What does "implied odds" mean in the context of poker?

[ProGambler]

What does "implied odds" mean in the context of poker?

Implied odds are a concept in poker that considers potential future profits a player might be able to anticipate if they complete their hand in addition to the current pot chances. Implied odds take into account the additional chips that might be won in following betting rounds if the player's hand improves, while pot odds only take into account the present size of the pot and the cost of a certain bet or call.

In poker, implied odds operate as follows:

Calculating Implied Odds: Players evaluate the potential reward if they hit their desired cards when deciding whether to continue with a drawing hand. They make an estimate of the extra chips they can take from rivals in upcoming betting rounds.

 

[CR7]

For example, suppose a player has a flush draw with two cards to come, and the pot is currently $50. If the player believes they can win an additional $100 if they hit their flush on the next card and their opponent continues to bet, their implied odds would be 3:1 (the potential future profit of $100 divided by the cost of the current bet or call, which is $50).

Taking Implied Odds into Account: When considering whether to continue with a drawing hand, players should factor in both pot odds and implied odds. If the pot odds are higher than the possible future profits, then it is not worth continuing with the hand. However, if the implied odds are greater than the pot odds, it may be profitable in the long run to continue.

Implied odds are particularly relevant in no-limit hold'em and pot-limit Omaha, where players are free to bet any amount they wish. Knowing how to calculate and use implied odds effectively can be a vital tool in a poker player's arsenal.

 

[swift]

I think In the context of poker, "implied odds" refers to the additional amount of money a player can expect to win if they hit their hand and make it better in future betting rounds. It is the estimated amount of money that a player expects to win beyond the current pot.