Re: AJo preflop
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You've got a pretty big equity edge here in all likelihood.
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Here's an experiment to show the value of checking: Give the limpers a range you think is reasonable, then go stove vs. that range. Your edge is actually very thin here.
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Against 5 random hands you've got 24% equity. I don't think assigning random hands is totally unreasonable with 5 limpers. The only way to really do this accurately would be to have stats on all the limpers and estimate their ranges. Just doing top 40% is unfair, and they'd likely raise with the better of those hands.
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I assumed the limpers had two suited cards, pairs, two broadway cards and then deleted AA, KK, QQ, AKs, AKo, and AQs. I added K9o, Q9o, J9o, and T9o as well as all Axo for the SB. The poster was Random minus AA, KK, QQ, AKS, AKo, and AQs. My actual numbers were:
SB 15.461%
BB 20.175%
Limpers ~16.850%
Poster 13.810%
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