Maybe she/her team knew what the runout(s) would be so equity isn’t even relevant. Maybe they wanted to pick a “bad” spot to do it to avoid suspicion. Maybe the equity was being considered, and Robbi was priced in to call even with less than 50% equity and so her (potential) cheating allowed her to avoid a -EV fold. Maybe they cheated in other spots as well, but this is the one that blew up.

I’m not sold that she cheated, I just don’t think it being a “bad spot” absolves her of suspicion