Set odds marginal 3-way

[Robb]

SB is 18/15 TAGG-reg who doesn't 3bet very wide. UTG 1 is 23/4 and has made a couple loopy decisions postflop. I typically set mine w/ >20x set odds, and I would prefer 15x odds in this spot (only getting 12x but flop will be 3-way if I call). I feel like the TAGG stacks off lots with over pairs and TPTK's 'cuz the pot's so bloated, and I'm pretty happy with the loopy guy being 150bb deep.

Included the flop 'cuz the hand set up perfectly for me. So I'm biased by the results. Anyone fold this preflop?

$0.5/$1 No Limit Holdem
6 players
Converted at weaktight.com

Stacks:
UTG ($161.80)
UTG 1 ($147.50)
CO ($48.45)
Hero (BTN) ($182.15)
SB ($107.50)
BB ($121.10)

Pre-flop: ($1.50, 6 players) Hero is BTN
UTG raises to $2, UTG 1 calls $2, 1 fold, Hero calls $2, SB raises to $12, 1 fold, UTG folds, UTG 1 calls $10, Hero calls $10

Flop: ($39, 3 players)
SB checks, UTG 1 bets $22, Hero calls $22, SB folds

[Parasurama]

idk why but my intuition is that this is very close to neutral ev

[mixchange]

This is minus EV and a clear fold PF. He has to stack off like 90% of the time you flop your set...

This hand is almost like everyone limped PF IMO.

He can do this very, very wide and is correct to do so even OOP with almost ATC depending on his hand reading.

[Parasurama]

Yeah but OP stated that he doesn't 3bet wide even if it's correct for him to do so

[mixchange]

I don't 3bet particularly wide at 4% and I'd make the same play, so I don't know if we really can found setmining on that assumption. I'd need like under 2% or something, haha

[Robb]

I don't 3bet particularly wide at 4% and I'd make the same play, so I don't know if we really can found setmining on that assumption. I'd need like under 2% or something, haha

Sorry, I should have been more specific. I checked both 3b an sqz stats while thinking this through at the table, and he was 3 and 4 respectively. I think I had about 400 hands on him at the time.