Stopping the Thief

The late position at a Holdem table is often one that is played on auto-pilot. A common scenario before the flop goes as follows: The Blinds through their money to the center of the table and people in the early and mid positions either call or fold. The late position players try to steal the blinds by raising and ferreting out who has a real hand, and who is just kidding themselves. That above scenario is an example of conventional wisdom. Anybody who is familiar with conventional wisdom knows that it is the mother-in-law of logic.