When you play Texas Hold em poker your Outs are the unseen cards that will complete or improve your hand to make it the winning hand. Each additional card or Out will improve your percentage of surviving the hand and coming out a winner. Hand Odds are the chances of you to make a hand in poker.

Texas Hold em is a kind of poker game and it means that it is a game of probability and luck. Every good Texas Hold em player will take the odds into account when deciding whether to continue betting on a certain hand. The concept of pot odds is used to compare the odds of completing a hand to the potential payoff.

It is not difficult to calculate the pot odds. First you have to determine the value of the chips currently in the pot. Also you have to include any bets that other players have already placed on the table, and factor in any additional bets you think the players after you will make. The last are called implied odds. At last you have to divide that by the value of the bet you need to call. For example, if there is $10 in the pot and you need to make a $1 bet to call, the pot odds are 1:6. For a $1 bet, you would make $10 if you won. As you see it is very easy to calculate the pot odds. These odds will need to be recalculated if another player raises after you. When it happens, you need to divide the size of the current pot, including the bets on the table, by your first bet plus the raise. You calculate the pot odds to determine whether to continue drawing towards a hand that you believe will win. Pot odds are purely a measure of probability, and cannot account for the unseen cards that have already been dealt.

As is mentioned above Outs are the number of unseen cards left that will complete your hand. Computing Outs is as easy as calculating Pot Odds. Here is an example: if you have flopped a four card spade flush draw and need one more spade to make your hand, then you have nine outs, or nine possible spades left in the deck. Or, if you are holding Ace-King on the turn, and you figure that either an Ace or a King will give you the winning hand, then you have six outs - three Aces and three Kings.

Compare the odds of making your hand to the pot odds. If the odds of making your hand are higher than the pot odds, then the potential payoff from winning doesn't justify the odds against making your hand, and you should fold.

It is quite difficult to calculate bet odds and implied odds. If you want to calculate these odds you have to predict other players' reactions. With implied odds you are thinking about reactions for the rest of the game and with bet odds you try to factor in how many people are going to call a raise.