In situations where winning odds are higher than winning, the subsequent odd is called a long shot. That’s why if you are paying $10, you have the chance to win $60. While betting during a horse race, if the odds are six to one, i.e., 6:1, it indicates that for every $1, you must pay $6.
To make things easier to understand, let’s take the example of a horse race.
Moreover, we also recommend learning about starting hands for better understanding. Keep the chart with yourself during the play for easy calculation of odds. It is recommended to download and print the chart for Texas Hold’em. For understanding the poker odds, you should have the odds chart.