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Pot odds. In poker, pot odds are the ratio of the current size of the pot to the cost of a contemplated call. [1] Pot odds are compared to the odds of winning a hand with a future card in order to estimate the call's expected value. The purpose of this is to statistically guide a player's decision between the options of call or fold.
The relationship between pot odds and odds of winning is one of the most important concepts in poker strategy. Pot odds are the ratio of the size of the pot to the size of the bet required to stay in the pot. [1] For example, if a player must call $10 for a chance to win a $40 pot (not including their $10 call), their pot odds are 4-to-1.
In poker, the probability of each type of 5-card hand can be computed by calculating the proportion of hands of that type among all possible hands.
The pot in poker refers to the sum of money that players wager during a single hand or game, [ 1] according to the betting rules of the variant being played. It is likely that the word pot is related to or derived from the word jackpot . At the conclusion of a hand, either by all but one player folding, or by showdown, the pot is won or shared ...
Morton's theorem is a poker principle articulated by Andy Morton in a Usenet poker newsgroup. It states that in multi-way pots, a player's expectation may be maximized by an opponent making a correct decision. The most common application of Morton's theorem occurs when one player holds the best hand, but there are two or more opponents on draws.
In Texas hold 'em, as in all variants of poker, individuals compete for an amount of money or chips contributed by the players themselves (called the pot). Because the cards are dealt randomly and outside the control of the players, each player attempts to control the amount of money in the pot based on the hand they are holding, [1] and on their prediction as to what their opponents may be ...
The pot odds for a bluff are the ratio of the size of the bluff to the pot. A pure bluff has a positive expectation (will be profitable in the long run) when the probability of being called by an opponent is lower than the pot odds for the bluff.
Draw (poker) A poker player is drawing if they have a hand that is incomplete and needs further cards to become valuable. The hand itself is called a draw or drawing hand. For example, in seven-card stud, if four of a player's first five cards are all spades, but the hand is otherwise weak, they are drawing to a flush.