[Peter_rus]

I think you should play looser with high flopping equity cards preflop (big cards) but avoid playing hands with high implyed equity. If game is very loose you can play hands that have +ev in multyway pots in terms of w$SD probability, but not in terms of implyed odds equity.

This game is way more about preflop decisions. Postflop game now means way less.

I'll expand a bit the task:

Lets say there is 1,2 and 4$ blinds. Postflop play goes 0.1$/0.2$ (so you are obviously don't care about postflop).

The only big mistake you can do in this game is preflop mistake. Let's say you're button and everybody folded - you should raise A5o routinely and fold T9s routinaly as well if smaller blinds are likely to fold. If they likely to call any hands - you should raise all hands that have more than 25% probability to win at showdown against 3 random hands.

Obviously this game is simple. But you will crush your opponents if they play bad preflop.

Edit: After posting this - read the answers and find that this thought is already in this thread. Oops, i'm not the monkey.