Re: PLO8 - Theoretical Question.
what a dream.
i can't really give you a mathematical argument, but...
i'd pretty much play almost 100% of my hands -- maybe fold my jankiest hands occassionally for the sake of appearances. i'd usually be passive unless i had 2pr or better and/or a decent draw. i'd occassionally value raise pf with position. i'd also take some occasssional stabs at the pot on the flop with position with air. i'd value bet a wide range even if the board was paired (and i didn't have trips or better) or had a three-flush that i didn't have.
most of my experience against these kinds of players is in HU/SH LHE, so i'm kind of projecting a bit here, but...
the key thing is to be VERY patient and just constantly ask yourself "is this a value bet?". for pl games, you also need to ask if you should build the pot for later potential value bets, but it's the same idea. what you DO NOT do is try to run over the person when you have air or extremely marginal holdings -- they will eat you alive.
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