Kristy Arnett defines "implied odds" by talking us through an example, Each week, the Talking Poker series highlights a particular poker term. Learn how to calculate implied odds and how they are crucial to improve your betting and to winning more money in games of poker. In poker, pot odds are the ratio of the current size of the pot to the cost of a contemplated call. Implied pot odds, or simply implied odds, are calculated the same way as pot odds, but take into consideration estimated future betting. Implied.