This hand happened at a home game. Game was 5/10 NL and 5/5 PLO with consistent straddles/re-straddles between $20-100. You can straddle from any position. Stacks are anywhere from 1k-8k with the average being around 2k. The usual 25/50 table was not going so a couple of the bigger players were sitting at the table. Table was 6-9 handed throughout the night and I believe there were 8 players at the table for the hand in question.
Hero (SB): On my 2nd $1k bullet. I start the hand with about 3200. I'm 22, and viewed mainly as an aggressive hold'em player. I am fairly new at PLO and most of the table probably knows this. I'm probably seen as somewhat scared money playing this deep in PLO.
Villian (UTG+1): Regular at the 25/50 and plays bigger games(100/200+). Sat down with about $8k and covers everyone. 30 years old and retired from working for a hedge fund company. The guy is very rich and definitely not sweating the money.
Hero is dealt A
A
4
7
Villian straddles $20 UTG+1. MP calls. LP calls. BU calls. Hero raises to $120. Villian calls. MP calls. LP folds. BU calls.
Flop: (~$500)
5
8
3
Hero bets $280. Villian quickly pots to ~$1300. Folds back to Hero.
What should I do?