Playing from the small blind

It's often tempting to simply complete the small blind and see the flop with rage. Resist that temptation.

If there's been a couple of limpers you'll be getting good odds to call from the small blind. But the good pot odds are very deceptive. You'll be out of position in every subsequent betting round and your implied odds for most hands on future betting rounds are negative.

Implied odds in no limit

The concept of implied odds isn't really the same in no limit as it is in limit.

In limit your concern is about getting some extra bets on future betting rounds. But in no limit it's really about winning or losing a stack.

This came up in a thread on playing AKo in a no-limit game.

I had pointed out that AKo against a very tight early position raiser (QQ+, AKs, AKo) is an equity dog and has no implied odds since it won't get a of action against QQ.

A commenter expressed a dissent because he says you have implied odds from an expected contiuation bet even if an A flops.

That's not really implied odds to me. The only flop that has any chance at all of busting QQ is a TJQ flop and even then you aren't really a huge favorite with the flopped nuts. If you get action with a flop of AKx you're in pretty bad shape, probably drawing almost dead.