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I thought I remembered a discussion of this topic somewhere.
http://forumserver.twoplustwo.com/showfl...part=1&vc=1
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Jamougha:
"Ed,
All of the points you make in favour of limping are valid. The question is, do they outweigh the benefits of open raising? You have no real way of making this comparison. We have only 2 data points;
1) No high-level player advocates open limping on the button, basically ever.
2) People have hard statistical data over many hands showing that they were not making money limping 'implied odds' hands in the situations you describe.
This puts the burden of proof on you. A few appeals to intuition don't cut it for me here. "
Smart man.