![]() There are only two possible outcomes of a coin flip – either heads or tails will come up. Ask yourselves what is the probability of tails coming up the next time you flip the coin. ![]() The concept of probability can best be explained by giving the coin-flip as an example. So in this instance, 1 represents the number of ways to win with a straight up bet, while 37 stands for the total number of possible outcomes. For every straight up bet, there are two possible outcomes – the player either wins or loses. In European roulette, all 37 numbers have equal chances of coming up. ![]() The second number or 37 in our example, represents the overall number of possible outcomes. When the probability is expressed as a fraction, the first number stands for the expected frequency of a given event occurring. When the concept of probability is applied to roulette, it is expressed as “1 out of 37”, for example, or is written down as 1/37, which is the same thing. In casino games like roulette, however, the term denotes the likelihood that a given number will come up. Generally speaking, the term “probability” can be defined as the likelihood that a specific event or outcome will occur.
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Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. ![]() First, we provide paid placements to advertisers to present their offers. This compensation comes from two main sources. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective. ![]() I believe we calculate with the rake taken out of the first pot though I'm not 100% sure of that. In this case, the numbers need to be run twice separately - once for the small pot, and once for the main pot. So in a more simple example, if you put 100BB in a 200BB pot and had 60% equity, you have 200 *. The idea is, for each pot you're all-in in, you calculate your equity in that pot and multiply your equity times the pot size, and then subtract your contribution. The multi-way nature of this hand makes it a little more complex to do the math. SB mucks K Q T 9 (Two Pair, Queens and Tens) (Pre 30%, Flop 48%, Turn 53%)Īccording to PT4, my All-In Adj BB for this hand is 19.89 BB. Hero shows A J 5 8 (Straight, Five High) (Pre 43%, Flop 39%, Turn 31%) MP shows K K 4 9 (One Pair, Kings) (Pre 27%, Flop 13%, Turn 17%) ![]() SB bets 34.89 BB and is all-in, fold, MP calls 34.89 BB, Hero raises to 122.24 BB and is all-in, MP calls 87.35 BB ![]() PokerStars - PL Hi FAST (6 max) - Omaha Hi - 6 playersįold, MP raises to 2.5 BB, fold, Hero calls 2.5 BB, SB calls 2 BB, BB raises to 12.5 BB, MP calls 10 BB, Hero calls 10 BB, SB calls 10 BB Here is an example of an all-in hand I played. 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