[grizy]

I am OKAY with teh call since you'll get to see UTG react to button on the flop first. I wouldn't make the call myself though given the deep stacks.

Bet flop. Probable best hand and you can't really count on button to bet the hand for you with two others in the hand. C/R is okay some of the time but not my default.

I llike folding on the flop after UTG raised although calling to reevaluate turn is okay here. If button folds, I'd bet any turn (amount depends on what turn card is). If button calls, then I am probably done with the hand (button is likely to call with any draw, that's why I prefer folding here). If button is laggy and capable of pushing with backdoor flush + overpair + OPESDs... fold, you can get squeezed here badly a lot.

Turn bet is bad (probably the worst part about the hand in my opinion). You're getting no value here from anything worse and very likely putting yourself in a real bad spot.

Using your own analysis, UTG has at least two pairs or a premium draw. two pairs has 4 outs and won't call you so there is no value. The premium draws on a rainbow board just hit. If button folds to your bet, it is still not certain UTG will fold a higher set but it is almost certain he'd fold pairs so there is questionable fold equity here.

On the other hand, if you get raised... you just stuck in a lot of money as a rather big dog.

I'd call turn raise although it's probably a leak in my game.