Quote Originally Posted by Percival
I now remember reading this before. My new question is (bear with me as I have so many lol), what would good odds be? 2:1, 3:1, 4:1???
It depends. Good odds are odds that will show a long term profit.

If your villain is a calling station and will never fold, betting as a bluff with 9:1 pot odds is terrible, because he won't fold the ~10% of the time you need to show a profit.

If your opponent is nitty-tight post flop and won't play unless he has TP or an overpair, then bluffing at a pot offering 2:1 odds will be profitable because he will fold >50% of the time.

So, if you have a 1:3 chance to win, the pot has to offer 3:1 for you to break even, 4:1 will show a profit, 2:1 will show a loss.