If you are a new online poker player or someone that doesn’t realize the importance of known about poker odds, you are missing out on a very valuable weapon in your poker-playing arsenal. For those of you that think poker is a game of chance and luck you are gravely mistaken, it is a game of skill, nerve, bluff, mathematics and probability.
Poker are odds are one of the most important areas, that any new poker player must get to grips with, if they want to become a winning poker player. If you do not learn about poker odds, you will become fish and believe me there are plenty of sharks out there that will gladly take every penny you have.
What exactly are poker odds you may ask? They are used to determine the value of playing the particular hand that you have! It can also be described as being the win-loss ratio of playing poker. Poker odds can be converted into a percentage of probabilities by using the formula win-to-loss odds, equals win/ (win + loss) percentage probability. For example poker odds of 1 to 4, that works out to 1 / (1+4) or a 20% probability.
What you need to know is that every time an action is taken, such as check, fold or raise, the strategy is influenced by the pot odds. For example, if the poker odds are low, it will benefit you to fold, if he poker odds are high, it will be good to call. But as all truly great poker players know, it also depends on what cards your opponents think you have and what cards they actually have.
If you can master the skill of using poker odds effectively, you will undoubtedly give yourself a winning edge. You will be able to accurately determine whether a particular hand is worth playing or throwing away. Poker odds take a fair bit of time and practice to become a master of, so meantime I would recommend that you get yourself a poker odds calculator, , this is something that all new or intermediate should use.