Oh another strategy I was thinking about was smaller (less than pot) raises.
Example, if we have 800 in a 1/2 game and stacks are between 500-1500, we probably want to play with our effective stack. In order to get all the $ in post by just betting, we need an SPR of 13 or less. Realistically, 8-11 is probably ideal to get stacks in when we nail a flop.
So if we know in said 1/2 game that the hand will go off 8 ways, and there's 5 limps to us on the BTN (common scenario), full pot is 17. But why not raise to 10? You're still about as likely to get all the $ in the times you do hit, but you save $7 the times you miss. Dan Deppen discussed this as a viable strategy in his PLO8 book, and it sounds like it could be applicable in PLO high as well.
Example:
5 limps to you, you have A
9
8
5
. Decent hand but certainly no monster. Probably needs a 76Xr or
flop to have big value. But it's worth getting extra $ in, in case we do nail the flop and get to cooler someone. If 10 does the same job as 17, then why not make it 10?