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LAST UPDATED: 02 Nov, 2022 216 PEOPLE USED
Like implied odds , reverse implied odds are an extension of the concept of pot odds . Reverse implied odds are (obviously) the exact opposite of implied odds , which refer to the amount of money you may win on future streets after calling a bet. Let’s run through a quick example of each to cement your understanding.
https://upswingpoker.com/reverse-implied-odds/How do implied odds work? Imagine you’re playing a $1/$2 cash game and you have K ♥️ Q ♥️ on the turn in position. The board is A ♥️ 6 ♦️ 2♠️ 9 ♥️ — giving you the nut flush draw — and your opponent bets $15 into a $20 pot.. A quick pot odds calculation ($15 to call / ($15 bet + $20 pot + $15 call) = 0.3) shows that you need more than 30% equity to ...
https://upswingpoker.com/implied-odds-poker-strategy/Fractional odds, widely used in the United Kingdom, show you how much you will profit on your stake should you win. For example, if you see odds of 6/1, this means you will make a $600 profit after having staked $100. What Are Implied Odds/Implied Probability? Finally, implied odds are simply the implied probability of winning.
If you want to use maths instead of an odds converter, you can convert Minus American odds to their implied probability using the following equation: Probability = Odds / (Odds +100) If we are betting on the Red Sox at odds of -150, we convert these odds to their implied probability as follows: Probability = 150 / (150 +100)
If you want to use maths instead of an odds converter, you can convert Fractional odds to their implied probability using the following equation: e.g. if you are betting on the New York Knicks with fractional odds of 5/2, you will calculate the probability as follows: Probability = 0.2857 (i.e 28.57%)
You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. You can also convert to and from Implied Probability. Just enter a value in any one of the fields and the value will be automatically converted to other formats.
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