Reverse Implied Odds
We hear of people trying to figure out how to win, and how much they would win given certain circumstances. Mathematicians have even come up with simple formulas to explain this. What, though, if you wan to be able to figure out just how much you’re risking to lose?
There is a way. You can calculate the reverse implied odds. This is the opposite of implied odds, where you try to figure out how much you stand to win after making a draw. The good part here is that this does not actually require actual numerical calculation. As the name suggests, you are looking at what possibilities are there. Say for instance you have a hand of 7h and 8s. The flop then gives you 6h 9s 4h. Take these into consideration then: if a 5h or a Th is next, then that would have given your straight, which is a good thing. The bad news is there is a probability that one of your opponents also has cards that will form a flush, which will trump your straight. Also, if any tens come up, then that would still give you a straight, but others might get a higher straight than you as well, so watch out. Consider, then, just how high your hand is, and what possible hands your opponents may be forming before you continue fattening that pot that you may or may not win.
Why is it just as important to consider how much you stand to lose as learning how much you stand to win? The answer is quite clear and simple, if you still cannot see it: it’s all part of the game. Considering the risks will help you figure out whether or not it’s a risk you are willing to take, and will keep you grounded if you come up with really good pot odds and equity. Not only is it wise for your gameplay, it’s also wise for your playing attitude.