Gambling terms, explained straight

Poker

Pot odds poker

Pot odds compare the size of the pot to the cost of a call, helping a player decide whether the potential reward justifies the risk.

Formula
Pot size divided by call cost gives the ratio.1
Example
Calling $10 to win a $40 pot gives pot odds of 4-to-1.2

Key points

  • Compare pot odds to the odds of completing a drawing hand to decide whether to call or fold.1
  • If the chance of winning is better than the pot odds offered, calling can have positive expectation.3

Common questions

How to calculate pot odds poker?

Divide the current pot size by the cost of the call. For example, if the pot is $40 and the call costs $10, the pot odds are 4-to-1.2

Where this term is used

Sources

  1. Pot odds en.wikipedia.org Defines pot odds and explains the ratio.
  2. Poker strategy en.wikipedia.org Provides the example of 4-to-1 pot odds.
  3. Draw (poker) en.wikipedia.org Explains comparing pot odds to drawing odds.

Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.