[jjshabado]

This should probably be in a strategy forum, but it fits the topic.

Lets say this is right on the bubble. If Hank loses he receives $0, if he folds, its likely some other person will go out and he'll be finish in the money. It would seem to me that at this point 1 chip (well, realistically some small number of chips to survive antes/blinds for an orbit or two) is worth a hell of a lot more money than the rest of his chips. So while he might be getting the odds based on tournament chips, he's not getting the odds when considering real money and so he should fold.

Now back off one step to the bubble bubble, should he still fold? At what point do we revert to purely chip EV? If we never do, then just getting your pot odds is always a fold. How do you determine that "extra odds" you need to make calls in tournaments?

Edit: Sorry for posting this, since its mostly been covered, I only saw the first 50 posts. I missed the second page of posts.