pot odds explained. HUD Poker Meaning: A “head-up display” (HUD) is an app that you use together with your poker site in real-time to collect and display stats about your opponents. pot odds explained

 
HUD Poker Meaning: A “head-up display” (HUD) is an app that you use together with your poker site in real-time to collect and display stats about your opponentspot odds explained  Whenever you decide that you want to make a bet or a raise, you should always take a look at the size of the pot before moving that chip slider or before counting out the chips in your stack

5x Pot Bet: 38%: Pot Size Bet: 33%: 2/3 Pot Bet: 29%: 1/2 Pot Bet: 25%: 1/3 Pot Bet: 20%: While in the first example we covered a situation where your opponent is all-in on the flop, and you are guaranteed to see both cards, do not make a mistake of assuming that it is always the case. Let’s recap. 5 into a pot of $15. Yes, 55 is a good hand to try to get a cheap look at the flop with. Odds: 1 in 89. It is a common mistake to consider committing a high percentage of chips in one’s stack already as causing one to be pot committed and thus. Now, multiply by the amount you need to call: 2. Many people play poker and there are many different strategies for winning. The following is a quick walkthrough of betting odds explained for those who have always been interested in learning. For a lot of players (including myself), the best way to learn about something. For example, if there is 12$ in the. In the casino industry, the terms ‘variance’ and ‘volatility’ are frequently used as a stand-in for the word ‘odds’ to describe how much of a chance players have of winning. The final betting type is moneyline and there are two different ways to figure it out. 5. 0,25 × 100 = 25%. MegaMillions. So, if there was £50 in the pot and it cost £5 to call, the pot odds would be 50:5, or more simply 10:1. You just divide the total pot value by your needed bet to determine the pot odds. You check again, but your opponent goes all-in with his remaining stack of $22. 89% in American roulette. If, on the other hand, you have a hand with 4. Understanding and applying principles of pot odds (and equity) can certainly help you out with that. Once you figure out the pot odds, you need to decide how. 48% (Calculated Above) You have good equity over the pot odds. #6: The Ultimate Cheat: Bonus Charts. 22 > 1 You are NOT getting immediate odds to call If your opponent bet 1/3 the pot giving you 4:1 to call you are still NOT getting immediate odds to call . For example, if there is $4 in the pot and your opponent bets $1, this will mean that you′ll have to pay one fifth,. This is where implied odds come in. 6%. It is important to keep in mind that Bob can call larger bets or even re-raise because of something we refer to as implied odds, which take into consideration further betting on the river due to it being unknown who has the better hand. It is a dangerous board, and you decide to check. To convert this, we need to add the pot size and the amount to call and. However, players need to remember no matter what strategy you use or how good your luck might be, poker is a game of probabilities. How to calculate winnings with fractional odds. To continue in this spot (based on expressed pot odds), you must have a hand with equity higher than 25%, if you want to show a long. The relative odds as per the Poker calculator with you are: Losing cards= Outs/Winning cards= 38:10. 75. That means there are 13 cards of each suit. 30 in the pot to be won, with 10 to. It’s these reel combinations and the. g. Let’s jump into it! The 10 Most Important Poker Statistics for Your HUD. You should generally be more aggressive with. If you have a 1:4 chance of improving your hand, this can be read as 25% or a ¼ fraction. Poker odds tell you the probability of hitting any given card. If you are drawing to a straight or flush (4- to -1 against. Poker Villain bets $50 into that pot. Texas Hold’em Pot Odds Explained. For example, if a slot game payout percentage is 98. . Pot Size Versus Amount to Call = Pot Odds as Ratio e. Pot Odds The Rule of 4 and 2: Pot Odds Examples. When pot odds exceed hand odds, a solid betting situation exists. Your opponent bets another 50, so there is now 100 in the pot. In simple terms, texas hold’em pot hand odds are the relationship between the size of the pot and the bet size. Many people play poker and there are many different strategies for winning. Trivia The restaurant where Dean proposes to Zoe is The King's Contrivance in Columbia, MD, and is filmed in the same 4 pics 1 word curtain slot. Betting $10 with 7-4 odds would net $17. Pot Odds Chart; Implied Pot Odds Explained; How Do Pot Odds Work; In poker there are good bets and bad bets – the game is simply a way of determining who can tell the difference. 3 : 1. 