88

[Crafty Veteran]

I think your opponent played it well.

Preflop cap can accomplish two things. First it is deceptive and second the 3rd player will likely fold for two more bets at least some of the time. SB doesn't need to fold very often to make capping by far the right play. Having position helps here too.

The flop and turn were played well by the winner. On the river, I think the raise is good. Given that you 3-bet preflop from the BB, the flush is unlikely. Maybe you had a pair that made a straight on the river but really it smells exactly like what you have, AK or maybe AQs rope-a-doping.

Unfortunately for you, this is just a hand where you are destined to lose money and your opponent happened to maximize the amount lost in this case. If nothing else this hand and how you view this opponent on future hands shows the value of well-placed deception.