[youtalkfunny]

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I have extremely limited live-tourney experience but some of the awful deals I have seen and heard about it, including this situation, lead me to believe that even with typically high-ish juice and lousy structures that those things can still be REALLY +EV.

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Believe it. The players in these things are SO BAD, you can't believe it. Anyone who's studied TPFAP and HOH has a massive EV edge.