Re: Tourney situation. Omaha version of classic Holdem AA question
 

Go to the hold'em MTT forums and ask if you should fold knowing you're going to be a 2:1 favorite with a slightly below average stack on the bubble. The answer is absolutely not. The payouts for just cashing are always pretty inconsequential compared to those at the final table for any kind of MTT.

Also, never ever skip the add-on. You're getting more chips for the same price as your initial buy-in. If it was worth it to buy 1000 chips for $5, how can it not be worth it to buy 1500 for the same price? (Guessing as to the starting chip stacks and add-on for this tourney. Have no idea what the actual numbers are.)

Re: Tourney situation. Omaha version of classic Holdem AA question
 

I know it was incorrect. He was just goofing off. Thats why I gave him credit, I didn't think he'd get far at all. Neither did he...thats why it is so classic. hah.

Re: Tourney situation. Omaha version of classic Holdem AA question
 

Folding in these situations should be saved for one of the following scenarios:

1) you're on the bubble in a super satellite (1st place = 24th place)

2) you entered a tourney that is worth a significant % (say 20% or more) of your bankroll and squeaking into the money will give you a lot of money by your standards, and you'll go tilty if you lose. (of course, you shouldn't be playing this tourney in the first place).

Also, let's get something clear about the EV of folding vs pushing. At this stage of the tourney, your chip value is still very close to your $ value. Based on the prize pool, the total # of chips in play should be very close to 1 million, so the final 24 will have an average of around 40k chips. As such your 20K stack is worth about $60 and a 43K stack is worth about $130.

The EV of a push is, assuming 2/3 equity, is:

EV = (2/3)*130 - 60 = $27

In order for this to be a -EV play, the $ value of a 43K stack must be only 50% more than a 20K stack. There is absolutely no way that this is the case here.

Re: Tourney situation. Omaha version of classic Holdem AA question
 

I think you should save this kind of dilemma for a hand that deserves it, somehting like AQ54 ds or sometihng like that.