This is where the concept of implied odds, reverse implied odds, and equity realization come into play. However, this hand will not realize enough equity and therefore not recoup the 1.5BB call investment. For example, 72o has about 30% equity against a standard BTN opening range, so it would have “direct” pot odds to call. However, because there are future betting rounds, we may over or under-realize our equity.Ī naive pot odds calculation would have BB calling a 2.5BB BTN open with any two cards. If your opponent bets $5, you need to recoup at least $5 (in the long run) to justify calling. We cover this topic in more depth in our Equity article. However, if you measured equity as your actual expected value divided by the pot, Pot Odds would always hold true. The percentage of the pot we’ll win is not necessarily equivalent to our equity when future betting rounds exist. Pot odds are not always so clean when future bets are possible.