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Hero flats in SB w/ AKo because playing AK OOP sucks
More like YOU don't like playing AK OOP. You have a top 10 hand. Why are you not raising with it?
Raise to $20ish Pre.
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has been known to overplay pocket pairs.
Over play how? Need to be more specific. Would he overbet pot and 2x pot jam with 10's+? Would he do it with 8's or 7's on the same board?
Why the hell would you check here? This is just bad. If you think V is overplaying a PP, then why not just bet for value? Don't let him have the option of checking behind.
This is how I would be most likely to play this hand. And we'll assume v calls pre and flop.
PRE....3 bet to $20. -----V calls------Pot $40
FLop...H LEADS $20------V calls------Pot $80
Turn....H LEADS $40---V ships for $70 more.......EASY call Calling $70 to win $300.
You only need to be good 23.3% of the time to BE. You're only dead to sets, and if V really does overplay PPs this bad, you're good a helluva lot more than 23.3% of the time.