Ok, I came across a hand in one of my sng's that very closely fits the topic of this thread. Bad players, calling with the worst of it and shoving with their (unrightfully aquired) monster hands.
It goes like this. Early in the game I get the beautiful pocket rockets dealt in early position (I think it was UTG+2). Since I've noted that even in the first round a lot of players are calling even big preflop raises, I raise to 100 with 10-20 blinds. Two players I've labeled as calling stations/loose, have called. One on the button, one in the big blind.
So far so good. The flop comes K, J and a trash card, the board is showing a clubs flush draw. I know I'm up against calling stations, and there's a good chance that one of them might have caught a King or Jack and is willing to donate his chips. I bet around 300, almost the size of the pot and they both call, the pot is now around 1000 and a 9 of hearts comes on the turn.
The BB player checks and I decide to bet 500 half of the pot. My reasoning behind this? It's big enough to dissuade them from raising out of simple madness and doesn't doom my stack if I have to fold. Besides I don't know too much about these players so I don't know if they'll try to take a shot at the pot if I check. And calling one of their bets would be reversing roles, which I certainly don't want to do.
Now the player on the button puts the rest of his stack in the middle, the player on the BB calls.
What would you do? Maybe they're moving in with a strong king or they've got something silly like 95o? You fold, because calling stations don't make a sizable bet unless they have the stone cold nuts. My thoughts were K9, 99 or a straight.
I fold, both players turn over Q10o. I have a stack of around 600 left, not great, but surely enough to make a comeback of some kind.
It's not important if you lose a pot, as long as you know you're playing against players with bad habbits. You'll get their money in the long run, it's a blessing from above to get to play these players. It's better than playing a solid agressive player who picks up on the fact that you're stealing blinds or raising too often with marginal hands. The edge you have against these players ( if you play solid poker) is monstrous vs that you get against more methodical players.
Anyway, again, hope that helped.