Hero: (~$410) Image should not matter much as all, since both villain only sat down 20-30 minutes ago. I'm not convinced I've been in a pot since V2 sat down. I won a pot off V1 with AQ vs KQ on a jack high board that I bet from the CO and we checked it down, and MHIG.

V1: ($165) Obv mark. Limps too much pre flop, doesn't like to fold post with draws, and has mentioned the classic 'I should start chasing since my draws always get there when i fold' line that we all love so much. I plan to value bet all quality hands vs her.

V2: (525$) Hard to pin point. He's capable, but I don't know how much or how little. Certainly understand the game, but he's only shown down 2 hands as of yet. Both of them were in limped pots. One he showed 63cc on a 66xxx (no flush no straight possible) board from EP to win with his 6's. The other he showed 78s from EP in a limped pot for a straight on a 96x5x paired board for the winning straight.
He's only been here for 10-15 hands, so any information would be speculative.

Btn (is mostly irrelevant in the hand. But his range is likely pocket pais 44-1010, possible suited connectors 45-J10, and maybe some decent Aces. Is a known reg, and is highly unlikely to get involved in a the pot without a quality hands. Rare to nonexistent history of bluffing in multi way pots.

Pre flop:
Hero raises to $14 from UTG with AKhh
2 folds
V2 calls from MP1
1 fold
V1 calls from HJ
1 fold
1 call from the btn

Flop: K106
($50)
Hero bets $32
V2 calls
V1 calls
BTN folds

Seems like a standard cBet here with what's likely the best hand. I expect to get looked up by V1 with any King she calls pre flop, a lot of her good 10's and QJ for the open ended. I think V1 raises with and 2p+ hand as she's pretty transparent. But I don't see much that she's got that is ahead of me, except for flopped sets. (Not likely.) I'm sort of lost on what V2 has here though after his call.

Turn: ($146) 6
Hero bets $65
V2 calls
V1 folds

It's a 50/50 turn card. If he flopped a set 10's or 6's I'm now drawing to 2 outs for the remaining kings. But other than that, I just picked up a nice redraw to the hearts. It's also bad if he's got a hand like 76/56 that he driced to float the flop with (unlikely) but I'm willing to take that chance. I check most turns in this spot OOP since I'm not trying to play for stacks with TPTK in a 3 way pot, but the heart is a great card to barrel with.

River: ($275) Q
Hero checks
V2 bets $100
Hero jams for $285

Money card. If he somehow gets to the river with a flush (rarely) this is my best line to get his money. (something like 78hh 89hh that wanted to get weird on the flop, since he has shown a likening for small suited cards. If he has a 6, or a good king, I think he's more likely to bet than call.

Opinions?
The part I'm the most unsure about is the river. Am I better off just leading out?

Ill take this street by street and thank you for a well put together Hh.

Pre: obviously raising. Has $14 been getting heads up? If not raise more.

Flop: it's pretty dry. I'm totally fine with leading out even oop vs 3 callers. I probably make it $35 for value. We're not committed yet so there's no problem.

Turn: this is where you need to make your commitment decision. Are you committed to playing for stacks right now? From your op it sounds like no. You've still got some wiggle room as far as commitment. My plan would be, "I'm committed unless he raises me. I'm committed if a heart hits the river and not if its a blank. I bet $80 understanding that there's a boat out there now but he probably doesn't have it since there's only 4 combos of that and TT might 3 bet preflop. V1 is of no concern since we're happy to stack off against her anyway. If they both call, it's an interesting river.
River: committed. Now if you think about what he could have that got to this point, there's not a ton that will bet when checked to and then call a shove so I'd just bet out. A shove is a little bit of an over bet but that could work to your advantage.

This is why I absolutely hate your river c/r. You don't know how villain will react so your river c/r is just FPS.

Just lead river for 1/2 pot to 2/3 pot value bet because villain should be checking back the vast majority of his Kx hands.

The only reason to c/r river is if you put V on a busted draw or 6x hand...

but we don't know how this villain plays and if we don't know then the most optimal line is always going to be the straight forward line.

And the straight forward line here is to just lead out on river.

As for your turn bet, its too low, that's more of a blocking bet. Turn should be $85 - $100 ish

What are you doing on the river if V1 decides to call or ship the turn for $119? Pot becomes unmanageable at that point. If the heart draw misses are you committed due to bloatation?

agree with dgi's reasoning for leading river.

think about what sort of range is betting this river. not many busted draws that called otf are going to now turn their hand into a bluff.

other than back dooor hearts or KQ, his hand has not likely improved from the flop, and he will check behind most hands with show down value that you can get another street of value from. Even KT might check back sometimes out of fear of a c/r.

Imo, the beauty of LLSNL is that players more or less play their hands face up.

If we bet $85 - $100 on turn and V ships on us on turn, we can fold. However, if we bet "weak" on turn like we did for less than 1/2 pot and then V ships on us, is he shipping on us because he is strong or because he sense's weakness and thinks he is either ahead with his KQ or that he can turn his draw into a semi-bluff.

