If you’re in the big blind and you hear the word, Raise, you should automatically begin a decisionmaking process while the action is coming back around to you. Here’s what you might be thinking:
All right, I’m in the big blind. The player on my left called, the next player folded, and there are two bets in the pot. The next player raised, making a total of four bets in the pot. Everyone else folded around to me, and I either have to call one more bet or fold.
The pot is offering me 4 to 1 odds, and the player between me and the raiser willprobably just call also, so my implied odds are likely to be 5 to 1. Therefore, I need a 1 out of 6 chance of winning this hand just to break even in the long run. Do the cards I’m holding right now give me that 1 out of6 chance of winning, assuming the raiser has what he’s supposed to have?
Maybe your situation was a little different:
I’m in the big blind and there’s been a raise. Everyone else has folded around to me. There are three bets in the pot, and the raiser obviously has a good hand. Do I have at least a 1 out of 4 chance of winning this hand?
Or maybe what happened was:’
I’m in the big blind. There’s been a raise. Everyone has called, and now it’s my turn to act. There are nineteen bets in the pot, and I can call without fear of another raise, because the raiser is on my immediate left. Do I have a 1 out of20 chance of winning this hand?
To keep things simple, both of these examples ignore the effect of the rake and the jackpot drop, if there is one. If the rake is $4 maximum per hand, and the jackpot drop is $ 1 per hand, that’s quite a lot when the pot is very small. Your odds could be reduced from 3 to 1 to 1.5 to 1 when there’s just you and the raiser in the hand.
On the other hand, the larger the pot, the less effect the rake has on your pot odds. Remember to take the rake and the jackpot drop into account when figuring your pot odds and making your decision.
If you’re in the small blind, you have a different situation. Instead of the full $3, you have to call only $2 more, so the math is a little different. When the action is coming around to you, you have to keep track of the size of the pot in terms of actual dollars, not just number of bets.