[ChrisW]

> Gus's call= Bad. At BEST he has to figure he is a
> coinflip, unless the very small chance PP reraised with a
> smaller pair happens. Sticking all your chips in on
> something you are 95% sure is a race at best is simply
> weak poker.

This reasoning is pretty silly. Let's say that Gus had committed half his stack to the pot already. Should he fold if he's "95% sure he's in a race"? Of course not. Racing is an equity decision like any other tournament decision. Here, Gus was calling about T2M into a total pot of T4.7M. He was 57% to win the "race." That makes his chip equity from the call T679K better than folding on the actual hands.

Of course, it's dollar equity that matters, not tournament equity, and there the decision is close. I'm not inclined to do the math, but my guesstimate suggests that calling and folding will turn out to be within a few percentage points of each other cashwise given Paul's actual hand. Perhaps Gus thought that Paul might make the same move with some underpairs but not with as many overpairs. In that case the call is probably correct at cash as well. It certainly wasn't horrible.