3 of the pot pre-betting. Expressing pot odds. If we are getting the correct pot odds, a call is almost always the right choice. Our 4-bet size should put the 3-bettor in a marginal spot with most of his hands, forcing him to call with a decent portion of his 3-betting range. So 10/2 is 5. These are ubiquitous symbols across the industry in. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. Odds of completing our draw: 4. 5-to-$1. 89% in American roulette. Let’s recap. Omaha Hi-Lo Rules - The Showdown. Use my free pot odds & implied odds tool today: video was created by for htt. To calculate pot odds, we need to imagine making the call first, which will put the total pot up to $100. $500 in the pot already when facing a $100 bet). But for now, an example may suffice. Example 5: If there is $400 in the pot and player we bet $300 (75% of the pot), the pot will grow. By Greg Walker. Pot odds are compared to the odds of winning a hand with a future card in order to estimate the call's expected value. PART 2. You are last to act and have 10s-9s. Aggressively. MegaMillions. In that situation, it’s 40:20 or 2:1. Aggressively. For example, if there is $2 in the pot and your opponent bets $1, your pot odds are 3 to 1. The pot odds would dramatically change. The relationship between pot odds and odds of winning is one of the most important concepts in poker strategy. Buy the pot is an old poker expression which means to make a bet large enough that no player would be comfortable calling (and therefore presumably fold). Poker GTO Examples: Postflop Pot Odds. This will help you determine the frequency you should bluff. Slots odds work in a similar way to our roulette example, except there are several more possibilities on slots. Definition Pot Odds. Basic Implied Odds. Pot-Limit – Pot-limit (PL) is a betting structure that allows a poker player to bet or raise any amount between a set minimum bet and the current pot size. The odds of winning a Mega Millions prize range from 24 to 1 to more than 302 million to 1. But, by the special case noted above, you also have to subtract any amount you have already wagered on the current street, or $5. If your range consisted of 30. The concept of pot odds is easy to learn and in my opinion is one of the most important concepts of playing winning poker, especially no limit hold’em. Pot Odds Explained. 33 is 20% of a pot of $166. The payout for this bet is 17:1, and the odds of it winning are 5. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. 77 as their cut. 50 - net gain $16,964. Pot Size Versus Amount to Call = Pot Odds as Ratio e. Because of the RNG software, there are thousands, and often millions, of reel. Therefore, your pot. In this example the pot odds are giving you 7:1 on a 4:1 draw. 41% for European, and 5. Turn: A♦ T♦ 8♠ 8♦. Then you are getting pot odds of 5-1. NJ only. If you do not have the pot odds to call, you can estimate your implied odds to gauge whether or not a call would still be. That's the scenario poker players most often. However, players need to remember no matter what strategy you use or how good your luck might be, poker is a game of probabilities . However, if we are not getting the correct odds, there are other factors that we need to consider, such as implied odds, which makes our decision much. This is where implied odds come in. Ante: Many variations of poker require each player to bet a certain amount before each round begins. The pot is $38. You are likely familiar with at least some of these terms, and the ideas may seem relatively simple. It can also be used in sports betting when the odds are higher than they should be and favour the player. But if your odds are 2. 1% chance to hit your flush on the turn. Hero bets 5 into 10 (half-pot) on the river and Villain raises (half-pot) to 15: Pot odds: Hero needs to call 10 more, and the pot will be 40 after you call. Pot odds are what Texas holdem players use to determine if calling or folding is the correct course of action when facing a bet. Pot Odds: 33% (Call/Final Pot) Equity: 36. Pot odds simply involves using the odds or likelihood of winning when on a drawing hand to decide whether or not to call a bet or a raise. Here is a table of common pot odds. So, if there's $100 in the pot and you are facing a bet of $20, the pot is now $120. 