Bets in all forms of gambling are placed on events that have a certain (often unknown)
likelihood to occur. It is very important to know the amount your bet must win,
that in the long run you will brake even. Bets were you receive a higher payout
will show a profit in the long run. That what it is all about in poker! In almost
all forms of gambing the payout of the bets is expressed as odds.The problem is,
that there many different ways, odds are expressed.
For poker players it is common to calculate odds in the form of the amount the pot
offers in relation to the amount needed to call. E.g. say there is $20 in the pot
and your opponent bets $10. Now you have to call $10 to win $30 ($20 initially in
the pot plus the $10 bet). So the (fractional) odds are $30 / $10 or 3/1. To make
this a profitable call, you have to win at least 1 game in 4 or 25% of the time.
Because this type of decision occur frequently in poker, fractional odds are used
Throughout this web site fractional odds are used. The table shows various odds for
Field test those odds and take advantage of your new gaming edge.
Show me the money and get the chance to try your skill with online casinos tested.
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|Chance||Odds Fixed||Fractional||Decimal||Moneyline||Return in %