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It can be a crap shot but you'll get a better crap if you hold the nuts.

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Well, if you're waiting for the nuts then this particular type of player will make a fortune against you all the times you don't have the nuts.

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Lets think this through, I am in a 9 person ring. I and everyone else pays the blind 2 times out of nine. This player is all in pre-flop. I lose 1 1/2 BB a round as do the others at the table. The lose player is going all in pre-flop several times in a few rounds. My loss is minimal.

When I am ready to goto showdown my gain is maximal and far exceeds my loss. My reasoning is this player will likely get knocked out before I get to showdown with him which is fine. If I use the correct reasoning and my opportunity comes then I will move, even if there are one or two others left in the action, with the right holding.

Playing this any other way IMO is submitting to his lose agressive style and joining him.

Monty