Re: How would you handle this situation?
I'll say it again: push or fold preflop.
[Ed.: Take the rest of this with a grain of salt because I'm a noob.]
I think this is a call. You're getting a good price on the call, the blinds are high, and you're going to be at a 2:1 chip disadvantage if you fold. If you win you're in a great position to take first. If you lose then 3rd is almost as good as 2nd given the structure anyway.
Besides, with only 3 people left I think you might be overestimating villan's calling range a bit here. There's also the possibility he read your weak-ass preflop raise as, well, weak and is making a play at you. If he's really a good player like you said, he knows it's time to gambool it up a bit for first.
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