Probability can also be given as odds, which tells how often one event will occur in relation to the number of times another event will take place (1:2). Probabilities are always a number between 0 and 1 and are usually expressed as a percentage. Combinatorics (card combinations), statistics (sample size) and other subdisciplines are all a part of stochastics.
Stochatics deals with frequence-based probabilities. The classic definition is: 'The probability of an event is the ratio of the number of cases favorable to it, to the number of all cases possible when nothing leads us to expect that any one of these cases should occur more than any other, which renders them, for us, equally possible.' The probability of flipping heads in a coin toss is therefore 1 to 2, or 50%.įor poker players, stochastics is the most interesting part of studying probability. Probability means the degree of certainty that a possible event will occur. This article discusses all the important, and interesting, probabilities that you should be aware of. Probabilities in Texas Hold'em IntroductionĪn understanding of basic probabilities will give your poker game a stronger foundation, for all game types.
