PokerStars Pot-Limit Omaha High, $0.50 BB (8 handed)

SB ($45)
BB ($17.55)
UTG ($56.55)
UTG+1 ($56.45)
MP1 ($119.55)
MP2 ($8.90)
Hero ($50)
Button ($48.50)

Preflop: Hero is CO with , , , .
1 fold, UTG+1 calls $0.50, 2 folds, Hero calls $0.50, 1 fold, SB raises to $1.75, BB calls $1, UTG+1 raises to $6.5, Hero raises to $22.5, SB folds, BB folds, UTG+1 folds.

Final Pot: $32.25

This is the first time i've ever seen someone rerasie like that and then fold preflop. I know i'm practically saying AAxx, but I've yet to see anyone fold preflop. They either push or call and fold/all in on the flop. Am I the only one that hasn't see this before?

That hand was oddly played the whole way. You called in the CO? And SB raises? Then, EP reraises? When you re-reraised, that's the first time I saw anything which I would consider correct. Two guys were totally out of line. Not that unusual, I guess, but still oddly played. You do have to give them credit for getting themselves out of the hole they dug before they go any deeper.

Speaking of AA, I made quite a bit of coin with them yesterday. Got two stacks twice. I think it was either Slotboom or Badger that said you need to get your money in the middle PF if you're going to play them. How often does AA hold up?

CJ

CJ,

one thing about playing AA preflop. If you can get most of your stack in preflop then you always want to do that, since you're a money favourite. The only dim scenario is that someone else has a better AA hand. However, at the lower levels it happens so often that people get crazy with KK hands or less that overall you will make a profit by going allin with AA preflop. You need a very good read not to do this (for example, you play against a good player, you have a really crappy AA hand, the stacks are hugely deep and you know he wouldn't push without a very good AA hand).

If you can't get a large part of your stack in preflop be much more careful. Against more than one opponent you need to have a good flop in order to continue. The worst thing is getting 40% of your stack in preflop and having to fold the flop.
So, there is nothing wrong with limping/calling AA if stack sizes and position dictate that. Especially in EP I will often limp with AA, so that (i) I don't invest a lot of money when I miss the flop and the pot is multiway (ii) I don't give away any strenght and (iii) I can opt to make a massive reraise if someone behind me raises. Again, you don't want to invest a significant portion of your stack when you are out of position the entire hand.