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False. The game is identical. The number of trials has no effect on the expectation of each individual trial. You flip a coin and it's it's coming up heads half the time. If you get laid 1:1 on the flip then it's a breakeven proposition, and would be if it were done once or done 1,000,000 times.


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You're ignoring the opportunity cost of waiting. If calling is +EV but getting to play another random hand against the idiot has a higher +EV, then you fold. For the same reason, you'd play tighter against idiots in a tournament than, but looser in a cash game (even to the point of making slightly -EV plays).