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Humphrind....
me getting caught bluffing a couple times at the beginning of the game usually doesnt cost me that much at all, because most the people I play with at these games are tight conservative folk who rarely raise more than twice the minium bet. Against this group of people it works great, as whenever I stay in till the river and theres a decent pot, lots of them dont want to fold as they reckon I'll probably be bluffing again, so they stay in and usually reraise me when all they got is like a pair of ducks, and I end up taking all their money of em!
I would definitely only play that strat against these guys, cos they are pretty much complete amateurs who have just learnt how to play and so cant see what im doing.
I dont always bet big on straight and flush draws, it all depends. Because half these guys are so predictable you can tell pretty much exactly what they got from the way they bet, so if im confident they got nothing decent then I will bet quite a reasonable amount, especially if its postflop and i got a possible strait and possible flush going.
one time it was down to just me and this one guy, and the turn just came up which gave me a four flush. The other guy raised me about half my bankroll, and I decided to call as I was quite confident he only had a pair. I got my club on the river, and ended up like tripling my money on that hand cos he tried to bluff his way out on a very low pair! risky but definitely worth it!
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