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As usual, inelastic and elastic hands (more specifically ranges) are just the terms behind a concept that you've probably considered whilst in the middle of a session, or glossed over whilst reading other strategy articles.
We come across a lot of spots on the river where we’ve either missed a draw or we’re totally air-balling and have to decide whether to bluff or check and give up. I think a lot of players, having bet the flop and turn, feel like they have to bet it, as they “can’t check back 8-high”. But I think that’s wrong.
Playing against players you don't know is tough, and by the time you've figured them out your stack can take a real beating. It's vital you know how to avoid that and get great reads quickly.
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