View Single Post
Old 15-04-2008, 21:25   #5 (permalink)
Samba_SamPa
Legendary Punter
 
Samba_SamPa's Avatar
 
Join Date: 10 Mar 2008
Posts: 1,029
Awards Showcase
Daily Horse Racing Competition 
Total Awards: 1
Default Re: Harrington on Cash

Hi Marlin, it means you have approximately a 36% chance of hitting an 'out'

Expanding on this, you are then able to calculate whether you have the right odds with which to make your play.

Eg. There's $25 in the pot, and it will cost you $5 to call - you are getting odds of 5/1 about your call when you are approx 7/4 to hit an out

Or there could be $40 in the pot, but it will cost you $25 to call - you are only getting odds of 8/5 about your call, but you're longer odds to hit an out.

Last edited by Samba_SamPa; 15-04-2008 at 21:30. Reason: Expanded on original answer
Samba_SamPa is offline   Reply With Quote