Quote Originally Posted by renton
Example 1:

Thinking opposition opens a wide range (we'll say 30% of holdings) and we are on the button. We have 3 ways of exploiting this player:

1. 3-bet for value
2. 3-bet as a bluff
3. call and exploit postflop

We don't have many reads on this player but we can safely assume that like most players, he is going to fold his open to 3-bets an exploitably large amount.

So as an example within the example, lets say our hand is 98s. What is the optimal play in a vaccum?

Hard to say. Since we think our friend is going to fold a ton to 3-bets, it is highly likely that 3-betting is optimal, due to a high amount of preflop fold equity. However, 98s is a great hand postflop, and can continue on a very high %age of flops, so we are also certain that its profitable to coldcall with. So do we 3-bet or call? Probably 3-bet if we feel that given gameflow he's gonna fold 85% of time.

However, even if he folds a massive amount of the time, the best play for our entire range is to call.

In this situation our ranges are subdivided as follows:

A = {QQ+ AK}. These are hands we'd be glad to stack off with, and should 3-bet for value and get it in.

B = {55-JJ, AJ-AQ, KQ, suited broadways, suited connectors, some 22-44}. These hands aren't comfortable stacking off and are certainly profitable to coldcall.

C = {22-44, gappers, offsuit aces/broadways}. These are hands that are slightly too weak/unplayable to call, and we elect to 3-bet these as bluffs/semibluffs.

D = {the rest}. Have almost no value and we fold.
I have infact read it once Stax, but it was certainly worth a reread, I got more from it, thanks. I resuggest it to anyone who hasn't yet read it.
So does his statment apply to micro stakes? I would have to assume it does. He says all that I said pretty much, except about the Ax Suited, unless he used a term i'm not familiar with.(That's right, I'm comfortable admiting that!)(Right?)