Re: getting it heads up with the intention of check-calling down
This kind of play comes up VERY often in hi-lo games, where any pot that's 3 or more players will often get capped on each street up to (and perhaps including) the end. It can be useful in a 1 - winner games, however, both when you are drawing (esp. if pairing can also win) and when you have a vulnerable "made" mediocrity in a large pot.
It will come up much more often in a holdem if the game is agressive, and particularly loose-aggressive. There are several reasons for this. Perhaps there's an essay here somewhere...
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