How much edge does position give you?

[Justin A]

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Lets say he's a typical 28/12 player who is little too loose and a little to passive. He doesnt make good folds, doesnt understand his hand values as well as he should etc...

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Ok, I think his hand range is basically all hands that do not dominate KJo. AJ, KQ, etc. would all be raising. I think you're looking at a bunch of suited and pair type hands, probably ranging from Axs to suited one gappers.