Summary

In sum, reverse implied odds describe situations in which:
1. You're not sure where you're at.
2. You have little chance of improving to beat the hand your opponent might already have or might make.
3. A call commits you to calling future bets all the way to the end.
4. Your opponent can back off at any time.
In such cases, you must not think you are getting odds according to what's in the pot and what you have to call right now. You are getting much worse odds - so much worse that it is often better to throw your hand away immediately rather than get committed. Such a situation would occur in hold 'em if you held



A similar situation might occur in seven-card stud if you held two black aces and an opponent with three hearts on board came out betting on fifth street.
Whereas implied odds are based on the possibility of winning more money in later betting rounds, reverse implied odds are based on the possibility of losing more money in later betting rounds. Put another way, when you're getting implied odds, you're glad you're not all-in, for you expect to make money on future bets if your card hits. However, when you're getting reverse implied odds, you wish you were all-in so you could see the hand to the end without having to call future bets.