One day I will learn how to play 10/20 LO8

[TMTTR]

More questions than answers...

How much does the preflop and flop fold equity play here? If the BB is a reasonably tight player and can fold preflop near 50% of the time and will fold on the flop to a c-bet when he misses, I think a raise from late position with this kind of hand is good. Is open limping from late position ever "correct" in a LO8 game?

The hand develops on the turn in a way that they so often do in O8. OP has acquired a very good draw and the low hasn't come yet. But before OP can decide what to do, the BB leads out. So now is this a tricky move or does he have a real hand? In O8, I suspect its a "real hand" but that could be a monster draw (which we lead at this point) or a made hand (2 pair or set). Once I get to this position, I don't think I can fold. If you are behind, you have between 5 and 16 outs to scoop the pot...

That is my ruminating... I think I either raise or fold preflop depending on the blinds -- if I raise, I play it exactly the same as OP.

Tough spot --