Good poker players know the important percentages. For example they know that they have a one to eight chance to get three of a kind out of a pair.
- Understand the importance of outs. An out is a card that improves your own hand. If you multiply the number of outs with 2 and then add a 1 to that value then we obtain the approximate probability that you get one of the cards that will improve your own hand.
- Learn how to calculate your pot odds. Just knowing the outs won’t cut it.You must apply them correct to make a good decision. If you know that you have a 30% chance to improve your hand what are you going to do with that kind of information? Quite simple; multiply your own chances to win (e.g. 30%) with the money in the pot (e.g. 20$) and you know how much you should pay most to see the next card. In this case it would be 6$.