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in general, if you stand to win the same in 2 possible situations, but the amount lost is able to change, try to lose the least.
your ex)
200bb * (.8) - (94.5bb + x)*(.2) = total winnings
where x = 0 when the board pairs, 20% of the time. when you fold everytime to any bet.
so basically you lose 46.5bb when board pairs, and win 105
in real life, good luck getting it all in when 4 to a str8 hits, or if the board completes a flush (you didnt specify suit).
plus my formula is incorrect, the right side of the equation shouldnt be "total winnings", because i didnt subtract out how much you bet.
ps i felt like making a math equation for some reason this late at night, im exhausted but i feel someone smarter than i could make a more elegant mathematical model, please do.
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