Re: Hypothetical Question
To put it in your language Sparks, you'd have to look at a fold as losing $20. So 5 folds is -$100. Calling loses less, so it's +EV.
Personally, I think this is a very confusing way to look at the math, so I avoid it, but it's no less correct. I prefer to look at the money in the pot as dead, and folding is $0 EV. Either way, calling Ax is the play, worth over 1/2 SB / hand.
good luck.
eric
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