right line of thinking here???

[THE OUTLAW]

A couple of weeks ago I was playing in a $1-$2 NL game at a casino close to my house. This game usually only gets going on the weekends (super-small poker room) but when it does the chips are basically handed to me.

A player whom I had played with once before at another casino sat in the game and immediately starting tearing the table up with his reckless style. After maybe an hour his $200 buy-in was at $1200+. From what I knew about this player he was OK but extremely over-confident. In the previous session we had played together he had $700 in front of him when I came to the table. He went up and down, did some dumb things, tilted, and eventually lost everything.

Our game started to get short and I figured that it was very likely that it might end up just the two of us playing HU. A thought occured to me as we got closer and closer to HU play...

Let's say we are evenly matched skillwise. I had about $200 in front of me which is what i had bought in for. And which was all I was willing to lose. Assuming the game got HU with this goofball sitting with $1200 which he would be willing to play all of, does that mean I'm getting 6 to 1 on my money in an evenly matched freezout?

That seems too good to be true and maybe I'm missing something. Any thoughts?