1:4 = 1 ÷4 (chances of not improving your hand): (chances of improving your hand) 1 ÷4= 0,25. If we multiply this 2. g. Say you are in a four-way hand holding K♣10♣, the flop comes Q♦J♦5♣, and you are second to act. For example, if there is $2 in the pot and your opponent bets $1, your pot odds are 3 to 1. Pot Odds Explained Hex Breaker Casino Game Betfair Allowed Countries Online Poker Kansas Betus Nfl Lines Best Iphone Betting Apps 3 Card Poker Game Rules Celebrities Apprentice 2017 How Did Jesse James Became Famous What Is The Best Game To Play In Vegas How To Win Konami Slots. Odds don’t preclude people from victory altogether, but just make it so that operators can run machines while making a profit and. Many people play poker and there are many different strategies for winning. Fair Odds Explained. However, players need to remember no matter what strategy you use or how good your luck might be, poker is a game of probabilities. The following is a glossary of poker terms used in the card game of poker. Odds Charts: Ratio Chart: Percentage Chart : Conversion Chart This percentage poker odds chart highlights the percentage chance of completing your draw based on the number of outs you have at different points in a hand. Poker is a card game that requires patience, practice, and skill. 2. 졸부와 겸허의 항아리. When looking at poker ranges, you can. Oct 22, 2023 The game of poker is a card game played. What does all this math have to do with odds? Pot Odds Explained. Odds calculators tell you when it’s a good idea and when it’s risky. In other words, you need to have over 25% equity. You can save a lot of money at this stage of the hand. 2:1. However, players need to remember no matter what strategy you use or how good your luck might be, poker is a game of probabilities. Multiply the $10 by the numerator, which in this case is. Play the most realistic slots! Free slots with large smoothly animated. Betting $10 with 7-4 odds would net $17. If there is $100 in the pot and the villain bets $50, you must call $50 to potentially win $150. It is 50 to call, so we are getting pot odds of 100-50, or simply 2-1 to call. Those two numbers combine to create the odds. River: A♦ T♦ 8♠ 8♦ 2♦. 4. How to Calculate Pot Odds in Texas Holdem. 50 plus the original $10. For example, if there is $2 in the pot and your opponent bets $1, your pot odds are 3 to 1. The next player is therefore facing a €10 bet, placing the pot odds at 60:10. The main pot is $2000, comprised of $500 from all four players (including player 2, who folded). We don’t know about you, but we tend to find it easier to figure these things out in percentages. 2:1; 2. Street is a three-number bet, where the players bet on a row of numbers – for example, 4, 5, and 6, or 19, 20, and 21. . What the heck does 2:1 or 3. Basically, all you need to do to calculate pot odds hold em is follow our steps listed below and you’ll be able to do so in any Texas Holdem game you play and in quick time too! Following the flop, players need to calculate the number of outs still in the deck. 5%. Poker is a card game that requires patience. Fixed-Limit Hold'em was the game of choice at the turn of the millennium; before that, it was lowball and stud. If there are two queens on. So looking at equity. 66. The formula for establishing the odds can also be stated as (1/p) - 1 : 1, where p is the aforementioned probability. If we multiply this 2. Holdem Pot Odds Explained - Map Data Map data ©2022 Google. It's tempting to call short-stack pre-flop all-ins with trash hands but generally speaking, you need at least 2-1 odds to do this; You can use the stack-pot ratio (SPR) to determine whether your hand is strong enough to call an all-in; Making an all-in bet💡 Math is a tool we use to calculate Pot Odds and determine our chances of winning during the decision-making process. The pot is now $148. Texas Hold’em Pot Odds Explained. Example of Pot Odds If the pot has $100 and your opponent bets $100 you are getting 2-to-1 pot odds. 2 figure by the $10 bet we have to call we get $22. 5 into a pot of $15. A standard Texas hold 'em game with blinds. Many people play poker and there are many different strategies for winning. The probability of this bet winning is 8. With two limpers before you, the pot bet is (3 x 2) + 1 + 2 + 2 = 11. Therefore, the Tote return depends on the prize pool and the number of winners as opposed to on your stake, and whilst fixed. Pot Odds & Implied Odds Explained – Poker 101 Pot odds, equity and expected value are important interrelated concepts in poker. So our required implied odds ratio is 2. Since we need 30% equity to make this call profitable (according to pot odds), we should be folding. Typically expressed either as a ratio or a percentage. Think of pot odds as the amount you stand to win for every dollar you are required to commit, and winning odds as your actual chance of winning the pot. Pot odds work by comparing the size of the bet and size of the pot to the chances that your draw will hit. This is very similar to the sports betting vig. Pot Odds Playing last means you close the action on each street (except pre-flop). Converting odds ratios to and from percentages. Reverse implied odds are (obviously) the exact opposite of implied odds, which refer to the amount of money you may win on future streets after calling a bet. Slot variance explained. This assumes no money