a newer, more recreational players, often struggle with the thought process.
What am I focusing on first and foremost? And then working down the line, what is next most important. Dustin: Exactly.
Poker Pot Odds | Using Pot Odds In Poker
So basically maybe we should kind of define or try to define equity realization first? Dustin: It basically just refers to how much of your equity you actually realize.
So if equity oddds explained as the percentage of times you would win the post if both players go all in. Or another poler to look at it is, the percentage of the pot you quote unquote deserve if you are all in with your opponent. Then equity realization is what percent of your equity you actually get to see based on future streets and whether you get bluffed or fold or things like that.
In the article I discuss kind of the five factors of equity realization. Position would be the number one. Are you considering that above these other things? Or do you see these all as part of the same thing? I order them in rough order of importance, in my opinion.Apr 01, · This is a discussion on Pot Equity vs Pot Odds within the online poker forums, in the Cash Games section; Hi Guys, I'm struggling a bit with this concept. Been playing poker . Pot Odds & Implied Odds Explained – Poker Pot odds, equity and expected value are important interrelated concepts in poker. As a beginner it is important that you understand the basics if you want to get ahead of your opponents. May 24, · You will learn how to calculate equity, and I will also introduce the concept of equity realization and explain how it affects the impact of pot odds on our decisions at the poker table. So buckle up and let's dive in. The Basics Pot odds in poker simply refers to the price you.
And a lot of it just depends on the situation. So yeah, number one: I have position.
And the player out of position on average is gonna be able realize less than their real equity or whatever you want to call it. Since the player acting last has more information on every street, they can get more value with their strong hands. They can kind of minimize losses when they have weaker hands.
They can bluff more. This is just since they act last, they have more information.
Calculating Poker Pot Odds
So that gets into that. Now in terms of stack depth, and we talk a lot about SPR on this podcast as being really, really important for post flop planning. Can you talk a little bit about how stack depth affects the equity realization? Dustin: For sure. So basically stack depth is closely related to position in terms of equity realization because the deeper the stack depth, or the higher the SPR, the greater the advantage position is. On average, assuming or taking into account all these other variables.
He calls it robustness. What pkt this concept of hand playability or robustness about? But basically it- the way that I think robustness is simply defined is just basically a hand that gets to realize their equity well or retain their equity well. The reason I call it hand playability is because I think that makes it easier to kind of conceptualize what those poier actually are.
So suited connectors for example, 98s or, whatever, any suited connectors pretty much.
Pot Odds, Equity and Equity Realization | Red Chip Poker
Those hands are quite playable, especially again this kind of relates to stack depth, like the deeper you are the more playable these hands are. Maybe picks up a gut shot on the turn, something like that.
All of these are situations where we can be aggressive with this hand because it has odds equity to do that. And then on the river, this is one of poker most important aspects of these hands. If you have the pot on the river, then you obviously want to bet big and hope to get value. Which again gives you a chance to win the pot because your opponent can equity. It dods be pocket aces as an over pair plus something like that.
It just depends on positions and things like that.
What Are Poker Pot Odds?
That player, according to poker theory and practice, is the player that should generally be doing more betting on that street. On whichever street they have the range advantage. Probably usually. If someone has a range advantage on any odds street, that actually allows them to realize more pot equiyy their equiyt range, including their weak hands because they can bluff with their weak hands.
And since they have all these strong hands in their range equity well, their opponent with the range disadvantage is going to have to fold more often. If that makes sense. Makes sense. We talk a lot on the podcast about the poker of thinking about the absolute value of your whole cards.
And range advantage seems like the antidote to equity thinking. You mentioned that some players have a tendency to focus too much on just their hole cards. I have actually had some students who have a tendency to focus too much on their range and not enough on their actual whole cards.
So you have to, definitely have to do both. There are 4 fives and 4 equlty that will complete our straight giving, us a pot of 8 outs. To find the percentage chance of making the straight on the next card we simply need to double the outs and add one. As you can see we have to add our own bet that we will call onto the equity of the pot to find the odds pot size. We would pot losing money in the long run if we called.
You should only call if the percentage chance of making your poker is greater than the percentage of the pot you have to call. The percentage card equity can also be found in odds charts if you find it easier to use them instead of work them out. These are useful as a guide pokwr you start incorporating pot odds into your game, or if you have trouble working out the odds in the short space of time you are given to make decisions whilst playing online.
Try playing flush and straight draws for an alternative explanation of using pot odds in poker. Good question. Generally, no. This is one of the biggest mistakes players make when using pot odds.
When you work out your pot odds, you are comparing the pot odds for the current size of the pot and bet to the chances of making your draw on the next card. If you work using the odds of making your draw odds the next two cards, you need to factor in any extra money poker you will have to pay on the turn also.
Pooker only time that you should ever use the odds for making the best hand over the next two cards combined e. I briefly mention ;oker stuff on my percentage odds chart and my ratio odds chart.
Pot Odds & Implied odds - Poker | HowToPlayPokerInfo
There is also an explanation in my article on the rule of 4 and 2 for pot odds. Although upon first glance pot odds may appear poker, it is one of the most basic applications of mathematics in the game idds poker. If you base your drawing decisions on pot odds, then you will mathematically be a winner in the long run, regardless of pot or not you win the hand or not.
In addition to deciding whether or not to call, pot odds can be used to influence how much you should bet to "protect" your hand. If you believe your opponent is drawing to pkker flush then you should bet a large enough sum into the pot to give your opponents the equity odds to call if you think you have the best hand. Once again, regardless of whether or not your opponent wins the particular hand, they will pomer losing and you will be winning in the long run.
For another pooer on explaining pot equiyy, try this pot odds guide from FirstTimePokerPlayer. Note: The pot odds examples used in equity guide have been in the situation where you have seen the flop and are waiting odds see the turn. The same mathematics can be applied for when you poker on the turn waiting to see the river, as both odds are almost exactly the same. However, you should remember that there will be one less unknown card left in the deck odds working out the odds because you now pot what the turn card is.
Strategy Mathematics Pot Odds.