[Raxxmataxx]

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I don't care if it defines my hand. I have aces and I am representing kings.

[/ QUOTE ]Yeah, that's the problem. KK and AA is functionally equivalent here and it's going to make it much harder for you to make the other high hand a jamming partner on 4th and 5th.

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I don't want people seeing 4th cheaply with low pairs or low draws.

[/ QUOTE ]You don't actually have that much equity in a 4-way pot. So no, at this point you're not charging them much at all.

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Also, I could make the same play here with a draw and the best door card.

[/ QUOTE ]That does make it better, but in that case you're putting in a lot of money with really crappy equity.

It just seems much simpler to just call here and put in the raise on 4th when you can actually expect someone to fold.

Looking at 4th further, raising does seem mandatory. But it's still not doing a thing against low draws.