### A Mention Of Risk Vs. Reward In Poker

Any remotely serious card player should have a clear understanding of Risk vs. Reward. The basic concept is to determine the cost of a decision, or “risk,” and the value of the expected return, or “reward.” Players may then decide to pay a cost if they feel the reward outweighs the risk. Risk vs. Reward is a decision process that may be applied in an instance, but is affected by the overall probability of an event. There are two important examples of when Risk vs. Reward should be considered by a poker player:

• The second example of Risk vs. Reward applies more towards a specific hand you are playing, and calculating the amount of money that is worth risking based on the size of the pot and/or the probability of you making the hand to win the pot. Also called “Pot Odds,” all successful hold’em players apply some form of calculating the ratio of the pot size (and thus, what could be won) compared to the size of the bet a player must call to remain in the hand. An example in hold’em would be if you had a hand before the river card is dealt that may not yet be the best hand, but you may have eight “outs,” or eight cards can still be dealt for you to make a winning hand. This gives you about a 17.4% chance of hitting an out on the river. And if the pot is \$100, it is worth calling a max bet of approximately \$21 because \$100+\$21 = a bet that is 17% of the pot, and as long as your odds to hit is above 17%, the bet is worth calling. Pot Odds is not too hard to understand, however, learning how to apply the theory as a part of a winning method takes more time and practice. There are shortcut formulas to help apply the theory (which will be discussed/added soon on this site), but also keep in mind that there is more to Pot Odds than we’ve discussed so far, and that there is much more to poker than just Pot Odds.

Submitted by:

### Gaway Young

This article is an excerpt from the Strategy section of http://ThePokerResource.net. For more poker tips, including online site reviews, please visit http://thepokerresource.net. You can also find more insigtful perspectives in "A Rounder's blog" at: http://thepokerresource.net/blog. Part theory, part psychology, part story...and 100% poker.

ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Cacer Survival
Classifieds
Computers and Internet
Education
Family
Finances
Food and Drink
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Jobs
Kids and Teens
Legal
Legal B
Marketing
Men
Music and Movies
Parenting
Pets and Animals
Politics and Government
Recreation and Sports
Relationships
Religion and Faith
Self Improvement
Site Promotion
Travel and Leisure
Travel Part B
Web Development
Women
Writing

http://www.articlesurfing.com/recreation/a_mention_of_risk_vs_reward_in_poker.html