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Kona, for as long as you've been here, you shouldn't even be asking this. Just do the math.
Hand 1: 87.4609 % { AA }
Hand 2: 12.5391 % { AcQc }
4010 dead chips, 580 to call.
6.9:1 Pot odds. Need to win 12.66% to be correct.
Furthermore, see how much of a mistake it is if he has KK (which I'm assuming you're positive he's not folding, cos I am)
Hand 1: 68.1545 % { KK }
Hand 2: 31.8455 % { AcQc }
Next, run the numbers into ICM, and then decide if you think it's really a call.
Fold = 3.27% of the equity prize pool
Call, win = 21.43% of the equity prize pool
(.125)*(.2143) = 2.6%.
(.3185)*(.2143) = 6.8%
Essentially, you could argue folding makes sense, if, AND ONLY IF, you can put him on AA. Since this clearly is not possible, you just can't. Even if you use the following range, folding is ludicrous.
Hand 1: 74.5899 % 74.24% 00.35% { KK+ }
Hand 2: 25.4101 % 25.06% 00.35% { AcQc }
Now, preflop, that's another thing.
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