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Yes. You've got a 20% chance of flopping a flush draw and a ~23% chance of flopping a set. So about 40% total of flopping a decent equity hand (not to mention the AA by itself). When you do flop a draw or a set (nearly half the time), you want to have a nice big pot to play with. It's an easy raise.

Don't just raise with lows from UTG unless you want to be nice and readable. This is an ideal hand to mix it up with.

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