Thread: Comparing odds.
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Greedo017
Old 06-28-2006, 08:51 AM #2 (permalink)  
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my teacher just explained this to us the other day for a totally unrelated purpose but it works here. hope its clear.

think of it in parts, the smaller number being one part
47/12 = 4 = 1 part
47/35= 12 = 3 parts

so, 35 is 3 parts, 12 is 1 part, so 3:1.


I think an easier way to think of it is this. You have 12 outs. 12 x 2 + fudging a little is 25%. So you are going to win this pot 25% of the time and lose it 75% of the time. so, 25% is 1 part, 75% is 3 parts, 3:1.

if you don't think that's true or can't take it on intuition alone, consider it this way. 25% to win, 75% to lose. If you ran this hand 4 times, with the expected 3 wins and 1 loss, what does the pot need to be to break even? Let's say the pot is 300 and you need to call 100. 4 run throughs of calling. you spent 400 dollars calling those 4 times. you won once, and got the 300+100 so 400 dollar pot, and you've just broken even.
i betcha that i got something you ain't got, that's called courage, it don't come from no liquor bottle, it ain't scotch
 
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