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Raise more preflop, you're getting way too many callers
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The 4xbb had been doing just fine before...
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Important info, in the absence of other reads. If 4x raises are generally limiting the field, chances are that the time the same raise sees 4 callers, you've got a couple people using the 5/10 rule to chase set equity.
I still don't think it's an automatic fold. But I'd be aware that there's a much better-than-average chance I'm drawing nearly dead. Add to the very real set possibility the chance this is a BB who will call any non-suicidal raise who may have hit his 2 pair, and you're looking even dicier.
Ultimately, I'd decide like this:
- If my BR can take the hit, the combo of (chance I'm still ahead) + (willingness to show down aces so the field knows I can't be pushed around when I'm holding value) makes it worth risking a buyin.
- If the hit to BR would be fiscally or psychologically painful, fold, knowing you can find a better spot when the PFR does its field-thinning job more successfully.