In poker, pot odds are the ratio of the current size of the pot to the cost of a contemplated call. Pot odds are often compared to the probability of winning a hand with a future card in order to estimate the call's expected value.
Read more about Pot Odds: Converting Odds Ratios To and From Percentages, Using Pot Odds To Determine Expected Value, Implied Pot Odds, Reverse Implied Pot Odds, Manipulating Pot Odds, Bluffing Frequency
Famous quotes containing the words pot and/or odds:
“Would I were in an alehouse in London. I would give all my
fame for a pot of ale, and safety.”
—William Shakespeare (1564–1616)
“Irish? In truth I would not want to be anything else. It is a state of mind as well as an actual country. It is being at odds with other nationalities, having quite different philosophy about pleasure, about punishment, about life, and about death. At least it does not leave one pusillanimous.”
—Edna O’Brien (b. c. 1932)