Quote:
Originally Posted by zorzak
I've seen this in a few of your posts. EV of folding is always zero and not negative, the money in the pot isnt ours anymore.
Wrong, and it's a common mistake people make when comparing strategies.
When you look at one individual situation - you have hand X, are on street Y and are faced with Z - then yes, the money that's already in the pot isn't yours anymore, so folding is Zero-EV. Best example is when you have a strong hand and already decided a strategy for it - then either the board runs out in a very unfortunate way or your opponent makes some unexpected move - and you're trying to figure out what to do. Now the money that's already in the pot doesn't matter anymore, you need to decide what to do about the new, unexpected situation.
But when comparing strategies, you're trying to figure out what to do every single time you got dealt that hand in that situation. Here, you're trying to figure out what to do with A2-6 in the SB for 25bb.
And now, we really need to look at this from the beginning of the hand. If folding still was zero-EV here, then you could just openfold any Ax every single time you get it in the SB at these stack sizes without facing any consequences. But that's not true, openfolding will cost you money - do it 50 times in a row and you're down a buy-in.