[spydog]

Cap the flop and let's look at the turn play.

UTG is undoubtedly betting the turn/river after his preflop/flop play, correct?

So, that means we can decide to raise the turn or raise the river.

I'd prefer to raise the river. Why? Because we are always getting 3-bet on the turn by a set, but sometimes we won't get 3-bet on the river because a 3rd flush card hits or other scare card (like a 3rd broadway). So, you are going to get the same bets out of a worse hand, but sometimes lose less when he has a better hand.