BTM 2 and Q high FD OOP needs a plan

[Bump_Bailey]

Full Tilt Poker
Pot Limit Omaha Ring game
Blinds: $0.50/$1
6 players
Converter

Stack sizes:
UTG: $100
UTG+1: $95.50
CO: $107.10
Button: $373
SB: $99
Hero: $158.50

Pre-flop: (6 players) Hero is BB with 5[img]/images/graemlins/diamond.gif[/img] Q[img]/images/graemlins/club.gif[/img] Q[img]/images/graemlins/diamond.gif[/img] 8[img]/images/graemlins/club.gif[/img]
2 folds, <font color="#cc0000">CO raises to $3.5</font>, Button calls, SB folds, Hero calls.

Flop: 5[img]/images/graemlins/heart.gif[/img] T[img]/images/graemlins/diamond.gif[/img] 8[img]/images/graemlins/diamond.gif[/img] ($11, 3 players)
Hero

CO is 40/10 3.5 over a 100 hands but I don't have a good read on him. BTN is loose passive.
I felt very lost here.

[TheBjerre]

Bet pot and fold to a raise..

[kolotoure]

I like pot/fold because most villains will call with a pretty wide range but check behind with a lot of they call with

[DonCologne]

check raise

[kolotoure]

I think most hands that don't have us crushed check behind

[crashwhips]

[ QUOTE ]
I think most hands that don't have us crushed check behind

[/ QUOTE ]

PFR has a 3.5 AF I think he's c-betting virtually any 4. If the passive player raised I'd muck it, but otherwise I'd probably check raise and play for stacks here. The only hand that has us crushed is a set with a higher flush draw. Everything else we have a decent number of outs against or are ahead of (although maybe not in equity if he has a wrap/higher flush draw).

If I decided I didn't want to play for stacks on the flop, I would bet/fold as others have suggested

[wazz]

Yeah I really like a lead here, it puts most marginal hands in both positions react more strongly than if the CO standardly c-bets.

[crashwhips]

[ QUOTE ]
Yeah I really like a lead here, it puts most marginal hands in both positions react more strongly than if the CO standardly c-bets.

[/ QUOTE ]

And what do you do if you lead and the CO raises? (I assume you'd fold if the button raises as since he's passive he probably has a set if he raises). The CO is aggressive, so he's definitely raising a set of tens, top two with a redraw, and KKxx or AAxx with diamonds, probably raising combo draws (some of which you are doing very well against, some not so much), and maybe raising dry wraps or top two. You're in good shape against many of those hands so it'd be a tough laydown to make.

I think you probably have to play for stacks in that case, which is why I prefer a check raise, as you still play for stacks against CO when he wants to, but additionally you can get a c-bet out of CO when he's weak, trap the button's money in if he just calls, and charge either player more money/force them to fold if they have a wrap or a higher flush draw.