1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice
  3. Discussions in this section are assumed to be EV- as they are outside of the Advantage Play section. For EV+ discussions, please visit the Advantage Play section.
    Dismiss Notice

Poker Probability and Odds

Discussion in 'Poker Forum' started by rigor mortis, Jan 10, 2016.

  1. rigor mortis

    rigor mortis Guest

    These are virtually the same and the only difference is in the way they are expressed.
    Some people prefer to deal with percentages, while others prefer odds.
    Probability is the chance that something will happen and is expressed in percentages between 0 and 100. The higher the percentage the more likely the event will happen.
    Odds are the ratio between an event happening and the number of times it will not happen. It is expressed as one number over another number eg 4/1,The higher the odds the less likely the event will happen.

    Source.
     

Share This Page