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Not to mention a draw has stable equity against a variable range of hands. Meaning whether he has TP, Overpair, or a set, our equity isn't going to change that much. The only hand we would hate to see if we had a draw would be the same draw, only stronger (higher flush draw).
If you have no fold equity here, as you expect his large cbet to be strickly for value, then a raise here with <50% equity would be incorrect. As we know it's a mistake to build the pot with <50% equity and no fold equity. So yeah, if you really have no fold equity, then a call is going to be correct here.
Like, if he has a range of JJ+, 66, 33, QJ+, then we have 43% equity against his range. We only need 33% equity to make a call BE (1.8/5.5), so a call is certainly +EV. Given a raise has no fold equity, and this is a board we expect to get 3bet shoved on fairly often, as we don't expect him to call and check turn to us often, then a raise is going to be -EV (depending on his actual hand, as you have 51% equity against like JT).
So, if your assumptions are correct, flatting here is fine, and the best/correct play.
However, if you didn't have the read that this is strictly for value, I'd raise here and stack off all day, as long as his opening range isn't really tight. Given 43% equity against his range, and the fact that a fair amount of his hands aren't continuing to a raise (77-TT, AK, AQ, KQ, 44-55, air), we are going to show a profit raising and felting the flop.
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