Re: .5/1 8/b Dead Aces
I don't think I've ever mucked Aces on third street. I think I would here, though. You've got a very dead high hand in a multi-way pot with lots of low cards in. There are better spots.
Fourth is definitely a fold. Your hand got a little deader, and you're looking at three strong low boards. No one is folding to your puny raise. Get out.
Once you've caught the second pair, I'm fine with your play.
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