[dovla]

i just recieved my two books of harrington's NL Tournament strategy. i started to read it, but i'm really confused about odds calculation by american and english way.

can anyone help me how to convert 4to1 or 5to2 or 13to6 odds into european format (i saw that odds format on some english betting sites, and i still can't understand it).. or to explain me what those odds mean and how are they calculated..

thx

[Lytspeed]

Originally Posted by dovla

can anyone help me how to convert 4to1 or 5to2 or 13to6 odds into european format

Hi Dovla,

I'm not sure what "European format" would be, unless it's just percentages. If it's percentages, it's pretty easy; 4 to 1 odds would be the same as 20% (4 to 1 is the same as one chance in 5, and 1/5*100 = 20%).

Does that make sense?

[dovla]

Originally Posted by Lytspeed

Hi Dovla,

I'm not sure what "European format" would be, unless it's just percentages. If it's percentages, it's pretty easy; 4 to 1 odds would be the same as 20% (4 to 1 is the same as one chance in 5, and 1/5*100 = 20%).

Does that make sense?

?!?!?!?! you now confused me more.. how 4 to 1 can be one chance in 5 ?!
as i'm trying to understand you wanted to say that 5 to 1 is 20% and with that calculation 4 to 1 is 25%.. uh.. if i'm right

but what is 5-2 then?! really hard for me to adjust to these odds but i must.. (we use decimals here.. like 1.25 i think that is 4-1 or 1-4 .. i mean if you put 10$ on 1.25 odd your winnings will be 2.5$)

[Lytspeed]

Originally Posted by dovla

?!?!?!?! you now confused me more.. how 4 to 1 can be one chance in 5 ?!

Another way to look at it would be 4 to 1 against winning. Out of a total of 5 chances, you only have one chance to win. The 20% comes from the fact that there are a total of 5 chances, and only 1 is a possible winner. 4 are not, hence 4 to 1 against.

Originally Posted by dovla

but what is 5-2 then?!

In this case, the total odds are 7, with only two chances to win. 2/7*100= 28.57% chance of winning.

Sorry if I'm making this more confusing than helping.

[Lytspeed]

Dovla,

Elon05 made a great post a while back, with simple rules for calculating ballpark pot odds. Maybe this will help.

Clicky

[BBP Guru]

Lytspeed is right. 4 to 1 is 20% Probability and 1 in 5 chances.

There's a really cool tool available online: Texas Holdem Poker - Odds Explanation that'll calculate the odds for any x to y odds.

Update: Actually the calculator is here: Texas Holdem Poker - Odds Converter

[money_maker]

There are some cool videos on google video and you tube with Phil Gordan that help you work out poker odds. The videos show where to mke a calculated call and how to work out if your getting value for money.

Heres the link
Final Table Poker with Phil Gordon - Learn to Calculate Outs & Pot Odds - Google Video

This one shows a series of short clips that help improve you =r overall game and they give expert tips from once again Phil Gordan. Use the videos in the side bar aswel.

YouTube - Expert Insight Poker Tip: Pre-Flop Match-ups Part 1

[dovla]

Originally Posted by Lytspeed

Dovla,

Elon05 made a great post a while back, with simple rules for calculating ballpark pot odds. Maybe this will help.

Clicky

yeah.. this elon post really helped me to understand.. i'm still figthing to get into this but when i calculate outs and multiple x 2 (for turn and x4 to river) i get percents.. and it's still easier that way for me..

those harrington books are masterpiece, but when i changed my play style (not too much but i'm sure i'm making 50% less mistakes) i started to suffer the biggest bad beat series at my poker career (from last 20 tournaments i played - and i played for higher stakes than i did before, i was sucked really hard in 19, and in one i lost huge pot with higher flush (that was the only exception)) .. but i hope this will end and i will start earning some money