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If you play the hand, make it 500 to go pre-flop. At a table full of nits, this should be enough to win the hand pre-flop most times.
As played Equity of folding is 3470 chips or 24.2%
Equity of calling = (Pr(you win the hand))(Equity after you win) + (Pr(you lose the hand))(Equity after you lose))
Hero has 5799 chips if he wins or 34.4% of the tournament equity, Hero has 2541 chips or 19.2% of the equity if he loses. Assuming villain raises his top 10% of hands here (77+,A9s+,KTs+,QTs+,AJo+,KQo) , Hero is 32% to win.
Thus the Equity of calling = 0.32*0.344 + 0.68*0.192 = 0.241 or 24.1%. This obviously makes the hand a marginal fold, unless you think he's raising wider.
Final thought ... I rounded the figures slightly, but I'm too tired to go back and rework the figures. This might make a small difference to the call/fold suggestion.
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