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i don't like jamming at all. his continuing range vs a jam is probably flush draws (~50% vs us), two pairs (obv favourite vs small overpair), sets and straights. so basically we hardly have enough equity to jam vs very the bottom of villain's calling range. that leaves calling or folding. honestly i think folding is the better of the two as villain has position on us and we're probably going to suffer from some turn + river reverse implied odds, while villain is able to manipulate the pot size pretty much to suit which part of his range he has, or which cards happen to come off (assuming you don't plan to lead many if any turn or river cards) because of his positional advantage
edit: long story short: not enough equity for jamming to be optimal, villain is threatening our stack with this raise and two streets to go, our positions dictate we are going to have a bad time on later streets, and villain is going to have a relatively easy time playing most of his range in a +EV fashion on the turn and river
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