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The Poker Professionals Association
Research Chapter
49
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Implied Odds
When you evaluate whether to make a particular bet, one of the considerations is of course how big the pot is (pot odds) In other words, how much do you have to be (risk) in order to win the pot and is the relationship worth the risk.
Lets say you need to catch a certain card to win And for simplicity's sake you have 1 in 13 chances to catch that card, pot odds would have to be that or better to make the bet worthwhile. In other words, you need at least 13 times more money in the pot than your bet.
However, if there is more betting to come, you need to evaluate the implied odds. That is to take into consideration the additional money you need to bet on subsequent rounds and what you can win in return.
This is why an iffy hand is many times better to get away from early, as subsequent bets can hook you into more than you intended to invest.
For your convenience in relationship to the current topic, and as a continous reference, the poker point system is attached below.
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POKER PRO POINT SYSTEM
With the point system we assign each card a specific relative value or points. As expected, the Ace receives the highest value; however, you will note that cards rankings from 8 down receive no value, unless paired, connected or suited.
For learning purposes, we are using Texas Hold'em Poker game primarily because it is currently the leading money game both for tournaments and live play and it the easiest to use to demonstrate the point system, as only two cards are dealt each player initially. Naturally we will cover the use of the Point System in other primary poker games in later research chapters.
Individual Card Point Values:
- A= 6 points
- K= 5 points
- Q= 4 points
- J = 3 points
- 10=2 points
- 9 = 1 points
- 8 = 0 points
- 7 = 0 points
- 6 = 0 points
- 5 = 0 points
- 4 = 0 points
- 3 = 0 points
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2 = 0 points
Pairs receive an extra value of 8 points.
Suited cards receive an extra value of 3 points.
Connected cards receive an extra value of 2 points.
Suited cards are written with a small "s" as: KJ's
Connected cards refers to directly adjacent cards such as: KQ or AK or KQ or QJ, not KJ or AQ.
Examples of values of first two cards dealt in Texas Hold'em:
- AA=20 points (6 points for each ace plus 8 points for a pair)
- KK=18 points (5 points for each king plus 8 points for a pair)
- QQ=16 points (4 points for each queen plus 8 points for a pair)
- AK's=16 points (6 points for the ace, 5 points for the king plus 3 points for being suited and 2 points for being connected)
- JJ=14 points (3 points for each jack plus 8 points for a pair)
- KQ's=14 points (5 points for the king, 4 points for the queen plus 3 points for being suited and 2 points for being connected)
- AK=13 points (6 points for the ace, 5 points for the king plus 2 points for being connected)
- AQ's=13 points (6 points for the ace, 4 points for the queen plus 3 points for being suited)
- T,T=12 points (2 points for each ten plus 8 points for a pair)
- AJ's=12 points (6 points for the ace, 3 points for the jack plus 3 points for being suited)
- AT's=11 points (6 points for the ace, 2 points for the ten plus 3 points for being suited)
- KJ's=11 points (5 points for the king, 3 points for the jack plus 3 points for being suited)
- KQ=11 points (5 points for the king, 4 points for the queen plus 2 points for being connected)
- 9,9=10 points (1 point for each 9 plus 8 points for a pair)
- AQ=10 points (6 points for the ace, 4 points for the queen)
It is interesting to note the value difference of 3 points between AQ's and AQ. This demonstrates the importance of suiting and is helpful in evaluating the correct value of a AQ starting hand. Suited it is definitely playable while unsuited it can be a marginal hand often played for more than it's worth.
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