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Is implied odds still a thing or has that concept changed in recent times?

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Posted by posted in Low Stakes

Is implied odds still a thing or has that concept changed in recent times?

Implied odds considers the chance of winning an opponents entire stack as justification to draw beyond the immediate odds you are getting for that call. This was always somewhat difficult to quantify for me because even if you hit, you still don't know if your opponent will actually call you down with worse.

I haven't heard this term in a while, so I was wondering if it is an out of date concept or replaced by something else.

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