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Who is that posting with Ripp's name? Ripp would do that raise with 74o, so it can't be him.
Anyway, yes, I think you majorly overbet, and I completely agree with Toasty. If you know he'll fold, that all in makes a lot more sense when you have nothing. You hit two pair, and you make a bet that you know will only get called by him if he has a straight and has you completely beat?
I don't know how you've putting him on a draw without him acting after the flop yet, either. Do you mean if you made a reasonable bet and called, then you'd put him on a draw?
Anyway, even if you know he has an inside straight draw, that's a 16% chance of hitting after the flop. In this case, I'd bet at max half the size of the pot, giving him way incorrect odds to chase, but hope he calls with a pair or a draw. Then I'd probably bet half the pot again on the turn, if there's no one card straight draw possibility or paired board. If he's as tight as you say, it sounds like it'd be easy to read if he hit a straight, and you could easily lay the hand down. You're not risking your stack, you're looking to pick up the big pot that your big hand warrents.
Looking to pick up the blinds plus your small preflop raise once you hit the flop big seems silly to me.
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