Re: AK, AQ offsuit in the blinds, limit holdem
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When a hand has multiple callers I often limp from the blinds with these hands figuring no one will fold to a raise. Then on the flop I can check, evaluate the action and easily set up a check raise or fold if necessary. I've also been known to do this with medium pairs as high as QQ.
When my Ace big is suited I am much more likely to raise preflop from the blinds to help any drawing odds I may have later in the hand.
Am I giving up to much by limping with these big hands from the blinds?
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In most cases you are doing the right thing, especially with AQ. You should only raise with AQ if you can limit the pot to a very small number of players (Holdem for Advance Players, direct quote). Raising AQ in the small blind with a few limpers is downright silly. See the Caro essay contest and threads.
With AK there is a stronger case for raising as you have more preflop equity. But concealing your hand when you have such poor position is probably worth at least as much.
In short, you are not giving up anything.
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