Shortstacked 99 in big blind facing raise

[DonT77]

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From what I have been reading regarding the SNG, it should be used not to maximize EV, but to instead minimize variance. Is this a correct assumption?

If that is the case, why even keep this in your arsenal? If I push PF and they catch, well that's poker, we flipped and I lost. If I SNG and they hit, they stack me, if they miss I'm losing cEV because the rest of my chips didn't get into the pot when I was a 3:1 favorite.

Wouldn't you take the higher variance move to try to get that double up to do some real damage, instead of minimizing the chips you win when you're ahead?

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You are correct that you lose out on the additional 8BBs that you would have won had you pushed and won in this situation and that is the price of running the SnG.

IMO, if you never used the SnG your long-term results wouldn't suffer much at all because -
1) The conditions for it to be applied properly come up so rarely
2) The results are usually only marginally better than pushing over the OR