Originally Posted by Stu_Ungar
what you cant do is to play fit or fold setmining.
CO/BTN ranges are too wide to expect to play for stacks when you hit.
So when you hit a set you rarely get the 12:1 required to show a profit.
While the core of this theory is fine, it's not exactly correct. Set mining doesn't depend entirely on tight preflop ranges.
To take one extreme, imagine someone who opens %100 of their range pf, but also pots every street postflop and pays off light. Clearly we're never folding a pair pf to them.
are not found only vs nits. They're found vs aggressive regulars, bad fish, and finally, nits as well.
We also don't necessarily need implied odds to play them profitably either. You get to showdown often enough in general to make flatting them just fine.
Originally Posted by ThunderPT
Err... Doesn't cold calling mean calling a 3bet (or higher) when we were not the first raiser? Are you sure you don't mean flat calling?
No. Cold calling applies to both. The term 'cold' simply implies that hero hadn't vpip'ed up to the point of the call.