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Pokerholdem.com: Texas Holdem Poker Strategies

Implied Odds

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Implied Odds

When we talk about implied odds we are referring to the pot odds extension that will tell you if you should call or not when you are playing a drawing hand and you face a raise. In particular, implied odds of a poker hand let you know how much you can expect to win if you complete the draw.

  • If you expect to win a lot more money from the other player after you complete your draw, this means that your implied odds are good.
  • If you think that you will not have chances of getting any more money from the other player on future betting rounds, this means you have small or no implied odds.

With implied odds you know how much money you expect to win after you make your draw.

Differences between implied odds and pot odds

There are no simple mathematical rules to calculate your implied odds in poker Texas Hold'em, as opposed to pot odds. However, you can determine how much you need to need from the rest of the hand in order for calling to be profitable and we will explain it later in the article.

To figure out implied odds, you need to estimate them by understanding both your opponent and the situation. As a result, it will be easier for you to determine your implied odds during a hand when you have spent some time playing the game.

The more you play poker, the easier it will be for you how to estimate accurately your implied odds in drawing hands.

On the other hand, if you don't have much experience in the game and you come across implied odds for the first time, here are two situations that will serve as good examples:

  • Having good implied odds
  • Having little or no implied odds.

Good implied odds example

You have:

carta1 carta2

Flop:

carta3 carta4carta5

In this poker hand you are holding an open ended straight draw and if you face a bet then you have good implied odds since if you complete your straight you are likely to win more money from your opponents on future betting rounds. This will happen because the other player will find it difficult to determine how strong your hand is.

Poor implied odds example

You:

carta6carta7

Flop:

carta8carta9carta10

In this situation you also have an open ended straight draw but the difference is that your implied odds are much worse since if you don't complete your straight when the Ace or the 9 come out, the other poker player will find the board too scary because it's obvious that somebody could easily make a straight. Unless your opponents hold a straight too, your chances of getting much more money from them are low.

As a general rule, the more hidden your hand is the better your implied odds will be.

Ways in which implied odds affect your game

Implied odds are great because they have an indirect effect against your pot odds. If you expect to win more money from your opponents on future betting rounds, you are able to call even when you are not getting the right pot odds to call from your opponent.

Suppose you have the nut straight draw and 5:1 odds of completing the hand with the next card. If your opponent bets $25 and makes the pot $100, then you have 4:1 odds to call. Based only on pot odds, you should not call but good implied odds justify the call. This happens because you'll win more money if you complete the draw than if you fold.

These are the basic rules of implied odds:

  • When your implied odds are good, you can afford to call even when you don't have the correct pot odds.
  • When you have low or no implied odds, you should base your decision on the pot odds.

How to calculate implied odds

You can't calculate how much money you are going to win based on implied odds but you can estimate how much you need to win in order for calling to be profitable in a very simple way.

All you need to do is to subtract your pot odds from the odds of making your draw in order to calculate your required implied odds.

You'll obtain a new ratio that you can compare with the amount you have to call in order to determine how much money you need to win from the other poker hold'em player later on in the hand in order for the call to be profitable (or break even).

Implied odds calculation example

Suppose you have a flush draw and the other player bets $10 into a $10 pot. You'll have to call $10 to win a $20 pot.

Odds of making your draw: 4.2:1.

Pot odds: 2:1.

Draw odds - pot odds = 2.2:1.

This means your required implied odds ratio is 2.2:1. As a result, if you multiply 2.2 by the $10 bet you have to call, the result is $22.

For that reason, in order for the $10 call with your flush draw to be a break-even play at worst, you'll have to win $22 from the other player during the rest of the hand.

Implied odds evaluation

Implied odds will help you decide whether to call a bet or not once you have calculated the pot odds. Good implied odds justify calling when you don't have the correct odds to call a bet and complete your draw. When you estimate you have little or no implied odds at all, then you should base your decision on pot odds.

Note that you have no implied odds when your opponent goes all-in since, unless other player is in the pot, there will be no further betting on future rounds. Be cautious with calling large raises because the implied odds you get may not cover the amount you need to call to complete your draw. The more poker you play, the better you wil

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