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The biggest problem with slowplaying aces is generally the problem with slowplaying TPTK; you only have a pair, and anyone who hits the flop always has at least 5 outs to beat you. Also, you have not represented strength, so it will be much more difficult to elicit folds, and you will often be raised and re-raised with slightly worse hands, situations which will generally turn into folds.
I recommend raising 2-3xbb here preflop to invite callers with medium-strong pocket pairs or 2 high cards, and to encourage raisers with strong hands that you have dominated, and also to make the blinds pay a bit to see the flop. The larger your raise, the worse odds you give to hands that must "draw out" on you on the flop, and the more money you gain per raise; however, you also drive out more mediocre hands. For instance, pushing all-in in this circumstance would likely net you the blinds, especially considering this is a tight table.
Alex's Key Points for playing Aces and Kings in early position.
1) you make a very large percentage of your opponents calls and raises preflop. You should do your best to encourage callers, and raisers, so raising a small amount is likely best, however a large amount with a few callers is also a strong play. You also want to build a reasonable pot and deny them good odds to outflop you with suited connectors like JTs and small pocket pairs. You also want to commit people to a pot so they will think twice about folding after the flop when you are still very likely to be a favorite. And finally, you want to discourage large numbers of limpers for cheap, as they will build a strong drawing pot, and it will be difficult to gauge your situation.
2) If you are going to limp them in early position, your intention is to check-raise a very aggressive player, or check-call a very tight player and try to stack him after the flop, as these are players you almost always will have dominated. The table limping around is the worst that can happen, so if your table has alot of guys that like to limp early you should not limp. Second worst is the table folding around and you get 1 caller who would have called up to 4xbb, and the blinds come along for cheap.
3) On the flop, your intention should either be to take down the pot you have created preflop, or elicit a call from someone with a worse hand. You are drawing to two outs if you are already beaten, and each card that appears reduces the chance of you winning the hand. 2 face cards on board, any draws that appear to complete (such as 3-to-a-straight or flush) blatantly devalue your hand and as a result cost you chips.
4) With a raggy board, Aces enjoy taking bets, and folds, but are not much for raises or flat calls, because they bring more cards and often indicate strength that may have you beaten or has outs to improve. I feel the best strategy here is to check-raise aggressive players out of the pot, or bet strong into weak players, at least 3/4 of the pot, to get them to fold their draws. You are offering a mistake to the aggressive player who bets and folds to a raise, and exploiting the weak player's unprofitable call preflop.
5) On a board containing a strong draw, you should almost always raise very strong - generally the full amount of the pot. I cannot emphasize this next part enough - any raises you make over a bet must be a significant amount of your stack, enough to pot-commit you and your opponent, so that they cannot call or raise based on implied odds. If this means betting 3 or 4 times the size of the pot in order to commit 35% of your stack or more, then do it. I emphasize this for three reasons:
a) It indicates a very strong made hand that will not be offering drawing odds, thus it is a conservative play that will ensure you make a good profit off of a fold.
b) Because of (a), your opponents may read that strong means weak, and the pot is now huge and very much worth attempting to steal.
c) If you plan on getting into a raising war with a small bet or raise, the odds that you will be beaten with all your chips in the middle increase dramatically with each raise. So unless you have a great read on your opponent that says you have him beaten over 90% of the time regardless of his postflop play, you're just commiting less of your chips to the profitable situations here and more of your chips to the unprofitable ones.
6) On a board containing high cards and no strong draws (particularly a board like KT3 rainbow or JT6 rainbow), you should bet out. This is the toughest situation to play as many hands that have you beaten fit this flop and can call your preflop raise. Do not checkraise this board as you are likely to get reraised. Bet out and call a raise. Again, you are looking to minimize your chip loss if you are beaten.
7) On a board with strong draws and high cards available, and especially with 2 or more other players involved, check with the intention of raising and be prepared to fold into heavy action. Repeat on the turn and river. Additional cards coming hurt you here most of all as draws can complete, but there is very little that betting out will do to assuage this. If a blank comes on the turn still do not fire; again, you may be facing a made hand or a drawing hand, and you want to give weaker made hands and drawing hands the option to incorrectly bet, while giving stronger made hands the opportunity to represent themselves with a raise before the action comes to you. On the river if another blank comes you are checking with the intention of calling a bet to see a showdown. Since you really cannot call or raise a raise, giving your opponent the option to bet out makes you more chips in the long run. In this situation I recommend a pot-sized reraise, usually 2.5-3x their original bet.
8) Paired boards are very dangerous - you are sometimes drawing to 2 outs, and your hand looks very strong. Be very wary of flops KKx-99x (I will check/fold on a board of KK3, but check-raise on a board of KKQ; do you see why?). Be very aggressive on flops of 88x or less, because people will bet these flops with almost anything, from 99-KK and AK-AT, KQ, and wacky straight-flush-backdoor-overcards draw combinations. In all situations you should generally fold in heavy action.
That's all I got for now. Would appreciate a review on this from some of the better players; I was racking my brain.
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