Poker pot odds help.?

Question

I am an experienced poker player and thought i understood pot odds till a recent experience, on the turn there were 3 clubs on the board and i had the ace clubs. Now i thought about it before i called as there was £7.20 in the pot and it was £2 to call.

I figured my odds out at 20% which i thought meant i needed £10 in the pot as it was a 1 in 5 chance of hitting i put the other player on the king of clubs, the board was king high, and thought my implied odds were around 6:1 ( I was right and ended up felting him for another £10). However one of the players at the table explained i only needed 4:1 (£8) in the pot to have the right pot odds but i do not understand why as 20% is a 1 in 5 chance of winning so how come i don't need 5:1 odds to win??

Answer 1

20% IS a 1 in 5 chance.  But the odds on a 1 in 5 chance is only 4:1.  4 represents the number of times you'll lose and 1 is the number of times you'll win.  That's a total of 5 outcomes, therefore, 1 in 5.

Answer 2

you need 8P in the pot BEFORE you call, making it 10P in the pot after you call.

if there are 8P in the pot, and it's 2 to call, it will cost you 2 to win 10, that's the 1 in 5 chance, that's the right number.

Answer 3

5:1 does not mean 1 in 5.

It means 5 to 1.

Or, 6 total, 1 for you, 5 against you.

"1 in 5" = 4:1

Answer 4

It is 4:1 since it is 80%:20%. It's not what the percentage is in relation to 100%, its your percentage of winning the hand in relation to the percentage of losing the hand.

Basically 4:1 means you are to lose 4 times for every time you win once in that situation.  So yes it is a 1 in 5 chance of winning but it means you'll win every 1 time out of those 5 while you will lose the other 4 times.

Answer 5

pot odds go in to any amount it the cards tht are calculated