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Is it possible.....
you have too much time on your hands, whos the player :P
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A player of my acquaintence* (who did not, I'm pleased to say, play here), had quite a few results on his Live Poker Tourney Database, & was notorious for getting his money in bad, time after time.
He held the view that if he got his money in as a 40/60 dog enough times, he'd bink enough to be a profitable player. Nothing anyone could say would convince him otherwise. "I just have to win my 40-60 shots" he insisted.
* He no longer plays Poker, as he went busto, big time.
In fact, it took him a goodly while to go skinto, as he borrowed money to keep playing, stole money, & even got himself staked to play cash poker. All these things just mean't it took him longer to go skinto than would otherwise be the case.
My example was a Tourney player though, & not, as per your example, a cash player. Your point is very simple, but much misunderstood. It is fine to get it in as a 40/60 dog if you are getting 3/1, the maths never lie. But 90% of poker players don't recognize what a 40/60 is, or how to calculate the price they are getting. It's just basic maths, but unless they can do mental arithmetic quickly & reasonably accurately, they are going to find themselves glued to a yak.
obv calling on the turn will be +ev but the whole hand will be -ev.
This was exactly my line of thinking. However you'd have to find a never ending line of people offering you not stop equity at 60/40, with the 40% equity binking in the larger pots, and the 60% taking the loss in the smaller pots. Just would never seem like good poker, plus much of the time where said individual put themselves on 40% they could easily be far lower.
I guess I get where the guy was coming from partially, you could have alot of success with it in the short term, if you hit the right side of the 40% for awhile. But when it evens out it'd just be a money pit.
All this talk of monkeys is just a relation tool of the heart of the matter, which is if you have (either 1 or an infinite amount, your choice) of letters being randomly generated over an infinite amount of time, every combination of letters would eventually appear. My point is over an infinite time period this is highly likely, but it is possible (but incredibly unlikely) of it just to be the letter G over and over again infinitum.
Just tying into the opening post if I ever felt I was getting 60/1 I dont see me folding. Practical application being: Board at the turn reads 8s10sAc4c, you hold ducks. Could be drawing dead, Worst case scenario your drawing dead to a set, otherwise your likely to have 4.4% Say pot stands at 6k, forgetting implied odds if your simply calling on pot odds you can only call 5% of the pot, being 300. Your likely to be a 20/1 shot. Guy bets 100 into the 6k. your pretty much getting your 60/1.
I've played with people that ignore odds and probability, many of which simply arent math players, simply feel players. I see them get their money in bad alot, and quickly amass stacks. But 5 hours later when I get up to leave with the same 1 or 2 other guys who are coming away in real profit most nights, these feel players have gone, having gone broke hours before. Their style has its advantage. They know I wont race off £500 60/40 pre flop, probably not even 70/30. But there is no finesse in their game, so they are lost post flop.