[James.]

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imo, the unique thing about limit poker is that, in reality, all hands (except the unbeatable nuts) are essentially draws until all 5 cards are dealt. For example, you have black TT, someone has KhQh, and another has A9. the flop is 9h3h2s. who is charging who in this spot?

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whoa.... this is very deep

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The answer is that KQs is charging both players, but TT has an equity edge against A9, so TT is benefitting from the 3 way action. If it gets HU, TT becomes a money dog, but may benefit from KOing A9, depending on the pot size.

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this true. another beautiful poker phenomanom occurs when a 3 [img]/images/graemlins/club.gif[/img] falls on the turn. at least in terms of "who's charging who" at that point.

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KQ still has more than a third of the deck, and should put his carkeys in the pot if both will match

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unfortunately he usually doesn't have the benefit of knowing the others exact hole cards and as such wouldn't be able to realistically capitalize on his actual equity.