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Originally Posted by the alex
The day you fold Aces before the flop is the last day you should ever play poker.
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With all due respect, I strongly disagree. There is a very limited and specific time by which folding pocket aces is not only acceptable but oftentimes prudent.
Ready? Say you're in some sort of a no-limit tournament. The top, I dunno, let's say 40, get paid. You have a
decent stack, but you're probably not going to win the whole thing. There are 41, maybe 42 players left, 3 of whom are on the ropes and will get sucked up by blinds and/or antes in relatively short order. A significantly larger (or moderately larger, there's fudging room here) chip stack goes all in on you. You have the edge in cards, yes...but do you really want to risk it? Do you really want to finish 41st because you made your move a hand or two too soon and busted out just outside the money? The guy who just went all in on you is just fine--even if he loses, he's still in the game.
The prudent course of action here (and one I myself have taken in this exact situation) is to let the hand go and chuck the pocket bullets, move on and forget about it. Your objective in that situation is to see to it that you get into the money first and foremost. Adding to your stack is a secondary consideration. I'll toss in an extra big blind level bet here or there on great hole cards just to see if I can't flop something, but never enough to where I put getting into the money line at risk. All you have to do is wait out the people in their dying gasps or wait for someone else to make a power play and lose, then you can get back to playing your game the way you normally would.
I guard my chips so heavily when the cutoff between leaving with nothing and leaving with a check gets close you'd think I had the damn things vaccuum sealed and locked away in a vault. Opponents can't get a damn thing out of me during that time frame.
Point is--there is a time and a place when chucking them is the smart, if painful, play.