- Texas Holdem Equity Calculator
- How To Calculate Your Equity Poker
- How To Calculate Poker Equity Preflop
- How To Calculate Equity In Poker
I’m always asked how to calculate poker pot odds.
As a result, I decided to write the definitive guide on how to calculate poker pot odds, which comes complete with my pot odds chart and cheat sheet that you can download for free.
This poker pot odds cheat sheet will make it extremely easy for you to memorize the most common scenarios you will face while playing poker.
A fold equity calculator is a powerful tool that you can use to see how often your opponent must fold when you are shoving your stack. Before you go all-in with your next semi-bluff, or go all-in preflop with a bluff, use this tool to make sure your play is +EV! Equity in poker is the share of the pot that is yours based on the odds that you will win the pot at that point in play. Equity changes after each street – pre-flop, flop, turn and river. The strategy around poker equity is pretty simple. If you feel you have more equity in the pot than your opponent (i.e. Poker: Pot Odds and Equity: OverviewThis instructable will cover the concepts of pot odds and equity and one of the ways you can use them to improve your poker game. These concepts are applied to gain insight to a given hand using information like pot size and number of outs.
Nearly every poker decision revolves around the equity of hand ranges. In fact, if you don’t gain a relative understanding of how to calculate equities while you play, you will be at a severe disadvantage and often completely lost during a poker hand. For example, it’s virtually impossible to know whether any call should be made without.
What Are Poker Pot Odds?
First and foremost, we must define pot odds: Pot odds are simply the ratio of the amount currently in the pot compared to the amount of money you must pay, in order to make the call.
For example, let’s say you are playing in a $1/$3 NL game, and there is $500 in the pot (including the opponent’s wager), and you must pay $250 to call.
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Your pot odds are $500:$250 or 2:1.
If there was $750 in the pot instead of $500, your pot odds would be $750:$250 or 3:1.
How to Calculate Poker Pot Odds
Pot odds are usually expressed as a ratio; however, I have always calculated pot odds in percentages, because I found it to be easier to understand.
Percentages are easier to compare, and it seems more straight forward using percentages. To calculate the percentage, simply take the number representing your share (the right number) and divide it by the sum of both numbers.
If your pot odds are 2:1, the percentage would be 1 divided by 2+1, or 1/3 giving you 33% pot odds.
Here are some more examples…
2 to 1 against = 1 out of every 3 times = 33%
3 to 1 against = 1 out of every 4 times = 25%
4 to 1 against = 1 out of every 5 times = 20%
5 to 1 against = 1 out of every 6 times = 16.7 %
Use this poker pot odds chart as a shortcut to always remember how to calculate poker pot odds.
How to Calculate Poker Pot Odds Cheat Sheet
Use this poker pot odds chart just like you would a multiplication chart (remember those from high school?) and commit the most common scenarios to memory so you can easily calculate your pot odds when facing a bet in real time.
Now that you know how to calculate poker pot odds, you need to figure out your equity, or your chance of winning.
The Rule of Four and Two for Calculating Poker Pot Odds
The easiest way to get your equity is to remember this simple rule:
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On the flop, multiply your outs by four.
On the turn, multiply your outs by two.
On the turn, multiply your outs by two.
This means that when you have a flush draw (nine outs) with two cards to come, you have a 36% chance of making a flush.
With one card to come, on then turn, your equity would be 9 outs x 2 or 18%.
Additionally, if you have a backdoor flush draw or a backdoor open-ended straight draw, you can add one additional out for each backdoor draw you have.
For hands on the flop with a number of outs greater than 8, the above shortcut will be slightly off; therefore, a more accurate hack is as follows:
Equity = (Number of Outs x 4) – (Number of outs – 8)
For example, your equity with an open-ended straight flush draw (15 outs), your equity would be as follows:
Equity = (15×4) – (15-8) = 53%*
* If instead of using this formula, you used former one, your equity would be 15×4 = 60%, which is 7% higher than the latter formula.
How to Use PokerPot Odds to Make Decisions
When facing a bet on the flop, there are two situations you may encounter.
The first situation is when you know that you will see the turn and the river for the price of the bet you are facing. This happens when you are either all-in to call the bet, or your opponent is all-in with his bet. It may also happen if you’re very likely your opponent will check the turn if you call his bet on the flop (although this is quite hard to predict).
If you want to know how to calculate poker pot odds in this situation, you can simply multiply your outs by 4 to determine your total equity, and then weigh that against the price you’re getting.
