Originally Posted by schnozzinkobenstein
Say, preflop I'm on the button with a semi-premium hand like AJ in a NL ring game and everyone else has folded. Should I make a low raise in the hope that SB or BB limp in so that I can maximize my rake, or should I just do a normal raise and steal the blinds? The blind players are tight, so I'm expecting a fold except against all but a small raise. Does it matter whether it's a micro game?
You should make a larger than average raise from the button in a cash game. A few reasons why:
1) You have position, and you'd like to play a big pot in postion.
2) Your hand while good, isn't a huge favorite over most hands.
3) Your hand also plays better when the stack to pot ratio is smaller, to reduce the implied odds
of your opponents.
I generally raise larger (4-5xBB's) from the button & cut-off, and less (3-3.5xBB's) from earlier positions. Things vary though, since at the limits I play at, my opponents aren't all that observant.