poker odds

[DavidAames 0]

Hi everyone. I need to learn how to calculate implied odds etc for a job interview. I am trying to be an options trader, and I was told that I may be asked about odds and the life. Can anyone show me this, or direct me to a great website? Thanks.Ed

[Royal_Tour 0]

Hi everyone. I need to learn how to calculate implied odds etc for a job interview. I am trying to be an options trader, and I was told that I may be asked about odds and the life. Can anyone show me this, or direct me to a great website? Thanks.Ed

buy low sell high.

[Kendren 1]

buy low sell high.

One word.Plastics.

[JaysonWeber 0]

Did you by any chance... do this?1. Open up Internet Explorer (better known as.. the floating blue "e" on the desktop.2. Type in www.google.com3. In the little box, Type in "Implied Odds"4. Click on a website that looks of interest.5. Repeat step 4.Sorry.. A Little ornery this morning.

[bdc30 0]

Sorry.. A Little ornery this morning

What does time of day have to do with it?? lol

[JacKingOff_suit 0]

Hi everyone.  I need to learn how to calculate implied odds etc for a job interview.  I am trying to be an options trader, and I was told that I may be asked about odds and the life.  Can anyone show me this, or direct me to a great website?  Thanks.Ed

If you can't figure it out on your own, quit the job interview, you are not good for it.

[dEv~ 19]

note to self...don't ask a question in the strategy forum...these people will make me bend over and grab my ankles.

[JaysonWeber 0]

note to self...don't ask a question in the strategy forum...these people will make me bend over and grab my ankles.

That's just the warm ups... You don't wanna know why we make you warm up, but you'll know... oh yeah you'll know..

[DavidAames 0]

Like I said, I am sorry for being curious. I have little or no knowledge on caculating odds. I did realize that people who would reply to my simple question would suck at life. Exscuse me, I should go commit ritual suicide because i wasteed a bunch of poker nerd's time. My fault. I will now commence to stab myself in the belly and make an L shape in my stomach. Jesus christ

[mk 11]

google David Sklansky.

[Royal_Tour 0]

Like I said, I am sorry for being curious. I have little or no knowledge on caculating odds. I did realize that people who would reply to my simple question would suck at life. Exscuse me, I should go commit ritual suicide because i wasteed a bunch of poker nerd's time. My fault. I will now commence to stab myself in the belly and make an L shape in my stomach. Jesus christ

what do u want from us?you want a defintion of implied odds??. you can find that on google in 30 seconds., ready???Implied odds (and reverse implied odds) are based on the possibility of winning (or losing) more money later in the hand. They consider the situation after the next cards have been dealt and explain situations where things are better (or worse) than pot odds make them seem. Put another way, implied odds is the ratio between the amount you expect to win when you make your hand (more than what is in the pot) versus the amount it will cost to continue playing. In contrast, reverse implied odds is the ratio between the amount in the pot (what you win if your opponent does not make their hand) versus what it will cost you to play until the end of the hand. One of the major factors behind considering implied odds is how hidden your hand is (how uncertain your opponent is of your hand); another is the size of future bets. For the latter reason, implied odds become more important in no-limit and pot-limit games than in fixed-limit games.As an example of implied odds, consider that at the turn there is $12 in the pot, it is $4 to call (pot odds 3-to-1), hitting your hand means you very likely will win, and additionally your opponent is likely play to the showdown. If you miss you will simply fold (costing $4). If you hit you can expect to make an extra bet of $4 from your opponent, winning $16 total so your implied pot odds are 4-to-1.For reverse implied odds, consider that you have a strong hand but little chance of improving and your opponent has a chance of improving to a hand stronger than yours, or possibly already has a hand stronger than yours (they have been betting and you are not sure if they are bluffing) - essentially a situation where you are not certain that you have the best hand. Say it is the turn and there is $12 in the pot and it is $4 to call (pot odds 3-to-1). If your opponent has a weak hand or misses their card they may stop betting in which case you would only win $12 (it costs $4 to find out you are winning). Otherwise, you have committed to playing to the end of the hand in which case it would cost you $8 to find out you are losing (pot odds 3-to-2). There are many variations to this scenario. The essential idea is that reverse implied odds should be considered when you are not certain you have the best hand; it will cost more in future betting rounds to discover this.