Re: i think this line sucks.
I don't understand raising the river here as opposed to raising the turn. If he is on a draw, he is calling your turn raise, not your river raise. If he has an 8 he is more likely to call the turn raise, as a river bluff might seem less likely by you.
A safer play (not sure on EV+-) would be to lead the turn, so that a 7 would only be paid off another 3 BB, instead the 4 that a checkraise on the turn or river would cost.
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