Poker Dictionary
Tuesday, May 21, 2024
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  1. Noun

    A comparison of the likelihood of one event either to the total range of possibilities or to the likelihood of another event.

    EXAMPLE: "My odds of winning the hand were good, so I decided to raise."

    APPLIES TO: Online and Land-based Venues

  2. Noun

    Ratio; a comparison of one number to another number without reference to the occurrence of events.

    ADDITIONAL INFORMATION: Example: Pot odds and edge odds are both numeric comparisons, but the resulting odds are a measure of existing conditions and not of future occurrences. While requiring a modifier indicating the type of comparison, the modifier can sometimes be implied rather than stated explicitly.

    EXAMPLE: "The action was on me. There was $14 in the pot and only $1 to call, so the [pot] odds made it worth calling with my straight draw."

    APPLIES TO: Online and Land-based Venues

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