88 playing against no overcards

[Aviston]

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But doesn't that the fact that the SB bet and the BB called mean random/semi-random holdings are a little less likely?

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I don't think it does. I think these players are capable of betting/calling with as little as a pair, an overcard, a gut shot straight draw, etc. I believe there is a large range of hands SB and BB could have at this time.