[gergery]

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Likewise, it might be right to pass a small edge if winning the gamble will not take you above a higher threshold, but losing will drop you below a threshold and drastically reduce your flexability. I would think that those thresholds are, in fact, inflection points.

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Well put, very concise. This is what Gigabet meant to say, if he hadn't have been smoked that funny weed.

As an aside, one of the things i find most interesting about NL tourneys is how the correct play changes with your stack size. Consider in this example what you should do with different chip stacks.

With 100 chips, easy call. You’re getting lots of odds on your money and with no fold equity must win a showdown soon.

With 400 chips, probably call/push. You won’t have fold equity by waiting for another hand and this one is decent.

With 700 chips, fold. You have no fold equity if you play this hand, but should have some next hand if you’re first in.

With 1000 chips. Push or fold both could work depending on how likely it is he’ll fold, as you now have fold equity.

With 1500. Probably fold. You have enough chips to wait for better spot, and can’t put in a portion of your chips without all of them, but have enough chips where pushing risks too much.

With 2500 Probably call. You now have some implied odds and enough of a stack to hurt him that your position could move him off a hand, and you have position.

Cool stuff, huh!

--Greg