Based on the preflop tell never in a million years would I put him on 45s. He is so passive when it comes to hands like that. I think his raise here is completely random. I told you what I thought he had. 10’s+ for pairs. And that’s it once he barreled Al three streets. He’s not even double barreling w large suited broadways after a stab on the flop.

Jamming river is a fine value play, should be +EV. You lose to 10 combos (66/54s/88) in Vs value range and beat a much greater number of combos of overpairs. I assume he’s bet/calling river with at least AA/KK so it should be a fine spot to jam.

Yogurt, this is a raked game if you read OP.

I looked at GTO Wizard's range for 3x open, raked, with button cold calling and it is a mix of fold/call/raise, mostly fold. With the 4x open it is probably more a fold in theory.

Also, the rake is $7 out of $62. Is this a fixed drop? Seems high. I could see the argument for 3bet or fold with that rake (and if v never folds, then those would just be a fold).

That said, assuming a pretty big edge and weak players, and suspending judgment about the high rake for a minute... I would probably be peeling to see a flop. I mean, villain is only supposed to have 54s a small fraction of the time at a 3x open. He is probably opening all suited connectors and pocket pairs despite having a 4x open. Button is almost certainly wider that he should be in a GTO sense, probably playing a bunch of suited connectors (maybe even gappers) and pocket pairs that should mainly fold or pure fold, and even things like KQo. You are doing very well vs these ranges, probably a good 30% in raw equity with a hand that realizes equity pretty well. That definitely doesn't seem bad. But you are calling $20 and the flop you see is only $55, so you don't have the direct odds to call. Also, you really aren't super deep considering the 4x open and cold caller. I think if you were $1,000+ deep it becomes a clearer call. I still think I lean towards a call if you have a big edge, but it is closer at this depth.

I also think I lean towards peeling flop after button folds. You should have decent implied odds vs his range and showdown value if he is bluffing overs. He is dominated if he has a hand like AK and AQ and doesn't know what to do when he whiffs flop. Straightforward call on turn.

I think river jam is fine. Is he really going to fold an overpair for $220 more? If his range is exactly QQ-AA, 54, 66, 22, 88, and he is calling it off with overpairs, then you have a profitable jam. If you start adding JJ, TT, 99, it is even better.

yes rake is high in this game. its max $8 10% and they obv round up lol.

Super standard.

Lol at considering just calling the river against the player you described.