Re: 2/4 Throwing away money with bottom set.
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sort of true, your bottom set has to be good 25% of the time by the river, so if he's got 75% chance of 88 and 25% chance of AK[img]/images/graemlins/diamond.gif[/img] then it's a clear fold
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Are you really saying that you're folding a set (with 10 outs to a boat, including 2 of his flush cards*) to a AK [img]/images/graemlins/diamond.gif[/img] draw? You're ahead, his odds to make his flush are now 6 to 1*.
His bets don't represent a semi-bluff at all IMO, his large flop raise could have been a semi-bluff, but after the call, he wouldn't fire again, therefore I would say that the percentage of time he's holdiing AK [img]/images/graemlins/diamond.gif[/img] is negligible.
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