The odds presented in here are always shown in a ratio that means the potential return of what you’ve invested. For example odds of eight to one (8:1) mean that for every $1 you’ve put in, you’ll get $8 in return.

Outs, in poker, are any unseen card that if drawn, can improve the chance of the player to win by improving their hands. Imagine that in a poker deck, you have 52 cards, and 2 of those, like in Texas Hold’Em, are in your hands. Add those that will be exposed in the board between flop and turn, that’s 4 more (one card will always be burned when exposing the other in the board). This means that 9 of the remaining 37 cards have the potential to make you win the game.

You can determine whether you can profitably call a draw using poker odds and outs. Cards that complete your draw are known as outs. Chances are the chances of hitting a home run. Odds equal outs / potential cards in Texas Hold'em.

The pot odds indicate the likelihood of a payoff in relation to the bet you must make. These results from the formula pot odds = potential reward/stake. You will ultimately succeed if the pot odds are higher than the odds of a hand. In the long term, you will lose if they are lower.

In poker, the terms odds, outs, and draw are all related to the concept of probability and the chances of making a winning hand.

Odds refer to the ratio of the number of ways you can win a hand to the number of ways you can lose the hand. Odds can be expressed in different ways such as a ratio, a fraction, or as a percentage. For example, if you have a 2-to-1 odds of winning a hand, it means you have two ways of winning the hand for everyone way of losing it.

Outs, on the other hand, refer to the number of cards left in the deck that can help you make a winning hand. For instance, if you have four cards to a flush, you have nine outs, as nine cards of the same suit are left in the deck that can complete your flush.

A draw refers to a hand that is not yet complete but has the potential to become a winning hand if certain cards come on the board. A draw is often described as either an open-ended straight draw or a flush draw. An open-ended straight draw means you have four consecutive cards, and you need any of the eight cards (four on either side) to make your straight. A flush draw means that you have four cards of the same suit, and you need one more card of that suit to complete your flush.

Understanding the relationship between odds, outs, and draws is important in making decisions about whether to continue playing a hand or fold. By calculating your odds of winning the hand, based on your outs and draw, you can make an informed decision about whether to continue playing or not.