Originally Posted by boomeranged
I generally set mine against two or more players with small pockets preflop and go for the value if the action continues post flop with appropriate odds. I would love to get ideas on how to go about it in a decent way.
Set mining is a preflop concept only. The probability of making a set postflop is about 8%, so if you haven't hit your set on the flop then you will basically NEVER have the odds to continue post flop.
The rule of thumb is not to risk more than 5% of your stack to set mine and to play fit-or-fold poker postflop.