I get this situation so often its not even funny, I think this is my biggest leak at the moment. I have been able to fold when I am sure i am beat and able to save big money on those plays, but this situation just kills me.
I get AK preflop in the $25NL games, raise it 2-3 bucks depending on situation (I really dont like pocket pairs callin me here)...get one caller who has position on me and get a flop of rags. I try to follow up with another bet of the same size or maybe 2/3 pot and the guy behind me ALWAYS calls. On the turn I used to bet again but that did absolutely nothing so now I check, he bets, and I fold.
It seems that an A or K does not fall often enough to make up for my follow up bets on rags to make up for the lost money whenever I hit nothing.
Everywhere Ive read it says to follow up on my preflop raises no matter what but maybe at my stakes this just doesnt work.
What do you all do in this situation?
Also, when do you limp in with Ax suited? Only in late position with callers, or do you limp no matter what?