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If you have AA, then you will win about 80% of the time, if you are against one other player. This percentage reduces the more players there are in the pot. So with AA you want to raise and re-raise pre-flop because:
a) you want to build a big pot, because you will win it 80% of the time; and
b) you want to reduce the players who see the flop and get hands like Qs6s that can suck out on you to fold.
If you had raised more in the hand above, you might have got the Qs6s to fold and have won the pot. When it was the BB's turn, there was 25c in the pot and he only had to put in 5c to call, so he was getting 5 - 1 odds. He was right to call even against aces.
If the flop had come Kc7d2s, he probably would have folded and you would have won a small pot. As it was, his 5c investment gained him $1.20. You were lucky not to lose more as he was only losing to JJ on the river and he should have bet. Letting people see a cheap flop when you have AA is a really bad idea.
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