Just a few minutes ago I was playing some 0.5/1.0 limit on UB and found the perfect table. This one guy there played 95% of his hands and went to the river nearly 100% of the time! He also liked to bluff whenever checked to, so I check-raised him on the turn a million times. There also were numerous people there who played 30%-50% of their hands, but they were far more passive.
Remember my "playing too tight" post? I'm still sticking with Miller and Sklansky's slightly looser starting hands and it's still paying off nicely ASSUMING the right table conditions. If most flops are seen by less than 3 or 4 players, then I'd stick with the usual tighter starting hands.
An example from earlier:
Ultimate Bet 0.50/1 Hold'em (9 handed)
Preflop: Hero is UTG+1 with , .
1 fold, Hero calls, 1 fold, MP2 calls, 1 fold, CO calls, 1 fold, SB completes, BB checks.
Flop: (5 SB) , , (5 players)
SB checks, BB checks, Hero checks, MP2 bets, CO calls, SB folds, BB calls, Hero calls.
Turn: (4.50 BB) (4 players)
BB checks, Hero checks, MP2 bets, CO calls, BB raises, Hero 3-bets, MP2 calls, CO calls, BB calls.
River: (16.50 BB) (4 players)
BB checks, Hero bets, MP2 calls, CO folds, BB folds.
Final Pot: 18.50 BB
Like Miller and Sklansky suggest in these loose games, limping in EP with any two suited cards ten or higher is profitable assuming you play well post-flop. QTs fits that criteria.
On the flop, I checked wanting to see how much action before it got to me. If it were re-raised, I would have folded. Instead I was given 8:1 odds, which isn't enough for my gutshot, but my overcards could be clean, a 7 would give me an OE straight draw (a nice re-draw), and given the table conditions, everyone would pay me off if i hit so I had huge implied odds. Some may still view it as a loose call, but I don't. I would give it up on the turn had I missed.
Of course the turn made the perfect situation. I had someone raising with a likely top-pr, who would probably raise again on the turn. If he doesn't, then we have mr. 95% VP$IP bluffs everytime it's checked for that purpose. Oddly enough someone else stuck in a check-raise before me. My instinct told me to raise again, although I perhaps should have called to induce overcalls. If I raised again I might knock out other hands that could beat me on the river, and it's a large pot, so perhaps raising was the right action. It turns out everyone called the two re-raises, so it worked out nicely.
I was up $21 on that table before leaving, up $9 on another 0.5/1, and down $5 on a 1/2. I'm happy with $25 in an hour.