Practical Poker Math

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$Poker Math That Matters$

3. Odds in Texas Hold’em must have money odds of 4 to 1 or better to justify a call. In this same hand there are 2 opponents still involved in the pot. As a student of game theory, you’ve tracked these two opponents and calculated that there is a 50% chance they will both fold to a bet or raise. In the above example, if a player only considers his odds of improvement, he has a 25% chance of winning and a 75% chance of losing and needs money odds of something considerably more than 3 to 1 to justify further participation in the hand. On the other hand, if you consider your 25% chance of making the draw to win the pot and the 50% chance that your opponents will fold to a bet or raise, your Total Odds of winning the pot are approximately 60%. With a 60% chance of winning you can participate with money odds of 2 to 1 or even slightly less instead of the 4 to 1 required if you only consider your 25% probability of improving the hand. While it’s impossible to always accurately predict an opponent’s hand or future actions, knowing basic odds and player history will give you a strong indication. One of the great values of the application of game theory and the concept of Total Odds to poker is that it can help the astute player discover value plays with good positive expectation that might have otherwise remained hidden. While it is harmful to your bottom line to play with an underlay, it is equally harmful to your long-term success to pass on value opportunities that offer significant positive expectation. 96
Operating with a thorough knowledge of your Total Odds of success and a good understanding of your opponents’ likely actions or reactions, adds to both your long and short-term expectations. Odds the Turn Card Will . . . With certain 5-card holdings after the Flop and with their calculations demonstrated below, here are the odds that these holdings will improve with the laying of the Turn card: With one card to come, the odds calculation for the various hands is quite straightforward and the only number that changes is the number of outs. After the Flop and before the Turn, counting your two hole cards, there are 47 unseen cards. 97 After the Flop After the Flop Hand to Turn Odds Pair Set 22.5 : 1 4 Suited Flush 4.22 : 1 Open Straight Draw Straight 4.9 : 1 Gut-shot St Draw Straight 10.75 : 1 Open St & 4 Flush Straight or Flush 2.1 : 1 1 Pr & Open St Draw Set or Straight 3.7 : 1 1 Pr & 4 Flush Set or Flush 3.3 : 1 2 Pair Full House 10.75 : 1 Set Full House or Better 5.7 : 1 2 Unpaired Cards Pair Either Hole Card 6.8 : 1
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Practical Poker Math By Pat Dittmar
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Thanks to some Friends for their la
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Table of Contents Preface . . . . .
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Odds with 2 Cards to Come . . . . .
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This is not perfect knowledge. It i
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Practical Poker Math The first aim
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1. Introduction to Game Theory in P
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2. The Basic Calculations Total Pos
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2. The Basic Calculations Another w
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2. The Basic Calculations Combinati
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2. The Basic Calculations This can
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2. The Basic Calculations 52 * 51 =
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2. The Basic Calculations pot odds
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2. The Basic Calculations Total Odd
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2. The Basic Calculations Odds in T
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2. The Basic Calculations number of
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2. The Basic Calculations sible fro
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2. The Basic Calculations Open Ende
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2. The Basic Calculations Odds of a
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2. The Basic Calculations After the
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2. The Basic Calculations The odds
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2. The Basic Calculations (48 * 47
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2. The Basic Calculations After the
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2. The Basic Calculations Therefore
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2. The Basic Calculations Before th
Page 64 and 65: 3. Odds in Texas Hold’em ♦ The
Page 66 and 67: 3. Odds in Texas Hold’em the arti
Page 68 and 69: 3. Odds in Texas Hold’em In a ful
Page 70 and 71: 3. Odds in Texas Hold’em The tabl
Page 72 and 73: 3. Odds in Texas Hold’em Pocket A
Page 74 and 75: 3. Odds in Texas Hold’em WILLNOTs
Page 76 and 77: 3. Odds in Texas Hold’em 54 1,326
Page 78 and 79: 3. Odds in Texas Hold’em Axs Comb
Page 80 and 81: 3. Odds in Texas Hold’em 2 Big Ca
Page 82 and 83: 3. Odds in Texas Hold’em Among th
Page 84 and 85: 3. Odds in Texas Hold’em consider
Page 86 and 87: 3. Odds in Texas Hold’em Before t
Page 88 and 89: 3. Odds in Texas Hold’em 1 * 100
Page 90 and 91: 3. Odds in Texas Hold’em Starting
Page 92 and 93: 3. Odds in Texas Hold’em the pock
