Implied odds help players make decisions about whether to call a bet by considering not only the current pot odds but also the additional money they could win in later betting rounds if they complete their draw. Unlike standard pot odds, implied odds factor in future bets that opponents are likely to make, which can influence the profitability of a call when the player is drawing to a strong hand.
Implied Odds Example
For example, in a poker game, you are on a flush draw, and the current pot offers 2:1 odds. Based on pot odds alone, calling may not seem profitable. However, if you believe your opponent will bet another large amount on the river if you hit your flush, your implied odds make the call more attractive since you stand to win more in future betting rounds.