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For all we know he could have flopped a flush and when the board became double paired he must have realized he was beat and made a correct fold. We dont know for sure that was a hopeless bluff.
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Yeah, one hand in isolation can be confusing (if the fold was correct, the raise immediately preceding it certainly was not). So, here's another, with the showdown hand, same villain:
Party Poker 3/6 Hold'em (6 max, 5 handed)
FTR converter on zerodivide.cx
Preflop: Hero is MP with A[img]/images/graemlins/spade.gif[/img], A[img]/images/graemlins/diamond.gif[/img].
<font color="#666666">
1 fold</font>, <font color="#CC3333">Hero raises</font>, Button calls, <font color="#666666">
1 fold</font>, BB calls.
Flop: (6.33 SB) 5[img]/images/graemlins/spade.gif[/img], 7[img]/images/graemlins/club.gif[/img], T[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(3 players)</font>
BB checks, <font color="#CC3333">Hero bets</font>, <font color="#CC3333">Button raises</font>, BB folds, <font color="#CC3333">Hero 3-bets</font>, Button calls.
Turn: (6.16 BB) 5[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">Hero bets</font>, <font color="#CC3333">Button raises</font>, <font color="#CC3333">Hero 3-bets</font>, Button calls.
River: (12.16 BB) 7[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">Hero bets</font>, Button calls.
Final Pot: 14.16 BB
Results:
Hero has As Ad (two pair, aces and sevens).
Button has Jh 9s (two pair, sevens and fives).
Outcome: Hero wins 14.16 BB.
Raised me on the flop and turn with nothing but a gutshot. Like I said, I didn't see him going crazy much postflop, so I'm thinking I must have done something to make him believe I can be put off a hand. (Of course, this time it's the river call that's mind-boggling.)
Edit: and I wouldn't be bringing it up if it wasn't happening a lot. I noted at least a half-dozen examples at this one table, of course not counting the times it might have worked.