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What do betting odds represent? bookmakers like Pinnacle use odds to translate the inverse of the equation for turning probability into odds:

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The basic definition of pot odds in poker as well as a thorough explanation of how to calculate them at the table yourself to make beter decisions.

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The Odds are defined as the ratio of the number of ways not to draw the hand, to the number of ways to draw it. For instance, with a royal flush, there are 4 ways to draw one, and 2,598,956 ways to draw something else (2,598,960 - 4), so the odds against drawing a royal flush are 2,598,956 : …

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Pot odds refers to the price the pot is giving a player facing a bet. It represents their potential reward for making the investment of calling the bet.

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A flush is a hand in poker that has five cards of the same suit. We can now calculate the probability of a flush as 5108/2,598,960 = 0.1965%.

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Calculating odds with 2 cards to come. The equation is: that is not how I actually calculate odds when I'm actually playing poker.