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i was once told that limping any two suited on the button is fine at lower stakes as long as you can play well post flop. i dont know how much i agree with it, but the source is a pretty good player.

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i'd probably at least minraise. just give him the chance to fold. and discourage the SB from coming along.

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i think the worst part of the hand, by far, is the river bet/call

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well, yeah.