In the long run, you will always lose, no matter how well you know how to play. Jackpot wins improve the situation a bit, but still don't make the game profitable. A winrate of 3-5BB losses per 100 hands would be a very good result.

With a small number of hands there is a probability to be in profit, but it is always less than 50% and you will more often find yourself losing than winning. As for the possibility to multiply your bankroll, the chances of achieving this in AoF are less than in French Roulette.

Special tricks reduce your losses a bit, but still won't put you in the profit.

For those of us not on GG, can you explain what you are talking about?

Im interested to know why you think so or know so? What tricks are you talking about?

I've been doing some modeling of this game and thought I'd share the results. I have a more or less complete publication on this topic in three parts. I'm not a forum regular and don't understand how to post the full text. Any link will get me blocked immediately. Look for the title "Why you shouldn't play All-in or Fold (AoF) on the GG Network".
P.S. I apologize for the quality of English, it is not my native language and the translation is done automatically.

The rules of AoF are quite simple. There are four players at the table, each of whom is dealt two cards. Based on these cards, players must decide whether to discard them and leave the game or keep them and go all-in, putting their entire stack into the pot. Then, five community cards are revealed. The winner is the player who has assembled the best combination according to the rules of Texas Hold'em

By "leave the game", you just mean that you folded and you are waiting for the next hand, right?

Yes

I see there is a lot of regulars playing it tho. When jackpot is about $850K, guys like Leumas, ABX23 start spamming it and seems to play legit all tables. they both has lots of jackpots winnings aswell.

Do you think they might be running >1% top run? I thought they were the ones with profitable strategy approach.

Guys mtts regs like Niko Soininen also playing a lot of AoF last weeks.

It is difficult for me to answer this question on its own merits. I have not been able to find or purchase the AoF hand history anywhere. The sources I know of do not parse it.
I can assume that the regulars have additional income from the game. It could be an increased rakeback or even a portion of the rake collected at the table they play at. I don't know about online poker, but in live poker clubs this is a common phenomenon. Such people are taken to organize and maintain the game, especially in new clubs or for new types of games.
The second assumption (I haven't checked it) is that you should play when the jackpot is high - $800,000 or more. This can make the game break even.

Right now jackpot is 760k and regs are also playing.
I want to know so badly why are they playing it and how they are making profit. This mode is piss easy. I've spend like 2 hours and memorized all GTO ranges for all situations and can easly play 10 tables.

On a side note I am new to GGNetwork so I don't know for how long these regs been on the platform but one though I had was that people might be abusing Killer Whale promo(50% rakeback) + new account deposit bonus, which might give a profit.
I really wish some AoF reg could shed some light.

Guys what jackpot are you talking about? I see that at the 1000 buyin table there is only an 85k jackpot if you make a straight flush or better

This is not Bad Beat, but Jackpot AoF. It is paid out for a straight flush collected without the opponent's participation

My guess is these people are making money off rakeraces offered by various affiliates. Most of these regs have zero hand history on any other mode offered by GGPoker which makes me assume that those are alternate accounts created via 3rd party affiliates purely with intention of grinding rake on this mode.