goes in later. However, players need to remember no matter what strategy you use or how good your luck might be, poker is a game of probabilities. Pot odds are expressed in the form of fractions such as 2/1 (two to one), 5/2. The Total Pot is now 75 cents and our Pot odds are 75 divided by 25 = 3 to 1. Betting odds are a measure of how likely or unlikely a sportsbook finds an event to be. Rounded to the nearest tenth of a percent, 9/47 = 19. To enter each player's hand, click on the respective suit in. These concepts help players make informed decisions on whether to call, raise, or fold, based on the. Direct pot odds refer to the percentage of the time you need to win in order to at least break even on a call. Paul Phua gives tips on how they should affect your strategy. Dec 26, 2013 Pot odds are a term that is used in poker to reflect the ratio of the size of the pot to the. Errors Only OK. Hosts Qatar will be in Pot 1 and automatically take the A1 position and the seven best teams will complete that first pot. Reverse Implied Odds are an adjusted pot odds calculation that take into account the fact that we may lose money on the later streets when holding a mid-strength made hand or draw. Quick Hit Platinum. Therefore, to make calling the $10 bet with our flush draw a break-even play at worst, we need to extract $22 from our. The 8 Bet Sizing Rules. Outs refer to possible cards that could. The + and – signs are significant — we’ll explain in more detail below. Yes, the “rake” is the percentage of a cash game pot or tournament buy-in that the house takes for hosting the game. This works best when you expect to have a lot of fold equity. This means that putting money into the pot without any chance of your opponent (s) folding will cost you chips. Get 47% off my poker course on you prefer, you can also watch it on Skillshare going to upload the le. This means for every $10 you want to win on a spread bet, you have to bet $11. Slot games are easy to play, but understanding the odds is a slightly more complicated matter. They are worked out by setting how much money is already in the pot against how many chips you are being asked to contribute. What I mean by “profit over the long term” is best explained using an example. Let's say that you are playing $5-10, and your opponent has bet $10 on the turn with say, a pair, making a pot of $90. For example, if your opponent bets half pot you will be offered odds of 3:1 on a call (call 1 to win 3). Example: If the pot is $50, and the cost to call is $10 your pot odds are 50:10 or 5:1 (16. Stack-to-pot ratio, or SPR, is a way of measuring how deep the effective stack is and thus how strong of a hand will be required to risk that stack for a shot at winning the money already in the pot. Raising is an alternative to place this decision on the opponent. That’s pretty damn close and much easier to calculate. Even most winning players have. For example, if you are dealt 5♦ 6♦, and the board reads T♦ K♣ 2♦, any diamond-suited card drawn from the deck will complete a flush. While it's possible to consider pot odds before the flop, most players focus on their position and starting hand strength for most of their pre flop decisions. Well explained. From the bookie’s perspective, they are taking in $104. While the odds of hitting Friday’s $750 million Mega Millions jackpot are. Alpha: Villain is risking 15 to win 15 Take this example. Any time you wager on a game, you'll notice either a " - " or a " + " followed by a 3, 4, or 5 digit number next to the spread, total, or moneyline. 💡 There are a specific. The bounty in this spot is worth even more than the chips in the player's stack so we'll be able to call significantly wider. In this instance, it costs you $2 for the chance to win $10. A lot of thought goes into making bets and knowing what to expect out of every move you make. 11% in European, and 7. Understanding The Odds. Luckily this is an easy concept to learn and before you know it you’ll be. PKO Bounty FormulaLike implied odds, reverse implied odds are an extension of the concept of pot odds. Since the pot odds are less than the odds of hitting, in this instance we should fold. $100: $10 or 10:1. 2:1. Together with your opening 5 cards that gives you a ~60% chance to see a three off in case you open Prosperity. When playing a hand like 9 10 J Q ,. Let say 2 cards to come - it is more compex . The stages consist of a series of three cards ("the flop"), later an additional single card ("the. Poker Odds Explained - The Easy Way! Feb 11. How to Use the Poker Odds Calculator. Pot odds, equity, and equity realization. Pot odds refers to the price of calling a bet relative to the size of the pot. 88-1 to continue, and you are only getting 2-1, then subtract your pot odds from your implied odds: [4. 