having built up a reasonable bank roll I decided to move up to the 25/50p tables. I was on the button and drew AA and sat in anticipation that someone before me would raise and start a pot. To my dismay they all folded, then came my turn..so I flat called the blinds to try and build a pot for my AA. The biggest mistake I made.. I lost the remaining £37 STACK to flopped str8... THE MORAL OF THIS STORY IS 'DON'T GET GREEDY, BETTER TO WIN 75P THAN LOSE YOUR STACK' SLOW PLAY IS NO PLAY AND DESERVE TO LOSE...NICE HAND BY THE WAY GLITERBABE...
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And limping the button is beyond terrible unless you have a definite plan of action other than stacking off whatever the board is just because you have aces.
Not on the button but certainly from early position, mind you the play is so well known now it is possibly better to just raise. If you have a very agressive table you can limp with the intention of reraising. Most of you probably already know this though but it allows you to get the chance to build the pot preflop.
However if it does not work you want to keep the pot small after the flop they are just one pair obviously, if somebody is betting hard at you you just fold them.