Biggest Online Winner (BOW) Strategy

[mayesie]

Hello All,
I'd like to discuss the strategy used by the "Biggest Online Winner (BOW)", as described in Phil Gordon's Little Green Book. For those who haven't read the book, here's a brief description of the BOW strategy used in NL Cash Games (as referenced in the book on pp 246):

1. Get in the pot cheaply

2. Massively overbet with some premium draws

3. Massively overbet with the nuts or the best hand


Here's an example (also referenced from the book on pp 246):

After the flop the pot is 500.00
BOW has 5,000.00
I have 5,000.00 and Ac Kd
The flop comes down: Ah 7s 6s
BOW moves all-in


Here are some specifics I'd like to discuss:

1) Has anyone used this strategy? If so, what's your opinion of it? If not, feel free to give your opinion.

2) Do you believe this strategy to be effective w/ a standard buy-in of 100 BB?

3) For the purpose of using this strategy, could a clean 8-out draw be considered "Premium" on the flop? I think that the combination of Fold Equity & the Odds of making your hand make this a profitable play (though alot of other factors come into consideration, such as number of opponents & reads).


I know that many, many factors come to mind anytime one decides how to play a given holding. If you think it'll improve the quality of this post, I'll create some hands &
post them.


Thanks In Advance,
mayesie