In a scenario in which there is more money behind, and you may have to face another bet on the turn, you’ll multiply your outs by two, based on the assumption that, by calling a bet on the flop, you’re only guaranteeing yourself to see one additional card.
For example, let’s say you are playing in a $2/$5 NL game, and you have JcTc in the cutoff.
The villain opens in early position to $25, you made the call and go heads up to the flop.
You and your opponent both have $200 total at the beginning of the hand (for the sake of easy math, we won’t include the blinds in the pot for this example).
Texas Holdem Equity Calculator
With a pot of $50 the flop comes down: 2c 6c 9h, and your opponent bets $25.
Assuming your only live outs are clubs (which may not be the case), you need to calculate that you have 9 outs x 2 = 18% chance of making your flush on the turn.
Thus, you need to call $25 to win $75 (Villain’s bet of $25 plus the $50 which is already in the pot). Hence, you are getting 3:1 odds on your call.
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Using the poker pot odds chart, we know that 3:1 is equivalent to 25% equity. Gambling winnings self employment tax.
This can be confirmed by adding up the total pot going into the turn, including your call. Then simply take the amount you have to call and divide it by the total pot ($25 divided by $100, which makes 0.25, or 25%).
As you can see, we are not getting the correct odds to call, relying solely on the true pot odds, since we only have roughly 20% to hit our flush.
Long term, then, we will be losing money in this situation, unless we either have more dead money in the pot already, or we’re able to use implied odds, which we will cover shortly.
Let’s take a look at this same situation but facing a check-raise instead. We have JcTc again, but this time it is checked to us on the flop. Consequently, we decide to take over the initiative here and semi-bluff our flush draw, betting $25 into the pot of $50.
To our surprise, the villain check-raises us to $50! Now the situation is much different. There is $50 in the existing pot, plus our bet of $25, plus our opponent’s bet of $50. Therefore we have to call $25, to win $125 (50+50+25). Our pot odds are 5:1, which we know is equivalent to 16.7% equity.
We can confirm this by taking our $25 outstanding to call and dividing it by the total pot, including our call going into the river, which is $150 ($25/$150) = 16.7%.
Now we are getting the correct, direct pot odds to make the call because we only need 16.7%, and we have roughly 20% chance to hit our flush on the turn! Therefore, we should continue playing our hand.
How to Calculate Poker Pot Odds and Implied Odds Strategy Video
Here’s another example of knowing how to calculate poker pot odds can help you make the right decision on the river.
You’re playing $2/$5 NL, and you open to $20 in mid position with 99. Your opponent calls on the button, and you go heads up to the flop.
The flop comes down: 9c 8c 4s. With a pot of $47, you proceed to bet $30, and your opponent calls.
With a pot of $107, on a 2s turn, you bet $70, and your opponent calls again.
The river comes a brutal Qc, completing both the flush and straight, so you decide to check. With a pot of roughly $250, your opponent bets $175, and you find yourself in a difficult spot.
You need to call $175 to win a total of roughly $600, so you need to quickly divide $175 into $600, which is roughly 30%.
(To get that percentage you divide $600 by $175 which is roughly 3.5. Then 1/(3.5+1) = 1.4.5.
(To get that percentage you divide $600 by $175 which is roughly 3.5. Then 1/(3.5+1) = 1.4.5.
Since you’ve memorized the poker pot odds charts above, you know that 1/4.5 is somewhere between 1/4 (25%) and 1/5 (20%), therefore you can round it to 22%.
You can use this poker pot odds chart below as a guideline to help you memorize the most common scenarios you will inevitably face.
How To Calculate Your Equity Poker
Poker Pot Odds Chart with Equity
How To Calculate Poker Equity Preflop
Pot Odds Equity
1/2 50%
1/2.5 40%
1/3 33%
1/3.5 30%
1/4 25%
1/4.5 22%
1/5 20%
1/6 16%
1/10 10%
1/2 50%
1/2.5 40%
1/3 33%
1/3.5 30%
1/4 25%
1/4.5 22%
1/5 20%
1/6 16%
1/10 10%
You determine that by running these calculations, you only have to be right 22% of the time to make this a profitable call. You can then make the decision to call or fold based on your hand strength, what you know about your opponent, how likely he is to turn a hand into a bluff and his current mood.
How To Calculate Equity In Poker
For a complete resource on mastering hand reading and correctly putting your opponent on a hand range, check out our Mini Course: Hand Reading Foundation, part of our Membership Program at Conscious Poker.