Quote Originally Posted by jackvance
I could be way off but isn't that simply that you let your timer run to fake weakness or something?
lol I think this is better known as "hollywooding".

Martin - I'm not totally sure, but I think it's basically what Lukie said. The optimal time to apply counter-play is at a table full of loose-passive calling stations. Say you pick up KQs on the button. Normally I raise to isolate and take it down on the flop with a c-bet. However, if your opponents are bad and will call down with bottom pair, then the value of raising preflop greatly decreases, so you just limp. If you miss on the flop, no big deal, just dump it. But if you hit a hand like TPGK, you can potentially take down a nice pot b/c they will call you down anyway. The obvious drawback is that you are letting the blinds (and other limpers) see the flop with whatever garbage they might have, but with good post-flop skill and position, counter-play can be very +EV.