No-limit decisions are the same two numbers as limit — your equity vs. the price — but the price now comes from bet sizing, not a bet count.
| Villain bets | Equity you need | Draws that clear it (1 card) |
|---|---|---|
| 1/3 pot | 20% | 15-out combo only |
| 1/2 pot | 25% | 15-out combo only |
| 2/3 pot | ~29% | 15-out combo only |
| Full pot | ~33% | None on raw odds |
| 2x pot | 40% | None on raw odds |
So why call draws at all? Implied odds — the money you win later when you hit. A flush draw (~18% one card) can profitably call a half-pot bet (25% needed) when stacks are deep and villain will pay you off. Shallow stacks or an obvious flush card killing action = stick to the raw numbers.
Set-mining rule of 15: call a raise with a small pair only when effective stacks are at least 15x the call. You flop a set ~1 in 8.5, and you won't get paid every time — 15x covers the misses.
| All-in matchup (preflop) | Rough equity |
|---|---|
| Overpair vs. underpair (KK vs. 99) | 80 / 20 |
| Pair vs. two overcards (88 vs. AK) | 55 / 45 — the classic flip |
| Dominating ace (AK vs. AQ) | 70 / 30 |
| Two overcards vs. two live unders (AK vs. 76s) | 60 / 40 |
Stack warning: the deeper the money, the bigger the hand you need to stack off. At 100bb, one pair — even an overpair — is rarely worth your whole stack. Big pots want two pair or better.
Facing a real bet size with a draw. Compare your equity to the price. Raw odds only — assume no extra implied money.