[Solitare]

Another way to look at this would be to consider probable finishing places based on your action. It would help to have the full payout schedule, but we'll get by.

Folding, with your chip stack, you probably average 8th or 9th place.

Calling and losing, you go out in 10th.

Calling and winning, you might average something like 3rd or 4th place.

Even if we say calling gives you a 50/50 chance (which you are probably slightly better than), I would imagine that the EV of calling -- the average of 4th and 10th place prizes, is significantly greater than the 8th place prize (given a typically escalating payout schedule).

It's a call from a straight odds perspective -- 54% vs. a random hand when they pot allows for a 43% call. When you factor in the EV ramifications of an escalating prize payoff, it's a must call.