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If you fold to plays like this you will make less money in the long run due to losing out on big pots you could have won.
I understand the logic here, and I'm sure it's true in a vacuum, but if you call on principle in specific instances where you feel you have very good reads, isn't that -ev in the long run?
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No flushes, no straights, and this guy is trying to stuff chips in your pockets.
Right, that's exactly what concerns me here. Plausible flush/straight draws (not obvious made ones), would go a ways toward explaining his betting.