


01. STRATEGIES INTRODUCTION
02. LIMIT AND NO LIMIT HOLDEM
03. CHOOSING TABLE
04. POSITION AND STARTING HANDS
05. POT ODDS - IMPLIED POT ODDS
06. COUNTING OUTS
07. BETTING
08. SLOWPLAYING
09. BANKROLL MANAGEMENT
10. TYPES OF PLAYERS
11. TOURNAMENT PLAY
12. PLAYER CHARACTERISTICS
START
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In order to correctly assess the value of the pot odds you are getting, you must know how many outs you have. An out is a card on the flop, turn or river that will improve your hand, enabling you to win the pot. If you can win a pot only if you catch the flush draw you have nine outs, assuming that four of the suited cards you need are out, as there are 13 cards of each suit. If you have an open-ended straight draw, there are eight cards that help you, i.e. eight outs. Every out roughly gives you a 2.2% chance of improving your hand, as there are 46 unknown cards left in the deck after the turn, and 1 in 46 approximates 2.2% (46/100=2,173).
....... 
If you have an open-ended straight draw on the turn, you have a 2.2*8=17.6% chance of catching the straight (in reality slightly lower, 17.384%, but if you need to quickly calculate your odds, 2.2% per card is near enough). However, on the flop you should not just double that percentage for catching your draw, which many people do. If you double 17.6%, you could be forgiven for thinking your chance is 35.2% to catch the straight after the flop, when, in actual fact, the chance is 31.5%. This is because when you deal the turn, there are 47 unknown cards left, not 46. Therefore, make a habit of slightly adjusting the odds downwards when there are two cards left to see. The best thing is to learn the odds for all draws by heart, so you do not have to calculate them when in a pot.
If you have: |
Percentage chance of hitting with two cards left |
Odds for hitting with two cards left |
Percentage chance of hitting with one card left |
Odds for hitting with one card left |
| One out (four-of-a-kind) | 4.4% |
22.4-1 |
2.2% |
45-1 |
| Two outs (three-of-a-kind) | 8.4% |
10.9-1 |
4.3% |
22.3-1 |
| Three outs | 12.5% |
7-1 |
6.5% |
14.4-1 |
| Four outs (gut-shot straight draw) | 16.5% |
5.1-1 |
8.7% |
10.5-1 |
| Five outs | 20.3% |
3.9-1 |
10.9% |
8.2-1 |
| Six outs | 24.1% |
3.1-1 |
13% |
6.7-1 |
| Seven outs | 27.8% |
2.6-1 |
15.2% |
5.6-1 |
| Eight outs (open-ended straight draw) | 31.5% |
2.2-1 |
17.4% |
4.7-1 |
| Nine outs (flush draw) | 35% |
1.9-1 |
19.6% |
4.1-1 |
| Ten outs (full house and four-of-a-kind) | 38.4% |
1.6-1 |
21.7% |
3.6-1 |
| Eleven outs | 41.7% |
1.4-1 |
24% |
3.2-1 |
| Twelve outs | 45% |
1.2-1 |
26.1% |
2.8-1 |
| Thirteen outs | 48.1% |
1.1-1 |
28.3% |
2.5-1 |
| Fourteen outs | 51.2% |
0.95-1 |
30.4% |
2.3-1 |
| Fifteen outs (open-ended straight and flush draw) | 54.1% |
0.85-1 |
32.6% |
2.1-1 |
| Sixteen outs | 57% |
0.75-1 |
34.3% |
1.9-1 |
| Seventeen outs | 59.8% |
0.67-1 |
37% |
1.7-1 |
| Eighteen outs | 62.4% |
0.6-1 |
39.1% |
1.6-1 |
| Nineteen outs | 65% |
0.54-1 |
41.3% |
1.4-1 |
| Twenty outs | 67% |
0.48-1 |
43.5% |
1.3-1 |
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