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I also once wondered this same question so I kept track of whats more profitable and whats more wise to do in order to lose less money. And it goes like this.
If a player in any position raises preflop before you and these is either a: a extra player who calls that raise, now making the pot family as opposed to heads up or b: you are say in middle position with AK and there are many players left after you to possibly call making the pot a family pot as opposed to heads up. What you want to do here is to isolate the pot making sure you get heads up and also get checked to on the flop since you are now in command so that you can also check giving yourself a free card in case you miss the flop, which you are going to do most ofthe time... so I re-raise my opponent about 3.5x his total preflop raise bet, for example, if he raises to $1.00 at your limits post-flop, I would re-raise him to $3.50. Now if he calls that bet and you miss the flop, and he checks to you, DO NOT BLUFF/BET! Hes going to call. Instead, Check/fold the hand on the flop, then raise or bet if you hit on the turn, and call on the river if you hit, ( I think re-raising the river in late position is ignorant without the nuts)
Now the only time I really dont suggest re-raising preflop with AK is when your in late position, so far the only player in the pot is the pre-flop raiser which means your probably goin to see this pot heads up if you just call, since there are only a few more players to act after you. On occasion I will go ahead and re-raise a player who comes in with a raise from late position if im in even later position say hes seat 7 and im seat 9 (button) because more then likely hes goin to fold his hand preflop the later in position he is, remember the later in position he his to raising preflop, the more likely he will be to fold to a re-raise. Also, remember that AK is not that strong, I know alot of people on here think its super strong, but its really not unless your goin to see all 5 community cards. Ak is dominated agaisnt even 22 to the flop.
Now lets say you are in a blind with AK and a player raises preflop, NEVER EVER re-raise, hes goin to call 99.999999999999999999%, well not exactly, but your opponent will call most often, of which your goin to miss the flop 70% of time and now your FuCkEd. You'll Check to him showing your weakness, he'll bet at you and you'll fold. Not smart in my opinion. Just smooth call a preflop raise considering its a standard preflop raise (costing you 2:1 or better) and either hit your hand and bet or miss and check/fold.
Now you might ask what if there are many players that have called the preflop raise and your in blind with your AK...what about getting heads up, well this is the most trickiest, just call but be very aware of the set. If you hit your hand, and you bet and then are re-raised, throw it away, this is a aggressive play saying your not goin to pay off the set. 88% of the time theyre not goin to make the set and your goin to win, So let them have there pot and move on to the next one.
I cant tell you the last time I replied to a poker question on here because im normally the one asking them, im a $1-$2 no limit player who just tries to make the gang, but when I seen this question this is one that I also once pondered for a long time so I kept track of it just like anything else I question myself about to see whats best to do. And in my opinion this is with out a doubt the best thing to do. Good Luck
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