Re: How much $EV will you give up?
When you do an ICM calc against a range of calling hands, you pick what you think is the most likely range and go with that.
I think in some cases you would get a vastly different answer if you had the flexibility to put the opponent on a weighted range of calling ranges.
I think this is relevant to the idea in your post that you will sometimes have more than enough FE because the range is too tight and sometimes be +$EV because you are ahead of your opponents range.
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