About this question
Medium · Conditional Expected Value · Quant Trader interview question · pot-odds, probability, expected-value, decision-making, mental-math
You are playing a hand of Texas Hold'em. The pot contains \$100. Your opponent bets \$50. You estimate that you have a 25% chance of winning the hand if you call. Should you call the bet based on pot odds alone? In other words, determine if your equity justifies calling a bet of \$50 to win a total pot of \$150 (the original \$100 + the \$50 bet).