So I'm playing 5-10 at Tulalip, which as some of you know doesn't have real no limit, but rather spread limit with a $500 max bet. But it's the best we can do in Washington State. Anyway, I have about $1800 and most of the people at the table have more. I have the button and AQo. UTG, MP1, and MP2 limp. I jack it up to $70. The BB, UTG, and MP2 call. All 3 players are slightly tricky but really bad overall–they're the sorts who will blow off several hundred with bottom pair. Even though they're bad, they're NOT morons and will try to put you on a hand. The flop is 872 rainbow. They all check to me.
Here's the thing. I am playing in this crazy 5-10, this situation happens frequently, and I actually have no clue what to do about it. I would ask about it on 2+2, but nobody on 2+2 plays in games like this.
Idea #1. C-Bet. Here's the problem I have. A decent c-bet here would be about $200. But what happens if someone calls? This is likely if these guys have any part of the board. Now the pot is $680 and all I have is Ace high. To fire a second barrel means I have to bet about $450. Here I am thinking about investing $650 into a pot (more than a third of my stack) when I have Ace high. Pretty crazy.
Idea #2. Mini c-bet. Ed wrote an article about this sort of thing a few months ago. When you have a lot of loose opponents, maybe c-bet a little bit. Sometimes most of them will fold. If not, you haven't given up much. So, a bet of $60 might do the trick here. But say I get one caller–the pot is still $400, and a second barrel would be about $270. Blah–$330 on Ace high is still too darn much. Of course, I don't have to fire the second barrel….
Idea #3. Check. Well, that's the safe route. But I got to thinking about what I would do if I hit one of my cards on the turn. I have NO IDEA what I would do. Probably call strong bets and blast weak bets? I guess I had some idea, then. But mostly not.
As it is, I checked. The turn brought another 2. BB led out $150 and everyone else, including me, folded.
Then I got to thinking–maybe my preflop raise screwed me up? I mean, 4xBB+1 per limper is just a guideline, and I use it because I don't know any better. Maybe I should have raised more? Here's the tradeoff. With AQ, I'm interested in getting it 3-handed or heads-up so I can easily control the betting. [I've also got to be mindful of getting smooth-called by AK in the BB.] Perhaps I should be sizing my raises to accomplish this more effectively. If I'm getting too many callers for my hand, shouldn't I just raise more than normal? But the tension I see is that you don't ever want to raise so much that you'll only get better hands calling. So maybe a raise to $100 would work better? But then the problem is that if I somehow get 3 callers, I am not so sure I enjoy playing my hand even if an Ace flops!
Another idea would be to just limp, because there's no point in raising a mediocre hand like AQo if it's just going to cause you to lose control of the pot. Limping keeps the pot small and I can "c-bet" with impunity, float a flop bet with the intention of taking it away on the turn if they show weakness, and so forth.
Am I even thinking about the right things here, or am I just goofy?
EDIT, ADDING: By the way, I realize that it's not standard to c-bet into 3 people in the first place. But it seems SOOOOO LAME to just give up on the pot.