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Slight nitpick, you can't bet 3-bet this guy, it just ends up as a cap. If you want three bets you have to check raise and call his reraise.

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Yes I did mean 4 bets

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I assume you would just call preflop, or would you fold?

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Fold PF for 1 BB HU to a super maniac? Why would I do that?

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Are you saying that you would even cold call this guy with T5o? I thought the correct approach was to attack these guys with showdown cards which T5o is not one of.