I know this has been said many times before. This is just my verification for my notes with an example at the bottom.

Loose (sometimes crazy) Fish:
You don’t make your money by making large/risky calls to crazy bets by these guys. Those are still too big of a gamble. Examples would be stacking off with an over pair or top pair top kicker or even just top pair. Sure, you may win some of these, but in my experience it’s break-even at best.

You make your money when you value bet with these kinds of hands and they call you down with weak kickers, middle pairs, under pairs, etc, and folding if they show aggression… You obviously also get paid when you get a huge hand and they call you down with the same kind of junk.

This is a hand I was not involved in, but the CO was a solid TAG player in a pot with two crazies that where shoving chips all over the place the previous several hands. I felt bad for the CO guy. QQ would have been extremely hard to lay down based on the recent action between the other two players, but it was (~maybe not so~) obviously the right move.

Everleaf - $0.10 NL (6 max) - Holdem - 5 players
Hand converted by PokerTracker 3

CO: $10.20
BTN: $9.16
SB: $5.88
BB: $5.87
Hero (UTG): $11.97

SB posts SB $0.05, BB posts BB $0.10

Pre Flop: ($0.15) Hero has 4 J

fold, CO raises to $0.40, BTN calls $0.40, fold, BB calls $0.30

Flop: ($1.25, 3 players) 8 7 2
BB bets $0.40, CO raises to $1.20, BTN raises to $3.20, BB raises to $5.47, CO raises to $9.80, BTN calls $5.56

Turn: ($24.24, 3 players) T

River: ($24.24, 3 players) 5

CO shows Q Q (One Pair, Queens) (Pre 19%, Flop 9%, Turn 5%)
BTN shows A A (One Pair, Aces) (Pre 66%, Flop 75%, Turn 83%)
BB shows K 8 (One Pair, Eights) (Pre 16%, Flop 16%, Turn 12%)
BTN wins $16.93
BTN wins $6.31


Fish get cards too! Don't pay them off when they do.