Re: just shoot me now
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Now imagine your 3 handed game where this time the SB folds 50% and the BB folds just 20%. Now we win the blinds only 10%, and it becomes much harder to turn a profit with our marginal hands. The strategy adjustment we need to make is folding more hands on the button than in the previous example.
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I'd still disagree here. while its true that we'd less money preflop, that says nothing about our chances postflop.
a further illustration of your example:
lets say the sb and the bb have made the threehanded adjustment of defending 50 and 80% respectively, but they both decide to play fit or fold postflop. Its still incredibly difficult to find hands that are unprofitable to raise from the button because we'll win outright 10%, and win on the flop [in an inflated pot] an additional percentage of the time when a defender misses and folds to a cont bet. In fact, this could end up being a more profitable situation than the pure preflop steal ones, depending on exactly how weak/tight our opponents turn out to be.
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I don't think such players exist. I think it's a fair assumption that players who are defending 50% and 80% of their hands aren't exactly going to be playing fit or fold.
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