Quote:
This.
Am I misreading something? We are getting almost 2-1 on AK for 70 BBs and one hand is random?
It's not that slam dunk. Like, say V only ever has { AK, TT, JJ }. Against that and a random hand you're putting in a third of the money and your equity is 0.3424. And throw QQ+ into his range as well and you're down to 0.3123, so that would be -EV. The truth is somewhere in the middle there. I tend to think the truth is closer to the first range, so I'd get it in, but it can't ever be anything but a really marginal spot. I wouldn't blame someone for just dumping it if they didn't want to flip three ways for a buyin.
The surprising thing about AK is how limited it is against even remotely strong ranges. Against { QQ-TT, AQo+, AQs+ } you'd think it'd be awesome right? Only stuff you beat or tie with! It ekes out a slight fave at 53.9%. Add AA and KK in there and AK is an underdog. The flipside is that it's hard for AK to be a huge underdog against most ranges, unlike a hand like TT which gets crushed by a lot of hands.