When you are in the last couple of positions to act, you have an extraordinary advantage.
This is where you can take some liberties with the hands you play. Remember, in a typical low-limit game, by the time the action gets to you a lot of players will already be in the pot. In many games, you'll be the seventh or eighth player to get his money in.
Now you can play more speculative hands. Furthermore, you'll act last (or second to last) in every succeeding betting round. You can take some chances here, because you'll see how the betting is going before you have to act.
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