Poker Dictionary
Tuesday, May 21, 2024
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Edge Odds

  1. Noun

    An measure of a given player's overall advantage or disadvantage as compared to a particular group of one's prior opponents; the ratio or percentage of a player's average winnings with a particular group compared to the average largest win of that group for a given number of game sessions.

    ADDITIONAL INFORMATION: Example: Five people play in a weekly home game. Sometimes they're fairly even, and sometimes one of them wins significantly more than the others. On average, the biggest winner is up $50 at the end of the session. Player A has both winning and losing sessions and is sometimes even the biggest winner of the night, but on average is up about $20 each session. The $20 is 40% of the $50 average biggest win, so Player A's edge odds are 40%.

    EXAMPLE: "Edge odds can be a helpful measure for guaging whether a game is balanced over time."

    APPLIES TO: Online and Land-based Venues

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