Re:bad advice
smokes,
with all due respect, this is awful advice, and awful analysis.
unless you are in a tournament where several places all finish equally, like a super satellites, i can think of NO reason to muck AA preflop. i have actually mucked in preflop, in a super satellite with 7 players left, six seats given, and i was the chip leader, with two very short stacks who wouldn't get past the blinds.
up top i posted:
if you call, five of you are all in. therefore, if you win more then 20% of the time you show a profit. with aa you certainly win more then 20%. you are maximizing your expectation by calling. however, you also increase your fluctuations. if you can't afford short term swings i guess you can fold. but calling here shows a nice profit over your poker career, and is the correct play.
i wrote the above about a cash game about a cash game. however, if a tournament with escalating blinds it is rarely correct to fold AA. mathematically it almost can not be correct.
here is an example of a possible reason to fold AA. if your a player like phil ivy, in a small tournament, with low blinds, deep stacks, and you have a HUGE advantage over the field, if a bunch of players are all in, you might not want to play AA here, because you believe that you have a greater advantage in the rest of the tournament by folding. but even then.....
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