PartyGaming - $0.04 NL (6 max) - Holdem - 6 players
Hand converted by PokerTracker 3
UTG: $3.47
MP: $4.00
CO: $8.67
BTN: $1.18
Hero (SB): $13.53
BB: $1.86
Hero posts SB $0.02, BB posts BB $0.04
Pre Flop: ($0.06) Hero has T♠ J♠
fold, MP raises to $0.12, CO calls $0.12, BTN calls $0.12, Hero calls $0.10, fold
Flop: ($0.52, 4 players) 5♠ 4♥ Q♠
Hero checks, MP checks, CO checks, BTN bets $0.20, Hero calls $0.20, MP calls $0.20, CO calls $0.20
Turn: ($1.32, 4 players) A♥
Hero checks, MP checks, CO checks, BTN bets $0.86 and is all-in, Hero calls $0.86, fold, CO calls $0.86
River: ($3.90, 3 players) 8♠
Hero bets $12.35 and is all-in, CO calls $7.49 and is all-in
Spoiler
Hero shows T♠ J♠ (Flush, Queen High) (Pre 41%, Flop 22%, Turn 7%)
CO shows A♠ 9♠ (Flush, Ace High) (Pre 35%, Flop 38%, Turn 32%)
BTN mucks 4♣ A♣ (Two Pair, Aces and Fours) (Pre 25%, Flop 40%, Turn 61%)
CO wins $14.23
CO wins $3.71
The entire hand is played in terms of implied odds against CO. CO is a loose-passive player who plays basically any-two.
Previous reads:
1) calls with J :spade:5 
on 9 :diamond:3 :club:5 :heart:8 :club:T 
all three streets (river bet was $1.71 in that hand, total pot around $6)
+ other similar hands where CO either pays out or hits against a better hand.
Hero's reasoning behind this play:
1) Preflop: despite being OOP, we have CO in play who might pay off well.
2) Flop: Hero is calling expecting CO to call as well.
3) Turn: Hero is tanking but calling, expecting CO to call and pay with many hit hands (pair/two pair) etc versus hero potential hit on river.
4) Hero ships river because he expects CO to call down with worse.
Any thoughts?
