Is there every a reason to fold Pocket Aces in Hold Em?

[Madison]

If 8 hands were played out to the river, AA would only win 12% of the time. That just gives people incentive to call with their J/4, which I've seen both online and in person too many times In the long run it's those people that lose though.

Speaking of playing live, at Winstar Casino in Oklahoma, they have a deal on Tuesdays between like 10AM and 3PM, that if your pocket aces get cracked and you call down to the river, you get $100. I know quite a few guys who play $4/$8 limit and $5/$10 limit who go up there on Tuesday specifically for that reason. Either they are going to win a big pot, or get the $100 and not lose anything on the hand. It's a pretty good deal and since your odds of picking up A/A is 1 in 220, over the course of 5 hours at 40-50 hands per hour, there are decent odds you will pick up A/A once per trip on average.