Re: Folding aces, preflop, in a cash game
The only way you can fold AA is if you knew for certain that these were the hands you were up against (i.e. they were accidentally flipped up before you made your move). But since this never really happens we don't have to worry about it. Even with 5 people allin the odds that someone has AK, or that two people are sharing any of the pairs are very high, and in these cases you have huge +EV. It should also be noted that if you simply remove one less pair from this example (4 paird up allins with one having AA and the rest sharing your suits) that you're still +EV.
You can not correclty fold AA preflop in a ring game in any realistic scenario.
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