I was grinding on some 2/4 Limit on PP last night and watched the table go from very loose to pretty tight. After the table tightened up, a new face sat down to my right and started aggressively playing 60% or more of the pots.... and winning. I was playing tight aggressive with the second or third lowest VP$IP of the table. There were two super tight players (under 10%) and then me (16-17%). I was holding my own, endured a few suckouts (expected at limit, no heartburn for me) and was down a few BB. I was not catching much in the way of cards, but I was making up for that in stealing a few pots and getting the blinds every few orbits from my tight friends.
Here is my question. I do not focus on defending my blinds, and rarely play from the small blind. This might be a weakness, I am just not sure. Last night I tried to defend the BB three times against this loose aggressive maniac and lost all three. fitman111 was playing 2 out of every three flops so I figured he would be on some junk cards. He was, but they were hitting!! My wired 7's in the BB ran into his powerful J6o. I bet it the whole way and his second 6 on the river took the pot. Similar bs occurred two other times and it got me thinking how much should I care about defending? One of the other times was with A4s when it was raised to me in the BB by fitman111 in the SB. A decent hand HU I figured, but it lost also.
I have not seen a discussion in my limited blog reading about this, but it seems to be a prominent stat in all the tracking and overlay software I use. My hunch is it is probably more important in NL, but If you fold your BB everytime in limit, that can be exploited also. I would love to hear any thoughts out there.
My .02 after thinking about this last night - In Limit hold em, I am more inclined to fold my blinds to a raise because I do not have the power to push anyone off of a drawing hand and by a big bet and with all the people willing to call down through the river in the lower limit hold em games, I prefer to play better hands and will not worry about throwing away the SB at all and do not try to defend the BB much.
This logic would change for me in a SNG as the blinds increase, but in a fixed blind game.... I am not sure the reward outweighs the risk.