In low-M situations, I believe it might be correct to take the worst of it if in a multiway pot if we can e.g. quadruple up.

Say there's 3 other stacks involved and we're in the BB with some PP and M=5.

We're probably -chipEV by pushing something like 99-TT into it, but I believe the added bonus of getting that many chips now (if we win), rather than much later by doubling up twice (potentially as a dog too) compensates for it?

Discuss!

I believe it is incorrect, to play hands such as 55-JJ even when you are shortstacked with 3+ players covering you in the pot already. The reason for this is that these pair hands significantly decrease in value against a multitude of players. With a chance to quad up, i would prefer, JTs, 56s, 78s, even 910os for generally they function much better with mutilway action. Of course this is not to devalue the strength of these pair hands when they are heads up. With a low M, placing yourself in a situation when you can double up is a great idea as most of the time you are 50/50 to win opposed to the multiway situation where you have lost tons of expected value.