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Think this hand flops really well 3 way, flopping a ton of good draws and good pairs that will be good very high amount of the time. Granted the latter will sometimes be dominated, but not vs a huge part of either of their ranges from these positions. It'll also be pretty easy not to loose too much 3 way here as most 10NL villains are going to play strightforwardly in these situations. I'd feel fine about calling a c-bet on Qxx/Jxx boards and folding to sizable turn bets pretty confident that my equity would be bad. In my experience it takes some really -EV decision making post flop to render preflop anything but profitable with these odds. Regarding the initiative, I don't think it's a big deal, there'll be loads of board where our hand flops back doors + overs at the very least and leading will be profitable for sure vs people who likely aren't fighting too hard for 3 way pots.
Of course if you really suck there's an argument for folding, but in long term EV you won't get better oop if we're not playing oop at all and analysing the spots.
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