Re: NL50: Set on a Flush board, Rs\'d on Turn, River Action?
The guy's stats and behavior are screaming flush.
Preflop: raise? I'd make it $3.50-$4 and be happy to pickup the pot preflop. You either have the best hand or UTG+2 is about to limp-raise you. Getting into a limped pot like this out of position makes things more difficult for yourself, and if you increase the pot this becomes easier to play.
Suppose you raise to $4 and get 2 callers. Pot is about $12 now and flop is KT3. Personally, I'd punish their preflop call by overbetting $15-$20 (depending on how loose these guys are, but since it's 3 way I'm inclined to do the larger $20 bet) and shoving any turn. You don't have to always bet the pot or less; you're playing no limit for a reason. You have a multi-way on a drawy board and might get KQ or such to stick around, and your opponents have shown a propensity to be too loose. Abuse them for that mistake.
Flop: This looks good, and is probably what I would do. I'd also consider overbetting to $3.50 or $4, depending on how loose/unobservant/chasey the opponents are. We're out of position in a three way with a vulnerable monster against two loose, passive players. Calling $2.50 with a flush draw is easier than calling $4 with the flush draw, and I like to make opponents have tougher decisions.
Turn:
I'd consider betting more. You don't get much of the stuff losing to you to stick around unless the opponent is particularly bad (which LPP usually is). However, a particularly bad opponent would probably stick around for $7 as well as $4, AND it makes a c/r bluff more difficult to pull off. This makes the river an easier c/f. Finally, you might get a flush to slowplay the turn by just calling, so you can open-shove the river if the board pairs and have a decent chance of getting called.
In regards to checking the turn, there aren't many hands sticking around at this point that aren't a flush, but there are still hands you're beating that can draw out on you on the river. You really have to protect your hand against something like AdKx, QJ and such.
River: c/f looks good, maybe call a <$6, or similarly suspicious, bet, but assume you lose most of the time.
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