If I'm thinking of the same strategy (and I'm positive that I am), it also advocates folding AKo preflop, not just facing a raise, but period. As far as I know, the strategy doesn't really address TPTK, but I think the strategy's originator would advocate a check-fold (btw, this is not some pro who came up with this. It's a well-known poster on another poker forum, and who is only well known because he posts so much and seems to be a successful player). He insists that whileit is not THE best strategy for LLNL, but that it's better than 99% of the strategies that LLNL players use.
I tried this strategy while clearing a bonus, since it does allow you to play more tables at a time, very mechanically. The first two times I got KK I moved in and was called with AQo and AKo. When you play like this, people talk to you like you're an idiot. "nice bet, asshole", etc. So that's probably one reason that people can make money on this strategy. I had multiple people saying "I'm calling the next time you pull that," or, "If I had Q-high I'd call you."
I got bored with the strategy pretty quickly though, but I might go back to it to start clearing this Full Tilt bonus I just started.
P.S. You would not believe how hard it is to fold AKo when everybody has folded before you. Unless you have discipline, you probably will break the rules some. I mean, limping with QQ?
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