sanity check on all-in play which cost me 2nd

[David BB]

Made an error in the example where you bet all-in. Of course you don't finish outside the money if you go broke but take 3rd place. You will end up winning 200$ 25% of the time (not 0$ 20% of the time and 200$ 5% of the time) so your EV would be 355$ making the all-in bet your best move. And thats not even considering the posibillity that your opponent might fold.