Great post! (couldn't +rep you this time though... sorry) This seems to very much be the strategy used on poker after dark. I always found it very hard to believe how tight these pros were - even guys like Gus and DN.
I've really tightened up my own tournament play as a result of that - overall I think it seems to work, but I don't really have it down yet. It's really hard to fold some of those hands and not try to autosteal the blinds when on the button.
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