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[QUOTE="ChuckTs, post: 424304, member: 467"]
Implied odds are simple, medeiros, I think the hard thing about them is estimation.
Say you're drawing and are getting slightly unfavourable odds.  Not a great situation, but considering your opponent is a going to call a bet that will make up for those bad odds if you hit your draw, then your call is acceptable.

Here was an example from the book:
you have [COLOR=black]Q♣[COLOR=black]9♣[/COLOR] and the board shows
[COLOR=black]
A♣[/COLOR][COLOR=black]K♣[/COLOR][COLOR=red]7♦[/COLOR][COLOR=red]6♥[/COLOR]

You estimate that your opponent has you beat with aces or kings, and with both of you having 3000 in front of you and the pot at 1000, your opponent bets 500.  Your getting 1500:500 or 3:1, which are slightly unfavourable.  Whatever bet you think you can get out of your opponent on the river you should add to the current pot size (1500) to see if it would give you favourable odds.  So here, you'd need to get a bet of at least 550 to make the implied odds 4.11:1, which are favourable to you.

(1500+X)/500=4.11
1500+X=2055
X=550

Hard to do quickly in your head, but basically you know that if the pot were 2000, then his 500 bet would be giving you 4:1, so you'd need a little more than a 500 chip bet on the river to compensate.

The hard thing about implied odds is estimating how much your opponent will call.  That part's pretty much all guesswork.
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