[catlover]

When it is 3 bets to me and I haven't acted yet, I treat it as a cap-or-fold situation. There are two reasons for this:

1) sometimes a cap will force out the original raiser.
2) cold calling gives away too much information.

That said, it is worth reexamining this philosophy with this particular initial raiser. Someone who limps in as much as this guy does is not going to be sophisiticated enough to fold to the cap. However, my second reason still remains.

I also still think folding was a reasonable option for me here. But it's tough to do with the 3-bettor being so wild.