Re: i flop flush draw out of the blinds c/r on flop
Fold preflop. With 42s, you're playing the flush and straight possiblity, and with only 2 other players in the pot, you're just throwing away money here.
I don't like the flop check-raise. You're hand is obviously the worst at the moment, and your pot equity doesn't justify a raise. UNLESS you are fairly sure that CO will fold, AND button was betting a marginal hand that he'll fold to a turn bet. I seriously doubt both these two situations will happen a good amount of time as button cold-called and CO is the pfr.
After CO 3-bets the flop, we can pretty much put him on an overpair (the most likely), set, or higher flush draw. I actually like a bet on the turn since your play represents a T, as you might get an overpair to fold, and an overpair will be hard-pressed to raise you.
I think I prefer a bet-call on river rather than a check-raise. JJ will probably check behind this river. QQ and AhKh are still ahead of you. Only hands that you gain here by a check-raise are against AA and KK.
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