I've never done anything like this but when I've seen it on TV I often wonder why the community cards dealt the 'first time' aren't put back in to the deck, reshuffled and then dealt again for the 2nd deal?
Extreme example but if I get AK in pre v QQ for 300xbb and we agree to 'run it twice' I want 48% equity (or whatever it is) twice....
Not for it to come AAAKK the first time and be drawing to 1 out or a miracle flush/straight the 2nd time.
Am I being stupid?
What am I missing?
48% equity the first time and then potentially as little as, what, 7/8% equity the 2nd time? That's a big difference?
What you're missing is that it works the other way too. If you lose the first run out then your equity for the second run out will likely have increased. It balances out either way, and there is no change to your overall EV.