Say it is a high stakes full ring game and there is a mixture of strongish and semi-decent players. 4 people limp and you make a massive raise from the small blind. If you only raise strong hands, the table will catch-on (since you play the mostly the same players everyday) and only continue with premium. However, if you raise with bluffs, then the table will continue with borderline garbage (suited broadway, suited connectors and gappers, etc). In this case, what hands should you squeeze with?
By default, you have the value hands: AQ+, 99+. Now, we have to consider bluffs/ semi-bluffs.
We could have a merged range and add in hands like AJ, 88, 77, KQ. With these hands, we will still be ahead of most hands that will call us, but it will be hard to get multiple streets of value from top pairs, since the top pairs that will call us will likely either have poor kickers and can’t continue or have us dominated. With hands like 88 and 77, there are too many overcards to dodge and we are out of position.
Also, we could bluff-raise with suited Ace-rag hands like A5s. We can get better aces to fold and reduce the likelihood that our opponent has AA, AK, AQ or AJ. About a fifth of the time, we will catch either a straight or flush draw or both, and can profitably double barrel or triple barrel. However, the times there is an ace on the board, we won’t get value from worse (since it is so likely that we have AK or AQ when we raise), but will likely have to pay out against better aces.
Finally, we can choose to raise with suited connectors. These hands are well disguised and will have implied odds against sets and two pairs. They will give us good board coverage across plenty of flops. It will also give us hands to bluff with on ace high, king high, and queen high flops. However, the downside is that any hand that calls us will likely be better, and suited connectors does not block premium hands. In addition, we are out of position and our pairs will likely have overcards.
If anything doesn’t make sense feel free to ask.