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In poker, pot odds are the ratio of the current size of the pot to the cost of a contemplated call. [1] Pot odds are compared to the odds of winning a hand with a future card in order to estimate the call's expected value. The purpose of this is to statistically guide a player's decision between the options of call or fold.
The relationship between pot odds and odds of winning is one of the most important concepts in poker strategy. Pot odds are the ratio of the size of the pot to the size of the bet required to stay in the pot. [1] For example, if a player must call $10 for a chance to win a $40 pot (not including their $10 call), their pot odds are 4-to-1.
The player with the lowest card showing must start the action with the required forced bet, but Each player antes and receives three cards, two face-down and one face-up as their starting hand.
In some popular variations of poker such as Texas hold 'em, the most widespread poker variant overall, [3] a player uses the best five-card poker hand out of seven cards. The frequencies are calculated in a manner similar to that shown for 5-card hands, [ 4 ] except additional complications arise due to the extra two cards in the 7-card poker hand.
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If a player has a three-card badugi such as A ♣ 2 ♠ 3 ♦ 3 ♥ in the first round, the probability of making a four-card badugi by the final draw is 51%. With a one-card draw, the chance of making a badugi is approximately 21% per draw. [8] In badugi, the pot odds often justify or contradict making a call or folding a hand. [9]
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