# Pot odds with low chip stack

The concept of pot odds assumes that if you make a bet with favorable pot odds many times, you will win more than you lose in the long run.

Does this logic apply in tournaments when your chip stack is low compared to the bet. For instance, assume you have only 1000 chips, and the bet is 700, but the pot odds are in favor, but with a 30% chance of winning. This doesn't seem to be reason to call since if you lose your 700, you won't be able to win it back again. I would therefore think you should want more than usual pot odds to make this call worth while.

Is there a revised theory of pot odds that takes into account how much money you have in relation to the bet size?

• This is my question, does anyone know how to link this question to my account? Nov 21, 2012 at 7:13

• Is the call (T$700) the only chip amount you'll have to commit to call? • Are any players All-In? • Do you need to consider money from the blinds that is in the pot already? • Is there a chance that you or your opponent will fold on later streets? and more... Technically, if the cost of a call compared to the current pot doesn't offer favourable odds, in this case you assume equity of 2.33:1 (or 30%), then the Pot-Odds aren't in your favour. The example you give, and the statement "but the pot odds are in favor,...", don't make logical sense. The call amount and the pot total are inextricably linked to Pot-Odds. Using the example again, the pot would have to total T$1631 or more for a call of T$700 to be correct, if you knew your equity was 30%. Importantly, depending on what you think your equity is determines if the explicit Pot-Odds are correct. You're right to assume that a call in this scenario is a bad decision. Also, there is no need for a revised theory as the original calculation of pot odds accounts for what you're talking about already. Check out this question on pot odds, and this question on Implied odds to get a better understanding. Good luck. :) • Also, calling 700 chips when you have a stack of 1000 chips basically means that you're ready to go all-in. You can't just call 700 out of 1000 and then fold on a later street. Sep 17, 2012 at 6:57 • The size of the pot wasn't mentioned in the question, so how can you say that the correct play is to fold? Dec 19, 2012 at 3:09 • @Chris I made some assumptions about the pot size, given the limited information that was provided. I noted that in the first of the points I stated, T$700 being the only amount offered. With this info, the situation is unsolvable so I used the answer to look at the concept of pot-odds rather than the situation. Dec 21, 2012 at 2:07