I'm designing and testing out a new shortstack strategy of my own making. I'm attempting to make it as mechanical as possible to be able to multitable as much as possible. Tried it today playing 6 tables with a 20bb stack and was at 8.32ptbb/100 after 1k hands. Positive variance is probably the main reason, I got my AK push called 3 times and won them all (vs QQ, vs 99+KT and vs AJ). I have one preflop problem and one post flop problem, both very specific. This is the postflop issue, it is split into different categories. With my strategy the only time there will be post flop play is in the blinds (OOP) or in LP. With position I pretty much play 'normal poker' but OOP there are problems. I divide hands like follows:
Weak hands
These are hands like TPNK in a short pot or top&bottom in a multiway pot. My instinct says that against bluffy opponents I should C/R, against solid ones I am on the fence between betting out and just check/folding, any bet out however needs to be all-in and is as such extremely unlikely to get called by a worse hand.
Strong hands
Straights, flushes, top two on un-coordinated boards, sets and combo draws.
I'm just check/raising them all.
Draws
OESD, flush draws.
These are the trouble hands. The problem with being shortstacked is of course that fold equity as well as implied odds are so low, severly reducing the value of draws. I am likely to get called a lot if I just open push, and since it will be a pretty big overbet (~20bb in an unraised pot) I don't think it's profitable to push it, which pretty much leaves check/folding unless I get odds to draw (ie: a bettor and at least one caller both willing to call a check/raise, or a small bet/multiple callers).
Heads Up I tend to just bet out 1/2 to 3/4 pot most of the time and give up if called (unless I have something obviously).