pot odds and implied odds - simple question or two

main questions in bold below, and spot the mistakes from this fish (me)

Originally Posted by Fieldsy

my biggest downfall is still chasing flushes and straights. If I can fix that problem I will make a lot more money.

Originally Posted by daven

1) fold pre
2) stop dreaming about implied odds, make calls based on pot odds. If you need a hand on that - irc

Originally Posted by jyms

start reading a lot more about pot odds, the 2-4 rule and preflop play and you will know when you can call and chase and when you can't. watch some of the vids here on FTR and see how others play. Go to IRC and get a free sweat from someone who knows way more than you. Stop posting and start reading a ton around here.

Originally Posted by Fieldsy

Okay let me see if I get this (2-4 rule)

Heads up, pot is 2 bucks, other guy bets 1 and I am on an open ended straight draw (after flop).

If I called then my pot odds would be 1/4 (25%) and the percentage of hitting my straight on the turn would be 8x2 (16%) so I should fold?

Originally Posted by daven

fyp = fixed your post

your example is perfect. Now, how much extra money would you have to get out of him if you hit for the call to start showing a profit (this is the implied odds thing that people have a tendency to overestimate). Give it a go, if you get it wrong someone will correct it.

Also, note how this changes if his bet of $1 had put him all in. In white below (highlight it to read), but figure it out for yourself first.

it would mean your pot odds would be 1/4 (still) but you would have two chances of hitting your straight (turn and river) so your odds of hitting would be about 8x2x2 = 32%. As 32 > 25, it's then a call

Originally Posted by Fieldsy

first question I have no idea honestly. I would guess that I had to make that 9% up since it was 25% to 16%? Might sound dumb

2nd question...I'd easily call since that would be the last bet to make...making my % higher.

note:
http://www.flopturnriver.com/pokerfo...ws-173190.html