[PokrLikeItsProse]

Since everyone else is betting and raising, any betting and raising you do is pretty much meaningless. Therefore, your profit in this sort of game comes from two places: calling where other people would fold and folding where other people would call. You can loosen up and play hands that others would not preflop, but at the same time, you need to be more willing to dump marginal hands after the flop.

In a wild game where it is automatically capped on every street, playing on any street is pretty much committing yourself to a single large bet on each street. It makes your implied odds calculations relatively easy. You know you are going to get paid off big if you hit your hand. If you've ever played pot limit omaha, sometimes it is a matter of seeing a lot of flops and folding a lot on the flop, but sometimes having a hand that you can go to the river with on just a few hands makes for a profitable session. This is somewhat similar. You just need to take down a monster pot or three and you will probably be positive for the evening.

Slowplaying is probably bad at this table. On the flop, there is already a huge amount of money. You're happy to see anyone fold if they have a weak draw to beat you, while at the same time, you are happy to get called because they are probably calling you with weak holdings. Since you don't care whether you are called or not, you might as well bet and raise just in case they all of a sudden smarten up and check/call. Deception is wasted on stupid players. Of course, if they are capping every street, it probably makes no difference if you try to slowplay.

Generally, to play speculative hands such as suited connectors and pairs hoping to flop a set, you want five or more people seeing the flop. If you can get in for two bets and people are playing very badly after the flop, then you might be able to play with only four people on the flop. There are a great many hands which are slightly profitable, but the more of them that you play, the higher your variance is going to be. If you sat eight hours in this game and played any hand that is even marginally +EV, it would not be unusual to be up 1000 or down 500 at the end of the night, I would think. Which hands you should play depend on how well your opponents play, how readable they are so you can save bets when your fair hands are beat, and how large of a swing you can stomach.