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Odds refer to a ratio. This can take many forms - 2 examples are pot odds, which is the ratio of the amount in the pot vs. the amount to call, and implied odds, which is the ratio of the amount you think you can win based on future betting vs. the amount to call.
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How to calculate win percentages during a showdown?
Up until now i know how to get to the percentages on the right side of the image (was taken from an online odds calculator). …