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At $10 & $25NL FR I use the following w/ Axs & Kxs -
1) I'll open for a raise from the Bu or CO if folded to with the goal of taking down the blinds. If get called, will C-bet flop depending on read & board but won't go any further without major improvement...
2) I'll limp behind 2+ limpers in LP and w/out a maniac sitting to my left or in the blinds. I'm looking for a cheap stab at a hand that plays well multi-way -- basically at least two-pair or TP/FD to proceed post-flop.
3) I may raise a weak limper from LP ... again, I'm looking to steal, NOT make the best hand.
4) I won't cold call raises w/ this crap EXCEPT in the rare situation where you got 5-6 players who've called an EP min-raise and a lot of deep stacks. Then I might call but purely for flush potential. I'm not playing further if I don't get the made or 4-draw on the flop.
5) Most important.... Remember why you are playing the hand. You're looking to hit your flush. Don't get carried away 'cause your A4s hit on an Axx board...
A flopped flush draw can be expensive to play, 'cause a lot of times you're going to be denied pure pot odds (i.e. a PSB from villain on the flop...) and you're going to have to decide to call down a street based on implieds. And even those can be cut short, 'cause a lot of people shut down as soon as the 3rd to a flush hits the board, meaning you're likely to have a hard time playing for stacks.
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