Pot Odds vs Implied Odds: What Changes When You Call
Pot odds and implied odds answer two different questions about the same call. Pot odds ask what the call costs right now. Implied odds ask what the call costs once you count the chips you can still win on later streets. Treating them as two versions of the same number is the source of most confusion. If either term is unfamiliar, what pot odds mean covers the first one from scratch. They are not competing estimates. One is a floor and the other is a projection. ...