AK and 99 against Carlos' hand, Carlos wins 25% of the time. Not exactly 4-1.
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Ok, so read this article by Hellmuth in Cardplayer:
link
First of all if Carlos were
heads up against AK or AQ he would be a 3:1 dog. But even more importantly, he is not heads up. In a three way pot, if one player had AK and the other guy had a small pair like 9-9, Carlos' equity in the pot would only be about 20%, in which case he would need 4:1 odds to call, and his call is atrocious. If Carlos were against two smaller pairs his call would have been correct, but Phil clearly states that his call is almost correct even if he is dominated by one of the hands.
In fairness tp Phil, if he deserves that, the overall point of the article was not bad.
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