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Poker Discussion
General Poker
Correctly Calculating Pot Odds - Does Your Bet Count?
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[QUOTE="Dark Army, post: 4928517, member: 369115"] The bold part is where you're not thinking about it correctly. Your looking at the entire pot as profit. It's not. When you make a bet and win the pot, that bet is NOT a part of your profit. You're getting the bet back when you win, but it's not profit. In fact, until you win it's a loss. Let's say you have a $2 bankroll to gamble with. You decide to place a bet on your favorite sports team that has 2:1 odds of winning. If your team wins, it will also pay you 2:1 odds (The same odds of them winning) Now, if you make a $1 bet, that doesn't change the payout odds. The payout doesn't go up to 3:1. It's still 2:1. But that's exactly what you think is happening in poker. You think that if you add your bet to the pot it increases the payout. It doesn't. The payout is the same as it was before you made your bet. The bet is not part of your profit. [/QUOTE]
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Correctly Calculating Pot Odds - Does Your Bet Count?
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