Page 94 and 95: 3. Odds in Texas Hold’em Odds of
Page 96 and 97: 3. Odds in Texas Hold’em rank, th
Page 98 and 99: 3. Odds in Texas Hold’em 39 * 55
Page 100 and 101: 3. Odds in Texas Hold’em After yo
Page 102 and 103: 3. Odds in Texas Hold’em Suited C
Page 104 and 105: 3. Odds in Texas Hold’em Total Po
Page 106 and 107: 3. Odds in Texas Hold’em 2 Big Ca
Page 108 and 109: 3. Odds in Texas Hold’em with AJ
Page 110 and 111: 3. Odds in Texas Hold’em 2 Unpair
Page 112 and 113: 3. Odds in Texas Hold’em ♦ Like
Page 116 and 117: 3. Odds in Texas Hold’em Pair >>>
Page 118 and 119: 3. Odds in Texas Hold’em Open Str
Page 120 and 121: 3. Odds in Texas Hold’em Set >>>
Page 122 and 123: 3. Odds in Texas Hold’em After th
Page 126 and 127: 3. Odds in Texas Hold’em Open Str
Page 128 and 129: 3. Odds in Texas Hold’em (10 * 9)
Page 130 and 131: 3. Odds in Texas Hold’em 172 + 2
Page 132 and 133: 3. Odds in Texas Hold’em Runner -
Page 134 and 135: 3. Odds in Texas Hold’em 1 Pair >
Page 136 and 137: 3. Odds in Texas Hold’em For each
Page 138 and 139: 3. Odds in Texas Hold’em With onl
Page 140 and 141: 3. Odds in Texas Hold’em 2 Unpair
Page 142 and 143: 3. Odds in Texas Hold’em Thus of
Page 146 and 147: 3. Odds in Texas Hold’em 2 Pair >
Page 148 and 149: 3. Odds in Texas Hold’em still 9
Page 150 and 151: 3. Odds in Texas Hold’em Open End
Page 152 and 153: 3. Odds in Texas Hold’em 2. The g
Page 154 and 155: 4. Consolidated Odds Tables Texas H
Page 156 and 157: 4. Consolidated Odds Tables After t
Page 158 and 159: 4. Consolidated Odds Tables After T
Page 160 and 161: 4. Consolidated Odds Tables Startin
Page 162 and 163: 4. Consolidated Odds Tables Hand Af
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5. Odds in Omaha Hi-Lo In a 10-hand
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Starting Hands Your first chance to
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As demonstrated in Chapter 1, The B
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The odds of exactly one pair of Ace
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A2/AK Single Suited to the Ace For
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The number of 3-card combinations t
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The probability of A23 with the Ace
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AA2X Single Suited to A For the Flu
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There are 6 2-card combinations tha
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WILLNOTs (270,629) : WILLs (96) 270
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There are only 2 2-card combination
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Probably Not Playable With the thre
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Before the Flop In both Omaha High
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The Calculations These calculations
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Low hand (2), minus the 6 cards tha
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AA23 >>> Wheel or Aces Full To flop
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From the calculations above, we kno
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Total Possibilities = 17,296 - WILL
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Odds of Flopping an Ace High Flush
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Reduce 13,936 / 3,360 : 3,360/ 3,36
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(24 * 23) = 276 (1 * 2) 276 - 36 =
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(48 * 47) * 6 = 6,768 (1 * 2) Total
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After the Flop Nut Hand or Nut Draw
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1. Whether or not there will be a p
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The Calculations With the Turn card
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21 * 100 = 46.7% 45 Wheel (A2345) D
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Total Possibilities = 45 - WILLs =
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Odds of Turning a Boat or Quads WIL
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The Calculations After the Flop and
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Low Draw with Backup Low Card in th
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164 + 6 = 170 possible 2-card combi
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Flush Draw & Low Draw >>> Flush or
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296 + 28 = 324 possible 2-card comb
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Reduce 812 / 178 : 178 / 178 4.6 :
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Runner — Runner Remember — runn
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830 / 160 : 160 / 160 5.2 : 1 Back
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For each of these 3 sets there are
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Odds of a Runner-Runner 2 Pair or S
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Before the Last Card After the Turn
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The Calculations With one card to c
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2 Pair >>> Full House Reduce 23 / 2
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Open Ended Straight Draw & Flush Dr
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The River Bet All the cards are out
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Practical Poker Math

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