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[QUOTE="Dorkus Malorkus, post: 349601, member: 6020"]
Ok.
  
  EV = Expected Value = Average profit/loss in the long run that a certain action gives.
  
  Pot Odds = Amount of money that is in the pot in relation to how much you must put in to pay for a draw.
  
 Implied Odds = How much money you can expect to make given that you hit your draw in relation to the pot size and how much you must pay to draw.
  
 In specific relation to tourneys, you're right sometimes the statistically sound option is not the right one, simply because of the tournament environment. Ring games are largely games of pushing slight edges, as you can reload if you lose, but in a tournament once you lose your stack, you're done.
  
 Thus the 1500 (or whatever) starting chips have much more importance than the $200 worth of chips you buy in for in a 200NL game. This is why many people don't advocate making moves very early in a tourney - if you push a 55/45 edge it is technically +EV, however your [i]tournament[/i] EV is negative, as if you were to win, the 3000 chips you have with 10/20 blinds is not a huge improvement, and has not doubled your earning expectations from the tournament (how often do you see a chip leader in the first few levels of a tourney go on to win the thing or even place well?), whereas in a ring game doubling from $200 to $400 has exactly the effect it advertises - it's doubled your money.
  
 Basically the lesson here is adapting to the tournament environment, which sometimes involves looking at hands from a wider perspective. A similar example would be if you're very shortstacked (say you have 5BB in fromt of you) in a tournament and UTG with ATo. It's obviously a push, but not in a cash game as you can just fold, reload, and play on.
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