Quote Originally Posted by MadMojoMonkey View Post
Implied odds equation: (odds)*(bet) - (pot) < (ESS)
ESS is effective stack size, but it's misleading. You don't necessarily expect all villains to stack off on you when you catch your set. ESS in this equation is really how much you can expect villains to call.

Odds of flopping a set when you start w/ a pocket pair are 7.51:1. (I round it up to 8, but that's my choice to err on the side of caution, you seem to be rounding it to 15, which is extremely conservative in my view)

1st call: odds = 8:1 = 8/1 = 8 ; bet = 0.16 ; pot = .02 + .04 + .16 = 0.22
8*0.16 - 0.22 ?<? 3.5 ----> 1.06 < 3.5 TRUE
You can make the call with implied odds, as long as you can get $1.06 more into the pot before you win (that's $1.06 that does NOT include your bets, i.e. $1.06 from villains).

2nd call: odds = 8 ; bet = .50 - .16 = .34 ; pot = .02 + .04 + .16 + .16 + .48 + .34 = 1.20
8*0.34 - 1.2 ?<? 3.5 ----> 2.70 < 3.5 TRUE
You can make the call with implied odds, as long as you can get $2.70 more into the pot before you win (same caveat).

As you can see here, the amount you need to get into the pot to justify a pot odds call is not dependent on the number of villains. You don't need to get that amount from each of them, you just need to get that total.
Oh no I am not rounding anything to 15 lol the math is still over my head... I had just read on here in a thread about a simple rule to 15x the amount of the bet and if it was less than eff. stacks then you could profitably setmine... do you see an issue with this strategy?