[Lmn55d]

Good post. One question:

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but it doesn't change my basic point that QQ is not making money off of AK's flop call.

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I understand that QQ would rather AK fold then call. But isn't QQ still making money off of AK's flop call? Isn't this why he should bet instead of check? My understanding was that AK was losing money on this particular street even though his call is +EV. It is +EV because of the pot size but QQ is who is making the money on the flop. Is my thinking misguided?