99 against UTG raise $4.40

[OatmealJoe]

Yes, against his calling range you would have significantly lower equity.

For instance, if he called with 99+, AJs+, KQs, AKo you'd have only 35%, not 46% equity.

equity win tie pots won pots tied
Hand 0: 64.122% 63.11% 01.01% 382546980 6130452.00 { 99+, AJs+, KQs, AKo }
Hand 1: 35.878% 34.87% 01.01% 211347732 6130452.00 { 99 }