I play in a 3-6 Limit game at Boulder Station in Las Vegas. Most of the day the game is very loose passive pre-flop. In the morning/early afternoon pre-flop is EXTREMELY loose passive.
The morning/early afternoon crowd is usually retirees and I have a very large observational sample on them because I play against the same people a lot.
Also, there is a $500 dollar quad flopper bonus so I believe many of these players don't want to open raise any PP because they want to get to a flop to win the bonus. There are also bonus' for the steel wheel, Royals and Straight Flushes, so people want to make sure they get to a flop/turn/river with these hands.
When one of these older loose passives opens, I am estimating there range is maybe 50% AA, some KK and honestly not much more than that unless they only have a couple chips left and are going almost all in or all in.
Assuming I am not making a mental/strategy error by not playing a standard "GTO" range IP vs. one of these people open, what the hell can I play? Can I still possibly play a 3-bet or fold range, should I make cold calls because people will call behind usually....They are so damn tight with their opens.
If one of these people opens and there are multiple callers before it gets to me when I'm IP, what can I play?
*It's obvious but i forgot to mention, tons of limping, Hardly any open raising at all from this crowd.