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Originally Posted by TeamKB
that's nice.. but its pretty devoid of theory on WHY certain hands are good for limping or raising or folding in certain situations and WHEN those situations are. sounds like a lot of randomization without direct causal purpose... "stealing with junk"... "most hands i raise some but not all the time, varying ratios" "based on my personality" (as opposed to math/reasoning)..
not to pick on you, asian.. b/c i respect your posts in general.. but this is representative 95% of the entire thread. there isn't much understanding of poker theory in ANY of the responses.. even the ones i agree with.
Spelling that out would require writing a book. I can point to books that propose mixed strategies. I'm kind of reluctant to go deeper into discussion until someone demonstrates they have read some of those books or have derived some of those ideas on their own.
But let's go with the idea of using junk to steal. You have NLHE:T&P as a book that, honestly, everyone who posts regularly should have read. Specifically, I'm going to require you to have read Concept #27.
Let's say you are on the button. There are hands you would at least call with and sometimes raise with for value. There are other hands that you are normally going to fold. If a bunch of people limp in, there are times when the money in the pot is sufficient that you think a raise is +EV just on the chances that you take the pot down right there, so sometimes you bluff. Actually, any two cards could be considered a semi-bluff in that spot. You shouldn't pick those semi-bluffing hands from the hands you would call with, especially hands that you would limp-call with if one of the blinds raised and most of the limpers call, because you make your hand worthless if you get three-bet. So, your semi-bluffing hands should come from your hands you otherwise would fold.
The example given by Sklansky and Miller is raising with K7s when squeezing two callers after a preflop raiser because it has a better chance of making a hand than complete trash if you get called. We're talking about a limped pot here, where I think K7s is usually a call after several limpers. In this scenario of raising on the button, my range is going to be heavily towards pairs and big cards. While you don't need to be perfectly balanced at low stakes, you may need some balance when playing against opponents who are paying some attention.
What are the worst flops for a range strongly weighted towards premium hands? Flops where your opponent can plausibly represent a small or medium straight. So, I'm probably picking out hands like 64o or 74s if I am folding those in limped pots (and those may be calling hands against some lineups).