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Originally Posted by Marm
Position loses a little importance, but you still have to be mindful of it.
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I use this style a lot in SnGs up to the 3rd level (BB = 20/30/50) however I am VERY MINDFUL of position! Hands I'll limp in from MP & LP will often as not be folded in the blinds or EP - such as
Being OOP is just too risky if you're still on a draw although with several limpers I'm assuming most of them are drawing also and the rest are playing small-mid pp.
Beavis also make a good point (he does sometimes doesn't he?
) that if the table is aggressive and playing tighter than 4 limpers, this style is best left for the LP when the opportunity presents itself - otherwise just revert back to a tighter style. Another thing that can upset this style is a LAA who is frequently aggressive preflop! His pf raises makes speculation expensive which is why I limit this style to the first 3 levels of play.
Also I'll abandon the style for a tighter one if my stack gets down by a third (1000 chips in a SnG) I figure I'll need at least those chips to make a come-back and if I get too low say 500-600 my raises become to easy to call or I'll get raised all-in too often. SS lack respect and I hate being picked at by a large stack so try to avoid getting that way. Spectualtive hands have to wait until my stack is more of a threat.
That's my 2 cents worth - with tax that comes to $1500.00. When can I expect payment?