The No-Limit Hold’em game’s expected value can be greatly raised by quite a few big fishes. You will of course face several situations wherein you will be able to win, as your edge will be huge enough. It is of course possible to make some disastrous mistakes at the No-Limit but it is quite difficult to do so at Limit. Some common mistakes are often committed by some people at Limit. Hence, it is foolish to expect to take height of advantage of an error made by the opponent. A soft game is obviously preferable; the expected value will be greatly altered by addition of a few huge fishes in No-Limit game than a Limit game.
Therefore, when you are thinking about your edge in a No-Limit or Limit game, try to realize the fact the dynamic edge is one that is at a No-Limit game. The edge of any player in a Limit game will tend to stay within certain general areas, but this is the not the same when it comes to a No-Limit game, as it could vary massively based on the few players gameplay. Considering the example of AK versus K4 hand, you will surely be gifted with some easy opportunities to make some good money. On the other hand, there are also some cases, wherein the players have not even won a single dollar from his opponent. You can look forward to make money sooner if you are able to extract huge amount as bet.
Nevertheless, a more general edge is still possible at low stakes No-Limit Hold’em games. The reason is that many poor players have been easily attracted by this game.