I folded AA. Was this the correct move?

[Foo King]

but it was too late to change. Thanks.

[Zaebos]

Zero variance? What if they tie?

[zephyr]

It seems like every couple of days there's another post regarding folding aces. Here's my hubble advice:

NEVER FOLD ACES PREFLOP. NEVER.

Of course there's the hypothetical times when you're in the BB on the first hand and all of the other players go all in, or the hypothetical situation in TPFAP, but really, how often do you find yourself in these situations?

PS I think you should've called.

[Cleveland Guy]

I still think it was the right play.

Final Table of an MTT - 8 people left, and prizes start escalating quickly here. I'm in 2nd chip position, and on the button.

EP is the short stack - and he moves all in. Raised by guy in LP. Re- raised all in by the guy in CO by the Big stack at the table.

I decide I don't care my cards, I'm not gonna tangle with the only guy who can take me out here - so I fold.

Right or wrong - I went on to win it all - so I guess it at least paid off.

[sammy_g]

I call. You haven't told us the payout structure, though.

[durron597]

Well.... the situation would have to be extreme to the utmost, which this isn't. There was a situation earlier on the MTT forum (I forget who posted it) where the guy lost in the SB and had like T700 left with the blinds T5000/T10000 on the button; 18 places pay 21 players left. Since even 4xing up would still barely give him half a small blind, so say he managed to 4x himself and then 3x himself he STILL wouldn't be able to post the BB without going allin. Thus his chances for moving up in the money were essentially zero, not enough to compensate for the chance his aces would lose.

But anyway, this situation is not nearly as extreme as that one, since you have a very good chance of taking first if you call. So, easy call.

[zephyr]

From a mathematical point of view it's a definite call. From an emotional point of view, it gets a little closer. If having your aces cracked is gonna send you into a month long tilt, where you go on to lose a good chunk of your bankroll then fold away.

"Fortune favors the bold"

[Cleveland Guy]

Ive had AA cracked my fair share of times - so It by itself wasn't going to send me on tilt.

As you said I was probably playing the emotion. I didn't want to bust out in 8th - to the one guy who could have busted me, when I was looking at a top 3 finish.

[adanthar]

Were you 80% sure you could make it to the top 3 without doubling your chips?

I'd autocall, because as the massive chipleader, I'd be 80% sure I could make it to top 2. I play my best game shorthanded, though.

[Cleveland Guy]

I was probably foolishly 100% Sure.

Like I said - It was made on emotion. I would have been totally PO'd to go from 2nd to out in one hand.

To me it was all risk/reward.
Risk - out in 8th (bout 4x the buy in)
Reward - still in dominating chip position