One of those, to value bet or not situations

[jackrich00]

Full Tilt Poker - No Limit Hold'em Cash Game - $0.05/$0.10 Blinds - 5 Players - (LegoPoker Hand History Converter)

SB: $10.60
BB: $10.30
UTG: $10.00
CO: $8.45
Hero (BTN): $9.85

Preflop: Hero is dealt Q[img]/images/graemlins/diamond.gif[/img] K[img]/images/graemlins/club.gif[/img] (5 Players)
UTG folds, CO calls $0.10, <font color="red">Hero raises to $0.45</font>, 2 folds, CO calls $0.35
Uncalled bet of $0.00 returned to Hero

Flop: ($1.05) 4[img]/images/graemlins/heart.gif[/img] K[img]/images/graemlins/diamond.gif[/img] 2[img]/images/graemlins/club.gif[/img] (2 Players)
<font color="red">CO bets $1.05</font>, <font color="red">Hero raises to $3.20</font>, CO calls $2.15

Turn: ($7.45) 8[img]/images/graemlins/club.gif[/img] (2 Players)
CO checks, Hero checks

River: ($7.45) 2[img]/images/graemlins/heart.gif[/img] (2 Players)
CO checks

Pot Size: $7.45


HERO???? to value bet or not to value bet, he is playing a 40/14