Re: a hand from 1/2 razz
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in the worst case scenario the hero has less than 30% equity
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Actually, you're right. When I did a sim earlier for villain having A234 I probably gave too wide of a range to the 8K guy. If 8K has a very tight range, and villain has A234, we are in bad shape indeed. But if he doesn't, then our equity is always greater than 1/3. So I think this is really a crucial point. Also, if there is ANY CHANCE, like even 10%, that villain has worse than a 4-card 5, then your equity will be above 1/3, even if 8K is perfect. The K8's call on 4th is so irrational that I have trouble giving him credit for anything. OP also refers to him as drunk or stupid.
I think I see your point in this application. In Sklansky's example, you caught a 7 and your opponent caught a 6, and your hands are thus probably closer in value.
Does the fact that this is 4 handed not keep you from putting opponents on such tight ranges? People are going to raise more aggressively on 3rd with worse holdings 4 handed than at full ring.
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