If you were to call, it would cost you $500 dollars to try to win a $600 total pot, so your pot odds would be 6:5, or 45%. Consider again the example, but this time, let’s be a little bit more specific: there is currently $100 in the pot, and your opponent raises $500 dollars.
If this is the case, the profits from the 38 times you win the hand would be greater than the costs from the 62 times you lose. So how do you know if you should call a raise? Essentially, your equity must be greater than your pot odds. In other words, if you played this hand through 100 times you could expect to win it 38 of those times, and furthermore, you can expect to win back 38% of every dollar that goes into the pot. In the previous example, you have 38% equity in the hand.
Now that you have calculated both your pot odds and your equity you are ready to combine the two to decide if you should make the call or not.
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