GlossaryOdds and value

Pot odds

The ratio of the pot to the price of a call, such as 3:1.

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What it means
Pot odds express the price of a call as a ratio of what you can win to what you must pay.
How it is calculated
Pot odds = pot before the call : cost of the call. They convert to required equity as cost ÷ (pot + cost).
Worked example
The pot is 30bb and you must call 10bb, so you are getting 30:10, or 3:1. That converts to needing 25% equity.
Why it matters
Pot odds are the quickest way to price a call at the table, and the feedback line quotes them whenever a call is involved.

Try it: Poker math, Free lesson: the call that loses and still pays, Pot odds calculator, Outs calculator, Printable cheat sheet

Lessons that teach it: The call that loses and still pays (free), Work out the price of a call, What must the next street add? · lessons other than the free one need an invite

See also: Required equity, Equity