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Learn GTO

Unit 4

Pot odds

What the price in front of you demands you hold.

3 ideas, then 7 lessons that drill them until the answers stop needing thought. Everything below appears inside the lessons themselves; this page is here so you can read it without playing, or come back to it after.

The price tells you how often you need to win

The rule

Not roughly. Exactly. What you must put in, divided by what the pot will be after you put it in.

You are facing a bet. Add what is already in the middle to what they just bet, then add your call on top: that is what you are playing for. Your call divided by that total is the share of the time you need to win for calling to break even.

This is the one calculation in poker with no judgement in it at all. Everything else on this page is an estimate. The price is a fact, it is available before you act, and most losing players never work it out.

Worked example

Board
Your hand
Pot100They bet50To win150
You call
50
To win
200
You need
25.0%
3.0 to 1

Fifty to win two hundred. Now compare that number against the flush draw you are holding.

Read more: pot odds, expected value

Three sizes cover most of poker

The rule

Half pot asks for a quarter, two thirds asks for a little under a third, a pot bet asks for a third.

Bet sizes repeat, so the prices they lay repeat too. Once those three are memorised, most decisions stop needing arithmetic at the table: you recognise the size, you know the number it demands, and all that is left is whether your hand clears it.

Bigger sizes move the number faster than people expect. An overbet of twice the pot is asking you to be right two times in five, which almost no drawing hand ever is. That is what an overbet is for.

Read more: pot odds

Three to one is twenty five percent

The rule

A ratio counts the parts. A percentage counts your share of the whole. They are the same fact stated two ways.

Getting three to one means three parts already in the pot against one part from you, so four parts in total and one of them yours. One in four is twenty five percent, not a third. This single conversion error costs more money than any other piece of poker arithmetic.

Convert once, in whichever direction you find easier, and then stay there. Mixing the two mid-hand is how the mistake happens.

Read more: pot odds

The 7 lessons in this unit

  1. 1The price of a call8 questions
  2. 2Half pot, two thirds, pot8 questions
  3. 3Outs against the odds8 questions
  4. 4Big bets and thin calls8 questions
  5. 5Overbets and the price they lay8 questions
  6. 6One card to come8 questions
  7. 7Unit review10 questions · review

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