Odds are a reflection of the chance or probability of a certain outcome in an event. In any event, every outcome has a chance or probability of taking place. Odds are an interpretation of probability. The bookmakers form odds or prices to reflect those chances. With American odds, the number represented is how much you have to bet to win $100. If the number is preceded with a '+' sign, then you would risk less than $100 to win a wager worth $100. And, the opposite is true when the number is preceded with a '-' where the bettor would have to risk more than $100 just to win $100 of the wager. Calculating Poker Odds for Dummies - A FREE, #1 guide to mastering odds. How to quickly count outs to judge the value & chance of winning a hand in 2021.

Understanding Odds In Betting

Introduction

This poker calculator will give you the odds of a win, loss, and tie for each player. Click on any card and it will be used in the position indicated by the yellow frame. You may click on any valid card to move the frame there. Check 'folded hand' to indicate the given player is out of the hand, removing his cards from the remaining deck. You may also configure any random situation. Enjoy!

Understanding Odds Football

The Wizard would like to give full credit and thanks to J.B. for this application.

Written by:Michael Shackleford