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Ok, i think i got something here. maybe, maybe not.
This is only a random probability thing, just the odds, nothing to do with preflop play and player analsysis. We will use probability and combinations from maths class.
A deck has 52 cards - agree. We have seen already 5 cards, that leaves 47 cards remaining. These 5 cards are: 333A7.
Now would the probability that villian has AA be dependent on what comes on the flop, turn and river? The answer I believe is yes, since the probability of the flop is dependent on the hole cards. This in turn, whilst not changing the actual outcome, changes the random preflop odds. If the flop comes with two aces, the chance of him having AA is slimmer, and if the flop is AAA, the chance of him having AA is zero. So a relationship exists. (I could be wrong of course)
Now to determine just the random chance of him holding AA. Its simply a matter of the combinations of AA available from the 47 cards, divided by the total number of two card combinations with the remaining 47 cards.
AA as we all say, can be dealt in 3 ways. Eg. As Ad Ac can form As Ad, As Ac and Ad Ac. (Not to be confused with reality, where you can ONLY have two AAs maximum =P). This is a combination (nCr), so the order in which the aces are dealt is irrelevant, thus As Ad is the same as Ad As.
Next the number of total possible 2 card combinations is simply 47 options for the first card, and 46 options for the second. Thus, 47 * 46 = 2162.
Probability = required outcome/total outcomes = 3/2162 = 0.138% which gives us the odds that this villian is holding AA.
Whereas the chance of AK which is the same as AX (other than A3 or A7) is: 12/2162 = 0.555%. Thus AK is 4 times more likely to be present than AA.
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Now suppose, we put this villian on an Ace for sure as is what's started by the original poster, since villian would need at least an Ace to remain competitive. It is then a matter of working out the odds for the second card.
Because we assume the villian has an ace, we can say that we've seen 6 cards from the deck. These are 333 A7 A. Leaving 46 cards remaining. Notice, as we've put villian on an ace, the chance of him having AA preflop suddenly increases.
It is now, 2 remaining aces/46 cards in the deck = 4.348% the villian has AA. Leaving 95.652% of the time by random chance, villian does not have AA, but AX.
Now based on odds alone, and not considering player tendencies and capabilities - I gotta call and pay AA off.
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