Online Poker Odds

One of the most confusing things for new online poker players is learning about the various bets and odds associated with the game. There are dozens of different terms used in online poker rooms, which makes it even more difficult to understand.

Understanding Basic Odds

Many online poker bets offer odds of seven to one, but the concept behind this can be applied to the odds of any bet, in any game. When you place a bet with 7:1 odds and win, you will be paid seven times the amount of your bet. If you lose, your loss is equal to the amount of your bet. Obviously, this can be an excellent betting option if you're holding a good hand.

How it Works

For example, you place a wager of $20 on a bet with seven to one odds. If you lose, you're out $20. But if you win, you'll walk away with $140 in your pocket - a profit of $120. While this bet may seem quite attractive, it's important to remember that there's much more involved in understanding everything you need to know about online poker odds.

Learning More about Poker Odds

Implied odds, pot odds, expected value, rake, and many other factors play a role in determining the true odds in online poker. Learning everything there is to know about it takes time and a bit of effort. Plan to spend at least a couple of hours reading about poker odds and betting procedures, and several more actually practicing the information you've gathered.

You're not alone if you're having trouble understanding online poker odds. Take the time to read up on the various odds you will encounter in an online poker room and practice placing bets with favorable odds.