What are ‘Reverse Implied Odds’
‘Reverse implied odds’ is the term used to describe the odds in poker that a player will lose, even if their hand is completed by the draw, because another player holds a hand that ranks higher. The phrase is used in relation to the more common ‘implied odds‘ – the odds of completing the hand as needed and of winning the pot with it.
‘Reverse Implied Odds’ Explained
In poker, players who are successful are able to correctly read the game – including their chance of winning from any hand they are dealt. Knowing the odds of a win from the possible combinations and the subsequent actions that could occur will give a player some advantage over their opponents and a better idea of how to bet on each round.
Knowing the ‘reverse implied odds’ – the odds of a loss even after a draw completes the desired hand – is just as important as working out the chance of success. A player must be aware of their margin of loss when the other players are considered. The term ‘reverse implied odds’ is the opposite of the ‘implied odds’ – the possible chance of a win when assessed against the potential of the hand in the coming draw.
For example, if a player holds four suited cards at the start of the game, they will almost certainly bet, play the draw, and swap their offsuit card in the hope of a flush. The implied odds refer to the chance of winning, in the event that the flush is completed. However, making the flush is not the only consideration for this player. Even if the draw turns up the right suit, there is a chance that an opponent might beat this hand – with their own straight flush, for example. The reverse implied odds cover the chance of the flush hand being made and yet still failing in the showdown.