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With the extra information you've given now, I'd say it is a pretty tough decision. Certainly not a clear fold IMO, but now not quite a clear call either. On balance I think (assuming there are several micro-stacks) I'd be more inclined to fold. No doubt music to muse's ears 
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Doc can you stop winking at the end of your posts, you been chatting to
PR on msn or sumthing?
Theres always gona be 2 or 3 really short stacks at this point in the tourny with less than 10bb.
Btw its nice to hear exactly Quandrams stack size but it makes no different to whats been said on the thread. I thought we were both aware that wed be looking at a stack of between 10-20bb and thats the perspective I was speaking from. With 5bb or some small amount like that id call with 77 I was never saying that wasnt a call.
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I'd certainly agree that A-rag is one of his more likely hands. I guess in many ways this boils down to the fact that 77 is never a big favourite against anything but a lower pair or two lower cards. While these hands are possible they are (especially two unpaired babies) less likely. We all (at least muse and I!) agree that the 77 is probably ahead.
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Yes I was never doubting the 77 would win more often than not, I reckon 57/58% of the time around there. The ratio would be imo something like 60% of the time overcards (98o through AKs), 30% of the time overcard/undercard (82o through A7s) and 10% of the time another pocketpair or random awful low hand. A hand like AK (instead of 77) would win more like two thirds of the time here I reckon and is more worthy of a call.
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One other point worth mentioning here is that presumably the transition from 21 players to 20 means that you will go from 3 tables of 7 to 2 tables of 10. That change is important as you have 8 hands between blinds rather than 5.
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It is certainly a point worth mentioning and its exactly a reason why it is again a folding hand. As I previously said I really think I can get my money in better spot than this more likely than not whilst virtually guaranteeing (nothing is certain but I really think at this stage in an online tourny someones going out very very soon) I dont bubble. Who knows maybe I can just keep nicking blinds when I move in and make the final table without even having to have a showdown thus having a 0% chance of elimination.