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Horn Bet
 

This single wager combines the worst features of a group of individual bets. When making a horn bet, gamblers are betting that the next roll of the dice will come up either 2, 3, 11, or 12. They cover all these numbers with one four-unit bet.

If the 2, 3, 11, or 12 is rolled on the next throw of the dice, they'll be paid off according to the usual casino payout on that number, at a terrible disadvantage to the players, and the casino will retain the other three units as losing chips. This bet allows players to make four bad bets at one time and should always be avoided

 
Evening Out the Odds
 
Implied odds represent how much money you might be able to make if you successfully hit a drawing hand. To calculate implied odds correctly, you have to know a little something about both your opponent and your hand. Will he bet out and then call a raise if the card you need hits? Will it be too obvious (as it sometimes is with a flush draw hitting) that he will back off and only check-call? The more you think an opponent is likely to pay you off when you make your draw, the better your implied odds.

The next most important odds topic involves your ability to calculate how easy or difficult it will be for you to hit a draw of any kind on the flop. To do this, you first must figure out how many cards are in the deck that will win for you. A card that will win the pot for you is called an out.
 
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