Re: Pop quiz
I think you are right, but I'm not sure...
Take for example this situation...3-way.
Opponent one bets. Hero, next to act, calls getting 5-1 on a 4-1 shot. Villain 2 raises, first villain reraises. Hero calls again, getting 10-2 (5-1) on a 4-1 shot. Last villain calls. Yet hero has put in 3 bets to win 10 on this rounds on a 4-1 shot, a losing prop in the long run, yet never made a -EV call.
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