Poker odds fordummies

Step 1: Work Out How Much You'd Normally Win From Your Actual Poker Odds:

Step 2: Calculate How Much Money You Could Win And The Odds You're Getting:

Step 3: Decide Whether To Call The Bet
In this example by betting $10 your opponent has effectively given you odds of 10:1, when your actual chance of winning is 4:1.
This is like a bookmaker giving you 10:1 odds on a horse that has a 4:1 chance of winning. So should you call that bet? Yes and you should do it faster than an eye can blink because the odds are offering you the chance to enjoy a great pay day.
Part5
But What if I Lose?
Even if you make that call, you might still lose. It happens. Remember, your calculated odds were 4:1, meaning the poker gods say you will lose four times for every time you win. That's why it is important you are being offered at least the chance to win four times as much as your bet, because in the long run you'll break even. More importantly, if you are being offered the chance to win more than four times your bet, you'll eventually make money.
To Summarize Everything We Have Calculated So Far:

So If This Exact Same Situation Came Up 5 Times During Your Game:

Part6
A Lot to Remember?
Here's a Handy Shortcut - The Rule of 4 and 2
Now that you have worked through the math and seen the theory, it is time to introduce a handy shortcut. This will help you calculate your chances of winning a hand within the short period of time that Internet poker allows you to make a decision.
1After the flop (first three cards the dealer puts on the board),calculate the number of outs left in the deck:
Using our example from step 1 we had:9 outs
2The simply multiply the number of outs by 4 to get the chance of being delt a winning card on the turn or river
9 x 4 = 36%