Re: Is this a terrrible play or am I a big dummy?
the BBs play is ok in my book. At this stage in the 200s he has a good enough chance to win, which a) will eliminate you and b) cripple the SB and c) make him the chip leader with a great chance to win it all. If he loses to an all-in from the SB he is ITM. Even if SB was so stupid to fold and he loses to you only (what actually happened) he has still some chances to get into the money.
From above, you'll see that the foolish plays had been made by SB. Smooth calling is very debatable here. IMO he has to go all in. And, no way he should fold KQ here after putting in 1100 already. The pot lays 4900 for his 1600. If he loses to you and the BB he has still 1000 left and if you lost to the BB as well he is already ITM.
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