.50/1, Pokerbros, 6max, $120 effective. It's a new table, so everyone's stats are unknown.

OTTH

LJ opens $4, hero calls OTB Q J, BB calls.

Flop ($12.50): Q 7 7. BB x, LJ bets $6.25, both hero and BB call.

Turn ($31.25): T. X around.

River ($31.25): 5. BB leads $20, LJ folds, hero folds. I see myself purely calling KQs pre, and calling AQo about 50%, 3 betting AQs exclusively. Do you even call AQ here?

what are you exploiting?

Under bluffing...I just assumed in equilibrium that this is a call

do you really have many worse hands than this that get to the river this way? also remember in mw pots that the third player shares in your defense frequency. this seems like a super standard fold because you're at the bottom of your range. as for your actual question, idk.

well... underbluffing is probably correct.

but can you imagine how less coldcalling preflop happens vs a 4x sizing? i can also assume that bb should mostly squeeze or fold in that spot and should only have a very narrow overcalling range. on the flop the preflop raiser should be checking a lot on a Q77 flop after opening from LJ for 4x. So LJ is already repping super strong "in theory". so not sure what bb would be supposed to overcall on the flop that is weaker than QJ. so i can imagine river is pretty much a straight forward fold. But these 3 way spots are just a mess gto wise.

without any good infos i would probably 3b/f pre... rather fold.

Kind of OT but I've noticed that you do a lot of cold calling preflop - do you only do it on the BTN? I would usually advocate for the 3b/f strat when not in BB in what I'm assuming is a very high rake game, but I think it's ok if you want to develop a cc range on the BTN exclusively since your pool seems to be full of passive fish

Really hard to say what equilibrium would be since this is a mw pot, but as far as the real world I think you're correct. AQ would be the absolute bottom of my potential calling range, but it might even be correct to fold that since BB has the lion's share of trips combos (especially if he's fishy - there are so many combos of offsuit A7/K7)

True. This is actually probably the worst hand we have.

You're right, good points.

I mainly just call BTN and BB, but I definitely do regular flatting from HJ, CO, and SB. I flat these positions when the original raiser is a mega station and super sticky post, which is actually very common.

My thinking is that they are always going to call my 3 bet; however, if I just flat, they'll always get stacks in by the river with all of their top pair - even on a three card flush/3 to a straight board. So I feel like it's best to just flat pre in these spots...Also, I forgot to add that squeezing is not really a thing in these games; there definitely are players that do and I have them marked, but a supermajority is squeezing only premiums.

Rake is 5%, up to $3.

true. but there are also downsides you should keep in mind. it feels good to make the nuts and villain stacks off with 1 pair and 0% equity when he really shouldnt and we think "lol he is such a whale". But what when you dont make a very strong hand? imagine flop is T84r and villain bets 1/2 pot. you are OTB but BB is still left to act. lets say you call and bb also calls. turn is a queen and LJ bets 3/4 pot now. what do you do? this spots can get really tricky and costly so i personally would not want to get into that mess without having more information about my opponents.

you underestimate how bad the player pool is on pbros. not saying id flat QJs here vs a 4x but vs a 3x is completely reasonable, esp with fish in the blinds. with zero information id agree to 3b or fold pre (default folding for me).

don't need to start folding that easily to 2/3p bets
guy could bet worse QXs, good Tx or just random stuff Ax that tag along otf for all we know
I'd 3b pre pretty much always