Originally Posted by Caterina
As rules of thumb I use: nut outs = implied odds. The more I have, the more I benefit from position and deep stacks. Bluffing or semibluffing: If it's a "fold equity board" (like 347r, 773, sss, etc), then I can bluff with hands that are not good enough to call a bet. If it's a normal board, then I need to represent a hand that has villain beat and my line needs to be in a way, that makes it easy for villain to "put me" on that hand.
1) I see no reason to raise in position. Villain leading here is often either a made hand he wants to protect (like he has), but usually not sets (players often will try to x/r those) or weak draws. By raising I represent mostly top two with redraws and sets, which villain (at this limit) often doesn't realize. I will fold out most of the weak draws (which I very much like to keep in), while villain is unlikely to let go of top two. If we get-in on the flop as a result of my raise, I have my equity, but make it easier for him to play his hand without mistakes (like the one he did on the river). The way he plays it, he will have no idea, where he is at on many turns, which he probably should check, but given his line, he may pot regardless. Seems to be a very beneficial situation.
oop the situation is quite different and I find it hard to answer the question without additional information. For example, if I was in the SB with this hand, I would 3bet against a BTN or CO open (CO, if BTN has folded). It's also very different, if we called in the BB with this hand against an UTG open or if we opened UTG and the BTN called, etc etc. But generally, if we are not the preflop aggressor and out of position, then it is kind of hard to actually have any calling hands against potsized cbets on the flop. This hand however can comfortably call, because it has its equity and its visibility, very precious things oop.
*micro stakes rambling inc*
It's kind of interesting, the question we should probably ask ourself before anything is: Which hands do we think our opponent is going to bet/fold, if we raise here? (We are not raising for value here, as the dominated draws often would fold to a raise).
Some villains pot any flop, if they are the PF-aggressor, so that bluff-raising with all of our jank becomes pretty profitable. Some villains only pot with superstrong hands, which they will never fold. From my experience at this limit, I would say that most villains cbet very little on most flops and also fold very little, if they get raised. Because of this, I'd mostly raise for value and actually lead with my bluffs.
Theoretically we should be bluffraising with hands that are too weak to call a bet and that have decent equity against villains bet/calling range. Since if we bluffraise, we need to barrel turn so often (villains call flopraises fairly light, probably just to "see if you are serious") our hand should probably sport some kind of backdoordraw. But honestly, since we get called so much, I'd much rather not make those light calls "better" by bluffing in this spot.
2) I have no idea. I think both folding and calling are fine. Reason for folding is that there is very little money left behind. If we were deeper it's a no brainer call imo (we can rep hearts sometimes on the river, too).