BlondeFish;196305 wroteIn cash games, I simply try to maximize my EV without worrying about variance, but I notice a lot of cash game players are terrified of variance and give up EV. For example, I don't mind taking so-called "coin-flips' if I think my EV is at least $0.01!
Tournaments can be tougher to figure out the profit-maximizing play as chip EV (cEV) can be very different from money EV ($EV). There are SOME situations where I pass up on +cEV plays as it can be more profitable to reduce the risk of getting eliminated, but I notice some players misapply Sklansky's theory and avoid too many profitable plays. There are a lot of situations where I have put my entire tournament life on "a less than a made hand" since I thought that my $EV was greater than zero.
Is one of the missed profitable plays folding when most of the table limps in? im not sure if im right but aren't you supposed to call when there are alot of people in the pot like that? I'd like to know if thats what you mean because its something I started doing...and i notice not alot of other people do, so i wonder if im wrong on that