Short Stack Strategy: Odds & Outs

Strategy: No Limit

In this Video

► What cards will help you?

► Learning to weigh risk against reward

► Not every helpful card really is helpful

► Outs

► Odds

► Pot odds

Outs – What cards will help me?

► Example A

► Example B

► Your outs

► Your outs

Outs – More Examples

► Flush draw9 outs

► OESD8 outs

► Two overcards6 outs

► A pair with a chance of a 3oak / 2 pairs5 outs

► Gutshot4 outs

Odds – What Probability does the Draw have?

► Example A

► Odds = unhelpful cards: helpful cards

► Unhelpful cards = unknown cards – helpful cards

► Flop/turn odds = (47 – outs) : outs

Outs and Odds

Outs Flop/

Turn Odds (1 Card)Flop/

River Odds (2 Cards)Examples

1 46:1 22.5:1 Backdoor –flush draw (two cards of one suit on the turn and river)

2 22.5:1 11:1 Turn pocket pair into 3oak

3 15:1 7:1  

4 11:1 5:1 Gutshot

5 8:1 4:1 Turn one pair into 3oak or two pairs

6 7:1 3:1  Two overcards

7 6:1 2.5:1  One overcard + gutshot

8 5:1 2:1OESD

9 4:1 2:1 Flush draw

10 3.5:1 1.5:1  2 overcards + gutshot

11 3.5:1 1.5:1  

12 3:1 1:1 Flush draw gutshot

13 2.5:1 1:1 OESD and one pair

14 2.5:1 1:1 Flush draw and one pair

15 2:1 1:1 Flush draw and OESD

Pot Odds – Can I play my Hand profitably?

► Example A

► Pot before opponent’s bet: $10► Opponent’s bet: $2► Possible profit for you: $12► Bet you have to place for this: $2

► Pot odds = possible profit : bet to be placed

► If the pot odds are better than the odds of an incomplete hand, one will make long-term profit. If they are worse, one will make long-term loss.

Discounted / Modified Outs

► Example A

► Opponents

► Your Outs

► Your discounted outs

► Opponent

► Your discounted outs

Conclusion

► Odds

Unhelpful cards: Helpful cards

► Pot odds

Possible profit: Bet

► When is it profitable to play a draw?

Good Luck!