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1. When people say BB talking about limit, they always mean Big Bet. Most times you hear BB talked about in no limit, they will always mean big blind. Poker Tracker keeps track of your progress - even in no limit - in terms of Big Bets (BB) / 100 hands. That's the main reason why you'd ever hear a NL conversation where BB meant Big Bet - when it involved poker tracker.
2. Bet out like 2/3 of the pot. Generally raise 4xBB preflop no 3, too. So, in .5/1 if you raise to 4 with one caller, bet maybe 6 on the flop with a pot of 9ish. If two called, and the pot is 12ish, bet out 7-9. Continuation bets can take some finesse sometimes, but they're really not hard to be good at.
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