Understanding Implied Odds
by Andrew Brokos | Published: Feb 19, 2014
The term implied odds is generally used to mean something like “the money you expect to win if you make the hand you are drawing at.” When you’re thinking about the pot odds you are getting to call a bet, you should factor in not just the current size of the pot but also anything additional you believe you will win if you hit your hand. Because implied odds can serve as a justification to call with hands that are clearly behind, they are one of the favorite tools of “The Calling Demon,” that devil on your shoulder who is always trying to convince you to play hands that you really ought to fold. Before the flop, many players reduce a calculation of implied odds to a simple rule. They’ll call with small pairs for up to ten percent of the effective stacks, and with suited connectors and similar hands ...
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