Re: NL v. limit
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IMO the gulf in skill between good and bad players is WAY larger in limit. In the long run, a poor limit player is in far more trouble against a superior limit player than a poor NL player is against a poor NL player. In limit, the poorer player has no way to reduce the edge the superior player has in post-flop play, which he can eliminate in NL simply by going all-in. In the end, he will be crushed.
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Going all in doesnt reduce someones edge. All it does is negate any positional advantage your opponent has. Bad players by definition will go all-in at bad times where they are way behind. If anything going all-in for a bad player increases the good players edge. Play the $25 buy-in, you see a lot of really donkish stuff.
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