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so.. pretending your $10 buyin is a $5 buyin isn't a negative?

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Not if half the field's already gone and the average stack is half what it otherwise would be. My point was just that the strategy should be exactly the same as that situation, so you can't really argue that this takes advantage a way as the proper strategy is just the proper strategy for another situation in which 2p2ers consider themselves to be +EV.