Quote Originally Posted by potdragn
i guess i dont understand pot odds, but I just dont get it when someone says "well im getting 2:1 on my money for the nuts!". First of all, 2:1 is pretty much the least you can get, ie one other guy playing with you, right? Secondly, if you only win that 30% of the time (against the straight withot any hearts its over 36%, but against a set of 9s on that board, A2h is less than 25%) but play for stacks, how is that correct (how many nut straights or sets fold to an all in push here?)? In the long term that seems a loser. If you add players C and D calling, the odds to call are obviously through the roof. or am i misunderstanding?
If you're getting paid 2-to-1 to hit the stonecold nuts - that means that if you have better than a 1 in 3 chance of hitting the stonecold nuts, it is a good bet.

If you get paid 3 to 1 on something that has a 35% chance of winning - you will be making a good bet (and should therefore call). If you play that hand 100000 times. You will have made a profit by the end.

This is only for cash game tho. In a tourney more factors come into play.