Imo, since this hand started more or less heads up on a dry board we don't have to worry about pot controlling. We can and should be playing our hand for straight value since we are ahead of most of villain's range here. Majority of his range should be Kx, maybe even some stubborn Tx, and draws.

Come river, given we hit a back door, again we can feel confident leading out for value. And the Q is a great card for us since KQ should be in V's range.

Now, if we were on a pure draw, then you are right, we should be pot controlling. But we have TPTK w/ nut draw on a fairly safe board for us... We should feel good about betting out each street for value...

If V has a full boat, then meh, we get raped. But otherwise, playing straight forward here for value is most optimal line long term...

I agree. I was referring more to the short stacked girl who ended up folding the turn. What if they BOTH came along or she shoved?

I don't fear a short stacked shove here since a short stack should be shoving fairly wide: Kx, Tx, and even QJ or frustrated QQ/JJ should be in her shoving range as well as sets obviously.

V1 is inconsequential due to her stack size.

V2 should be our focus here. If we lead out strong on turn and V2 shoves, then we can have a high degree of confidence in our fold...

yes of course haha. im failing miserably in getting my point across. Always calling V1. My question is how do you handle the river vs V2 if V1 bloats the pot on the turn?

b $40/b $120/shove $235 ...and b/f to a play back on the turn. You don't even have to worry about V1 because she would already be in on a turn call. I just don't see how I'm not committed on a KT66 board on the turn with or without the backdoor flush. V2 has KQ, KJ, QJ so much of the time here that it has to be profitable (and yes, I realize without the flush KQ beats us here).

Pre fine, flop fine, bet more turn to get the fish's stack in.

If raised on turn just start shoveling money in with pair+fd as you are almost never drawing dead and likely ahead - I wouldn't range villain for 6x here, as a float that light with action behind would be a bit adventurous. Turned boats are also likely rare as TT (stop writing it as 1010, that tilts the **** out of people) is the only real set he shows up with that doesn't become quads on the turn.

River is interesting as it's hard for you to have villain overflushed when the highest heart he can have is Jh and the only hand that vaguely connects with the board and has BDFD is exactly Jh9h. It would be super sick here if he had QQ but that also seems unlikely.

Overall, I don't hate checking if we expect him to bet but I like betting more often when the BDFD comes in as I expect many villains to range our 3-barrels as polarized and snap us off light. If the FD came on the flop, and hit river, I could see a check working against a thin-value bettor or a villain who might bluff expecting us to bet flop and turn for protection and shut down on flush river.

At a loose/raisey table with some shorter stacks, I'd be fine with limp/raising here. Plus AKs plays fairly decent multiway, so it isn't the end of the world if it limps around (where obviously we are playing cautiously with TP). I kinda hate the fact a raise got us 4ways to the flop with us being OOP to the world in a bloated pot.

At this point on the flop, I'm probably figuring on *maybe* committed against the shorter V1 and not against everyone else, so I probably bet/fold 3/4 PSB. Board isn't super drawy (although there are OESD/gutshots) but I don't think I can check this since vs 3 players there are probably a bunch of combined outs against us.

I hate the fact we are now in a 3way super bloated pot on the turn and OOP. I really try my best to avoid these situations. I'm not even sure I bet the turn here; even a small bet (which this one is) sets us up for only having a ~PSB or so on the river against the deeper villain. Actually, I just realized we have the nut flush draw, there is no way I'm betting here as I'd hate to get blown off my hand. I just check/call a reasonable bet. When I'm in a multiway bloated pot to the turn, I rarely barrel when I pick up equity cuz at this point I actually think there's a decent chance I'm behind; I'm cool with getting one more street of value on the river if I'm actually ahead with mediocre hands like TP, and getting paid off if I hit my good hand.

We've gotten ourselves in a situation where we've build a hugenormous pot (with just one pair until the river arrived), which I really don't like. At this point, we've got just slightly over a PSB left. We have to ask ourselves, can we ever bet/fold here? The answer is no, imo. So, with that in mind, I shove myself in order to get the maximum if I happen to be ahead.

Whenever I build the pot on the turn to a massive 137.5bbs and gotten our stack pretty much committed by the river with a hand as little as TP (I'm ignoring the flush draw) I really feel I've f**ked up somewhere along the way.

GcluelessNLnoobG

On a large number of boards, I would agree, but this is KQ, KJ so much of the time at $1/$2. Even, when I'm ignoring the flush draw, I still feel like this can be a profitable play with just TPTK based on how the hand played out. The only reason that I'm worried about getting it on on this one is that I don't have enough history on the V so I know if I'm going down the wrong path.

^This.
We aren't staking off on a K T 8 7 board vs 4 villains...

Or a K J J T board vs 3 villains...

The board and the progression of action is such, that we should have a raging boner in this spot. Majority of the time, we are up against KT, KJ, KQ, and even other AK combos (though unlikely). There is only one hand we should really fear in this spot and that is a set of tens. Majority of time, we are ahead or have great equity on every street...

So this isn't the typical spot. This is a +EV high value spot and we should feel comfortable leading each street for value.

If your thoughts are to pot control in this spot, you have a leak you have to examine.