is it better to fold pre-flop in an easy game w/ jacks?

[awakuni]

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When you play against a table full of bad players with different stack sizes, the value of your chips is close to linear, and there is little reason to be risk-averse.

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as just a side thought, if i thought i was a much better player than everybody else at the table aren't my chips even more valuable because in theory i can do more with them and should actually be a little more risk-adverse?