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It's very rare that you are not getting a continuation bet either way, so you make 3 bets in either case.

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Nigel,

You bring up some valid points for waiting, and this is one of them. If the river was just a street, but no card, then you're right, the decision wouldn't be close.

However, what rivers come that will scare you off of a raise? Do you still raise if any diamond hits? How about a Jack? Or a Queen?

Edit: Raising the turn eliminates that possibility. It may be closer than either of us think.