Re: Reverse Implied Odds?
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With that many limpers, would you guys still raise it, or would it become a call at this point?
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I would just limp. At this point the EV of raising and calling is probably pretty close, but here it's better to pass up an equity edge to exploit one later in the hand. Pot size control, etc.
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The decision to raise or call here should probably be made on tactical considerations, though I agree with Jason that limping is usually going to be correct.
I'd raise if:
1. Some/most of the limpers are weak post-flop my pre-flop raise might buy fold equity.
2. Some of my opponents play VERY bad hands. If, for example, this were at the 2/4 at Foxwoods, where players would be likely to be limping hands like J7o and T6o and so on, I might raise simply because my equity is likely to be higher than usual.
3. If the blinds are really tight, and I could definitely eliminate them, I like raising. The reason is that the dead money provided by two folded blinds increases our overlay in the pot. If the blinds are not very tight, we lose too much in raising (because of the pot control issues Jason mentioned).
Personally, I would raise AQo here in most situations. AJo and KQo would be the strongest offsuit hands I'd limp here. Suited hands like KJs and A8s becomes easy equity-edge raises here.
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