I forgot, I wanted to briefly mention this cash hand I had over the weekend. I was playing some 50NL, and I found QQ in the BB. So I think six or seven people limped in before me, so I raise it up to $2.50 to get some of the riff raff out of there. UTG immediately re-raises to
$8, and it's folded around to me. So, my first thought it that he has aces, and his range probably isn't much more than AK, QQ-AA. I talked to Okie Lite
about it, and he had a slightly wider range (1010-AA), but I like my range, and I think it's most likely that he has KK or AA.
So, it's $5.50 to call into a $12 pot, so I'm only getting 2.5:1 to call, which are not great odds considering I'm probably a 4:1 dog. However, this is where my thoughts on implied odds came into play. We both had about $50 at the start of the hand, and if he does, in fact, have Aces, there's a good chance I can get his money if I have the better hand. So in that case, my implied odds are more like 20:1. The odds I flop a set are 7:1, so I decided to make the call, and most likely dump the hand if I don't hit a set or some other great looking flop.
Fortunately for me, I did, in fact, flop a queen, and I decided to check. I could have bet my set there (Hell, I probably could have pushed and he would have called), but I just knew he was going to bet out big, and he did and bet out $10. He had $32 left after that, so I did the uber-donk and min-raised him to $20. He insta-pushed and I insta-called, and sure he enough, he flipped over his aces, and I picked up a $95 pot.
Now, looking back, the check min-raise move probably wasn't the best idea. If I'm playing a skilled player, the check-raise looks pretty suspicious, especially considering that unless I'm an idiot I have to be hip to the idea that he has aces. Now, if I had bet out the flop, I make it look like I have something like AQ, and he's muchmore secure in the fact that his aces are goot and he will donate more willingly. Of course, this is 50NL, so he's a donkey and will gladly take his aces to the felt, but just something I should keep in mind for the future.