When not to slowplay a set?

[staunchdog]

My plan A would be something like this:

Unless there is 2 to a flush on the board, I don't think you have anything to worry about here. I don't think anybody would be playing 45 or 56. I might make a small bet to cut down the odds on an inside straight draw (say a little less than half of the pot). Everybody will fold to the Ace, who should reraise, and then you can just call him on the turn and try to sell your hand on the river.

If there is a two flush on the board, I'd make a pot-sized bet for value on the flop.

[VBM]

what is:
EP
MHIG

?

[Wayfare]

EP = Early position
MHIG = My hand is good

[slaman]

The way I view this situation may be a bit different than other people that have responded.

There are four people, this is a fairly large multi-way pot now. You need to eliminate any chance of draws, both flush and straight draws. I personally would open up betting the size of the pot.

What this would do would make the Ace pair to *just* call, and if you've got a fish in there, maybe a flush draw might call as well.

Now you've $12 in the pot pre-flop, $48 after flop (or $36 if it's just you and Ace).

Turn comes, and it's a blank, show weakness somehow... pause... then bet the same amount - don't increase your bet size.

Now what I'm assuming is the flush draw folds, and the Ace pair will either call or raise (you react by calling, not raising)

You want that Ace to make two pair and let him think he has control now.

When a flush card drops, check, he bets, you go all-in.
When a blank drops, bet double what you've been betting previously.

Huge pot this way.

What's wrong with my approach? This is how I'd personally do it, but I'd love to hear critiques.