[THAY3R]

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I have seen that hand history posted several places, but to me it raises a serious question: Why would someone who could see the cards call as only a 3-1 favorite? Admittedly it was the other player all in, but why not simply let the hand go and get them all in when a bigger favorite?

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Lol?

With perfect information and a decent risk tolerance, you should be calling as a 51-49 favorite. (granted that doing that will probably expose you as a cheater, but still).

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Not in a tournament. If you had perfect information(hole cards) you could basically win the tournament without ever being all in.

I have tried this out many times on some poker game I can't remember the name of.

I would play out like a 5000 person WSOP Main Event structure where I could see hole cards and would never lose, just basically playing small ball and then making sick overbets for value.