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the answer is entirely read dependent. The continuation bet is not as prevelent as you make it seem. Rarely do I find a consistent continuation bettor. With this in mind you want to challange every Continuation bet they throw at you.

However your not going to be able to know which is a c bet and which is a value raise without wathcing the player and understanding his level of play.

It also has a lot to do with position and how many other players are in the pot. Not to mention pot size. Contesting every 2 dollar pot with raises and c/r is not a good idea.

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True. Assume HU. I mostly fold to the C-bet/value bet but have started to wonder if its to often. As u say its not my ideal spot to get very involved in a large pot with a small pair its kind of a way behind/coinflip situation so it is important with reads and maybe choose the size of the reraise to get max EV by FE. This is a tricky situation but very common.