Knowingly Taking the Worst of it

[Firefly]

I think i would only *knowingly* take say what figures to be a 40% chance to double up or get more chips if i knew that i could do something with those chips
This is more or less the 'blocks' that Gigabet was talking about. I don't deny that taking a slight shot at having a big stack is correct in only the right circumstaces. Generally I could see it if:
*You would have the ability to run over the table with a big stack or something like that. A situation where having the chips would notably improve your chances at a big finish. I don't think it matters if on the first hand of a party super (or whatever) someone went all in and you *knew* that he had KJ and you had QTs that this would be a call. Because those 1k chips that you would have little value because everyone else has only 1k and the blinds are small thus having the big stack isn't worth being an underdog because there is little profit from it

Now if blinds were 1k/2k and you were offered the same choice (60/40 underdog) BUT you would have the ability to become the table captain and have the ability to run over the table (on the bubble say) would be worth the small loss of -CEV because you would be able to pick up 3k worth of blinds much easier and without risking your stack.

Anyhow i hope this wan't rambling, good post