Re: Is there any argument to be made for calling here?
Well sure, FOLDS which are -CEV/+$EV come up a lot. Less common are situations where you CALL at -CEV.
Chip EV is used as a tool because its an easily calculated, standard starting point for discussion of the hand. You then apply whatever modifications are necessary. Much like point count at bridge [img]/images/graemlins/wink.gif[/img]. In my post above where I said that call is +630 chips, for example, I didn't think it necessary to go any further because the size of the chip EV I think precludes any more discussion. It's pretty rare that you decline a betting opportunity when the expected return is almost double what you're putting in.
$EV is just shorthand for "play which wins you money" or "play which loses you money", distinguishing that from chip EV - what terminology would you prefer us to use? [img]/images/graemlins/wink.gif[/img]
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