Continuation Bets in NLHE.

[2Tone]

Great post Aeq.

One caution. As you point out, this is not nearly as effective in limit. And I'd say that online low-limit, it should be used very sparingly if at all. Know your personnel. If a player is smart enough (or in this case, timid enough) to lay down when they missed the flop, the pot is yours. But I could just as easily see somebody reasoning the middle pair with a mid-kicker is worth calling you down with. This is less likely to happen live in my experience.

Flipping it around, if I'm in late position and have missed the flop completely, if somebody fires at the pot early, I'm very likely to fold. That is, unless they have been doing so everytime and folding to re-raises ...