3 numbers plus the Powerball - $100 The good news is that the prize amount has finally reached triple figures - $100. What to do with pot odds. 7%) when reduced. 76 to get $100 back. The odds of hitting three numbers, but not the Powerball are 579. Pot Odds Explained. 2 million for the top prize. EV = (%W * $187) – (%L * $125) %W in this spot is how often the button would fold against our bet. Decision. It is the likelihood that the decision would lead to either a positive or negative result if made repeatedly. For instance, with a royal flush, there are 4 ways to draw one, and 2,598,956 ways to draw something else, so the odds against drawing a royal flush are 2,598,956 : 4, or 649,739 : 1. So, if there was £50 in the pot and it cost £5 to call, the pot odds would be 50:5, or more simply 10:1. 50 / 1. Like online casinos, online poker sites let you choose from a wide. 💡 Math is a tool we use to calculate Pot Odds and determine our chances of winning during the decision-making process. A call of 2 dollars to win 10 dollars are at pot odds of 5 to 1. 30 = 30% raw equity needed. Since you only have a ~20% chance to hit the flush with one card to come, you would have to fold this hand if no future action is taken into consideration. B. - our expert guide includes a clear explanation, poker probabilities and examples. How to Calculate Pot Odds. Meanwhile, game designers determine the payouts for each winning combination. So, if there was £50 in the pot and it cost £5 to call, the pot odds would be 50:5, or more simply 10:1. These odds can be found in sports betting portals. To call a bet here we’d need the pot to be a little bigger or our opponents bet to be a little lower. In this article I will explain what the rule of 2 and 4 is all about and. Pot Odds – Pot odds are the ratio between the total pot size and the size of the bet. ; Your your opponent has ; Sadly for you. Don't call unless you're trapping or increasing pot odds on big draws. Conclusion. 23, leaving the remaining $4. com. 30 in the pot to be won, with 10 to. In its most basic usage, EV is the value of your decision in a poker hand or situation over time. The pot odds are greater than the odds of completing his flush, so he should call. The jackpot bet is available on one meeting every day, except Saturday. Rating. 203 Fake St. to a straight or flush) and make your hand. . The result is 25%. For example, if the pot is $10 and it costs you $2 to call, you are getting 5:1 (spoken “5 to 1”). If you have a 1:4 chance of improving your hand, this can be read as 25% or a ¼ fraction. Notice that you are only risking $20 to win $140. Pot Odds คืออัตราส่วนระหว่างขนาดพอท (Pot) ต่อราคาเงินเดิมพัน (Bet) ที่เราจะต้องจ่ายเพื่อดูไพ่ เป็นหนึ่งในสิ่งที่สำคัญที่สุดของการเล่นโป๊กเกอร์Expected value is the amount of money a certain play expects to win or lose on average. 88-1. V. Click the yellow. Again, thanks. AA up against a hand such as 8-7 suited is a 3-1 favorite. A poker range chart is a visual representation of these ranges. It has done well in a number of tournaments last year. A lot of thought goes into making bets and knowing what to expect out of every move you make. You noted that implicit odds are "estimates of your pot odds", thus implicit. This means you have to call $50 into a $150 pot, which is where we see the expression "getting 3 to 1". Jul 18, 2016 If the pot odds were 5-to-1 here, it would be a good call with it being just over 4-to-1 against making the flush. In other words, a pot odd calculation can quickly tell you if it makes sense to call a raise or not, purely from a mathematical sense. In this case, that would be $49,624. Let’s do some math: Chance to win ≥ 60. It’s also crucial to account for the pot odds you’ll be giving your opponent if you decide to bluff. 88 or lower, the odds are slim and gambling is discouraged. 2 / (2 + 8) * 100 = 17. So in the example above our pot odds are 3 to 1 so our Break Even Percentage = 100% divided by 4 = 25%. A blind bet or just blind is a forced bet placed into the pot by one or more players before the deal begins, in a way that simulates bets made during play. As a beginner it is important that you understand the basics if you want to get ahead of your opponents. Player who won the bad beat hand: won $10,597. 2. Poker is a game of incomplete information and we will almost never know exactly which two hole cards our opponent has. –150 means you must bet $150 to win $100. To do this, add up the pot + the bet + your call ($15 + $10 + $10 = $35). Click to jump to an in-depth explanation of the rule: Increase your preflop raise size when there is a weak player in the blinds. 4% of the time to make an immediate profit (what we are risking/total pot). 