[I originally posted in beginner's circle, but this may be worth some discussion with the resident experts, so I reposted here. Hope that's ok]

******* Hand 1 ********

CO here is 14%/5.5%/2.7 over 147 hands; seems that he knows what he's doing. I couldn't see him reraising with anything but AA or KK. A 5% PFR, I'm not sure I put QQ in his reraise arsenal-- especially that well sized 3.5x reraise (which is what I would do and most FTR readers would do with AA or KK to a raise and one cold caller) so I pussed out.

Cryptologic
No Limit Holdem Ring game
Blinds: $0.15/$0.25
9 players
Converter

Stack sizes:
UTG: $23.40
Hero: $27.25
MP1: $21.60
MP2: $21.95
MP3: $12.40
CO: $29
Button: $22.45
SB: $16.80
BB: $39.72

Pre-flop: (9 players) Hero is UTG+1 with A K
UTG folds, Hero raises to $1, 2 folds, MP3 calls, CO raises to $3.5, 3 folds, Hero folds, MP3 folds.
Uncalled bets: $2.5 returned to CO.

Results:
Final pot: $3.4


******* Hand 2 ********

Villain is 42%/12%/1.2 over 117 hands. Against a tight or reasonable player, I'd respect the minraise/AI reraise. Worth the gamble against this maniac? Pokerstove puts 11.5% into a range of 77+,A9s+,KTs+,QTs+,JTs,ATo+,KQo. [I felt like such a freaking fish making this call.]

Cryptologic
No Limit Holdem Ring game
Blinds: $0.15/$0.25
9 players
Converter

Stack sizes:
UTG: $23.70
UTG+1: $13.90
MP1: $24.50
MP2: $9.55
MP3: $28.15
CO: $49.25
Button: $61.46
SB: $38.20
Hero: $24.10

Pre-flop: (9 players) Hero is BB with A K
6 folds, Button calls, SB raises to $0.5, Hero raises to $1.25, Button calls, SB raises all-in $38.2, Hero calls all-in $22.85, Button folds.
Uncalled bets: $14.1 returned to SB.

Flop: J Q 4 ($49.45, 0 player + 2 all-in - Main pot: $49.45)


Turn: 3 ($49.45, 0 player + 2 all-in - Main pot: $49.45)


River: 9 ($49.45, 0 player + 2 all-in - Main pot: $49.45)


Results:
Final pot: $49.45