[togilvie]

e. Refuse the deal.

You're losing value in at least three ways:

1) Reduced implied odds. Your opponents won't pay you off with worse hands when you hit a flush/straight/low. But they'll make you pay through the nose to hit those winners.

2) Bluffing opportunities are significantly reduced, except on the river. Semi-bluffing, obviously, is non-existent.

3) No deceptive value. I've found that hands like this can be most profitable when opponents put you on the wrong side of a hand (e.g. they put you on low when you hit your flush, or vice-versa). With your hand turned up, this can only work for you on the river.

Very interested in how the real experts looked at it.