Re: Watch me play like an ass!
If you had a good read that the preflop raiser was very loose with his raising hands, you could 3-bet. Otherwise fold.
Cold-calling is just inviting the blinds into a multiway pot, which isn't good for KQo, especially against a PFR.
The button is nice, but look at your relative position. You're first to act, right after the PFR, so you're going to have a very tough time playing postflop.
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