Definition of slowplay
Slowplay is when you have a very strong hand that you are playing passively. There are several reasons for slowplay. First, if our hand is too strong, it is better to slowplay to give our opponents a chance to hit something. If we have 77 in hand on 7-7-2, it is clear that we will not get much action. Playing passively (slowplay) will be imperative.
The different reasons to do a slowplay
We can also slowplay because we are out of position against an aggressive player. If we have 77 out of 782 and have the initiative against an aggressive player, it might be interesting to play passively to get him to bluff us. If we bet, we can convince him that we have a hand and he might fold, but if we slowplay, we might get him to bluff us, in other words, to give us money that he wouldn't otherwise have given us. We can also slowplay to let our opponents know that just because we are playing passively doesn't mean we don't have a good hand. The slowplay has several virtues.