4. The odds of winning a Mega Millions prize range from 24 to 1 to more than 302 million to 1. For example, if there’s $10 in the pot and it’s $2 to call, you’re getting odds of 5:1. They're mostly used on the flop, turn, and river. If he calls, the new pot is now $100 and his $10 call makes up 10% of the new pot. The amount in the pot to the amount you have to call is your pot odds. Understanding how to calculate Texas Hold’em pot odds is a skill that helps players know when to call, raise, or fold. So, if there was £50 in the pot and it cost £5 to call, the pot odds would be 50:5, or more simply 10:1. As explained in our Pot-Limit Omaha Guide, hands like two-pair on the flop are weak if not paired with a re-draw. However, if there. In other words, a pot odd calculation can quickly tell you if it makes sense to call a raise or not, purely from a mathematical sense. Your opponent also checks. But you can also use simple bricks to fill out one of the missing sherds. Pot Odds The ratio of money in the pot compared to what you need to call to keep playing. Whenever you decide that you want to make a bet or a raise, you should always take a look at the size of the pot before moving that chip slider or before counting out the chips in your stack. Understanding how to calculate Texas Hold'em pot odds is a skill that helps players know when to call, raise, or fold. 💡 There are a specific. This video was created by for SplitSuit shows you everything you need to know about pot odds. There was $15 in the pot before that. $ 10 im Pot liegen und Sie für $ 2 callen müssen, betragen Ihre Pot Odds 5:1. Firstly; Texas Hold'em pot odds are expressed using a simple understanding of ratios. The fundamental pot odds. [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. For example: If there's $10 in the pot and you have to call a $2 bet. If the small blind is $1 and the big blind $2, the max bet is (3 x 2) + 1 = 7. The side pot is $1700, comprised of $700 each from players 1 and 4, plus $300 in dead money from player 2, who folded. The other odds to consider are pot odds, these offer a simpler approach to the game than implied odds. For your call to be profitable you need to. Pick at least one horse in each race, and if they all place, you get a return. ; Drawing a royal flush is the most difficult hand to get from a shuffled deck of 52 cards. Example of Implied Odds If the pot has $300 and your opponent bets $100, you are getting 4-to-1 pot odds to call (you need to call $100 in order to have a chance to win $400). This quick calculation reveals the optimal proportion of bluffs in your betting range on the river: 33% (one bluff for every two value bets). Many people play poker and there are many different strategies for winning. The odds of winning the Mega Millions jackpot are one in 302. Ideally, you want to avoid all situations where you have a negative expectation. Two important concepts that every serious poker player should understand are pot odds and expected value. 20%, the casino will on average pay out . You can’t win the pot pre-flop by open limping. Keep in mind that the size of the total pot includes the bet(s) made in the current round. 💡 There are a specific. Comparing the odds of winning to the pot odds is how you can estimate your expected value. Many people play poker and there are many different strategies for winning. - Hammer the poker opposition before the flop & on the flop- Determine when the poker pot odds are juiciest- Isolate weak poker playersImplied pot odds basically refers to the amount of money you expect to win in a later street. However, the payoff odds are 50:5 ($50 won for a $5 bet), which can be reduced to 10:1, and 10:1 is twice as large as 5:1. A spread bet in football is normally offered at -110 on both sides of the bet. Good-quality flowers are often a. Implied odds are an extension of pot odds. 0,25 × 100 = 25%. It costs you $10 to call, so your pot odds are 11-to-1. 5 million, according to the lottery game, while Powerball's odds are one in 292. This would be 4 to 1 for the underdog. 50. 76 to get $100 back. The probability of being dealt a pair in Texas Hold’em is 5. So, the side pot is now $760, and it is played only between Player A and B. In poker, the pot odds are easiest explained as the ratio between the size of the pot – This includes all the bets and raises up to and including the current betting round – and the size of the bet you are facing. Understanding Pot Odds and Equity in Texas Holdem. consumer It's hierarchical. Overall chances of winning any prize: 1 in 24 * In California, all prizes are pari-mutuel, meaning payouts are based on sales and the number of winners. Pot Odds Explained Pot odds simply refers to a mathematical calculation the measures the risks vs the rewards based on probability. And for all examples, unless otherwise noted, Texas Hold'em is the poker game being played. 5%) AK = 16 combinations (57%) There are more AK hands in a range of [AA, KK, AK] than there are AA and KK hands combined.