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Texas Hold'em Odds
 

Poker is the game of probability. If you choose to bet/raise/call according to probability of your hand you will be the master of the game. The action based on the probability will not only minimize your loss but make you win bigger amount on winning hand.

Every poker player should know this. To calculate probability you should be good at counts. So you may not scramble the odds in the heat of the battle. If you don't have very good mathematics you should memorize the odds chart available at the end of this section. First you should be familiar with common terms related to Odds.

Outs- The number of cards left in the deck that will improve your hand.

Pot Odds-The odds you get when analyzing the current size of the pot with your next call. In other words, pot odds are the ratio of money in the pot against the cost to call. It is also called immediate odds . For example, if there are $12 in the pot and it costs $4 to call then you are getting 3-to-1 odds

Bet Odds-The odds you get as a result of evaluating the number of callers to a raise.

Implied Odds- implied odds is the ratio between the amount you expect to win when you make your hand (more than what is in the pot) versus the amount it will cost to continue playing

Reverse implied odds.- Reverse implied odd is the ratio between the amount in the pot (what you win if your opponent does not make their hand) versus what it will cost you to play until the end of the hand.

 
Statistics
Dealt a pocket pair 16 to 1
AA 220 to 1
Any AK (suited or unsuited) 82 to 1
3 suited flop 18 to 1 or 5%
2 suited flop 55%
Being dealt a pocket pair 5.9%
Flopping a set when you hold a pocket pair 11.8%
Being dealt suited cards 23.5%
Making an open ended straight draw on either turn or river 31.5%
Making a gutshot straight draw on either turn or river 16.5%
 
Odds/Outs Chart
Number of Outs Odds with 1 card Chance of completing with 2 cards
20 1.3 to 1 67.5%
19 1.5 65.0%
18 1.6 62.4%
17 1.8 59.8%
16 1.9 57.0%
15(flush draw w/2 overcards) 2.1 54.1%
14 2.4 51.2%
13 2.6 48.1%
12(flush draw w/overcard) 3 45.0%
11 3.3 41.7%
10 3.7 38.4%
9(flush draw) 4 35.0%
8(open ended straight draw) 5 31.5%
7 6 27.8%
6(2 overcards) 7 24.1%
5 8 20.3%
4(gut shot draw) 11 16.5%
3 15 12.5%
2(hitting a pocket pair) 23 8.4%
1 46 4.4%
 
 
 
 
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