$100 PLO on UB. Avg pot >$50. Villain is a regular who seems to be a winning player. He raises a lot of hands preflop. On the flop he is selectively aggressive (he won't CB if he misses against a large field) but he picks up a lot of med sized pots uncontested. He is also tricky and not afraid to bluff big in HU pots.
I have $120, villain covers.
I get [Ts][Td][9s] in MP and limp. Villain in SB raises. EP (unremarkable) and me are the only callers.
Flop (pot=$20): [Tc][8s]. Villain checks, EP checks, I pot. Villain calls quickly, EP folds.
Turn (pot=$60): . Villain thinks for a while and checks. I check behind.
River (pot=$60): . Villain thinks again and checks. I bet $30.
Here's my thinking throughout the hand: please let me know if you think it is correct.
Preflop: standard: I have a decent hand, position on a loose raisor.
Flop: Usually villain will try to pick up the pot if he has a decent part of the board. I think he'd lead out with a set, big draw, or even top two. I pot because I think I'm ahead here, and because I need to protect against better draws.
(BTW, what would you do if checkraised allin here?)
Turn: I make my flush (third best). I'm still quite confident I'm ahead but I'm not sure what villain called my flop bet with. At any case if I'm ahead then villain doesn't have many outs against me so the free card is not too much of an issue. If I'm behind I don't want to invest too much. Also, I wouldn't like to face an allin checkraise here and having to figure out if it was the nut flush or not. Finally, if I check behind here villain may think that I took a stab on the flop and he may bluff the river.
River: it's pretty clear now that villain doesn't have a monster. I make a value bet which, according to him may look like a bluff. (This is my standard amount; I'd bet the same with the nuts). He should call here with anything better than two pair I think.