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Originally Posted by DrChesspain
You seem to be making a number of unrealistically hopeful assumptions, such as your opponents will play fit-or-fold with pairs when you miss the flop, but will blinding call you down with worse aces or jacks when you when hit.
They don't seem very unrealistic ime. The hitch is that most of the time when you hit, if you're up vs a fit/fold villain, they will miss and just fold. So if you're getting folds 70% of the time when you miss, then that means you are only getting paid on your pairs 30% of the time.
Obviously this will depend on what type of villain you are up against, and the general field, but my experience is that most people up to 1/3 will play circa 20% of hands and never fold top pair or better.
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In addition, you're not addressing how often that you will flop an ace or jack and your opponent, playing in position, is going to take you to value-town with a better hand.
If we're at a table where opening AJo is profitable, then that will happen slightly under half the time. For a value bet to be +EV, your villain's continuing range has to have 50% exactly or greater.
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Finally, solid grinders in LLSNL are not making their profits with plays like raising from UTG with AJo, which most posters would agree is probably close to EV neutral.
The kind of players that crush, the players that move up and solidly pound stakes higher than 2/5, take +EV lines anywhere and everywhere they can find them. I won't say that opening AJo utg is always profitable, but it's ridiculous to say that it's never profitable, and if you're a crusher, and opening AJo utg is profitable in your game,
you open AJo utg, and that's that.