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Why is it "horrid" and not just marginally bad to fold that?

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57s is a great hand. You are getting 7:1 four way-and you will flop a draw/good made hand more than 12.5% of the time. You are giving up too much if you fold good hands preflop just because someone raises.

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FYI, I was in the SB, not the BB in this hand.