If you want to keep it simple, you raise it when you have the nuts. At least at PLO5 and PLO2 I wouldn't worry about complicated strategies, you make profit with very straight forward style unless opponent is well known.
Once we start to get more thinking players to the pool, we should think more balanced approach. No matter how we play this (raise or call), we need to dodge the turn. There are few questions we need to ask ourselves:
- Does the opponent exploit you in future, if you never call with a set (=do we NEED to have sets in our call range)
- Is opponent's donking range heavily weighted to draws or made hands?
- What is the best way to get value, if he has a draw?
- What is the best way to get value, if he has a middle/bottom set (now he can't have middle, ofc)
To the first one, I would say even if you have 0 sets in your call range versus unknowns, it won't hurt you at lower stakes. Versus most known players, it still doesn't hurt us even if we always raise top sets (or any set).
Second is often not known, but in my experience from somewhat solid/passive players it's often weighted to either. Once you figure that out, you will print money.
Third and fourth are the reasons why at lower stakes I favor a raise with top set a lot. If we compare two lines, call flop and raise turn or raise flop, the thing is that on blank turns we get the same amount of money in. But if he has a draw and he checks blank turn, we get less money in. Also, if he has a lower set and turn completes a draw, it goes check-check and we miss value. The upside is that if we call flop, turn completes a draw and he pots (or bets big), we can fold and save money. Also at lowest stakes people make constantly mistakes (also at a bit higher too) by calling with draws that doesn't have the equity to call. I see in every session this same spot, and opponent has naded oesd or fd, or even gut shot and they call a pot sized raise. That is a big mistake, and to make money you have to give them chances to make that mistake. Therefore I have found out that versus pool that calls way too much and usually bluffs way too little, playing strong hands hard is the way to go.
From our perspective, having a default donk range makes flop strategy VERY complicated. If we have donk as a default strategy, it should have some balance in it. Of course, if pool is calling too much, our donk range should be weighted to value range. And all of those hands we donk are away from our calling or raising range. So having a donk ranges screwes our call and raise ranges. And to have enough balance in 2 more or less polarized ranges (donk and raise, which should be polarized to values and bluffs) is quite hard in reality. Quite often we don't have a clear idea of the ranges and we make the decision based on how we feel. That is not good default strategy. My advice is always to start with 0 donk strategy, and make sure our raise range is good and working. Once we have info on opponent, we can start to donk once we have a good reason (opponent cbets very litte or folds too much to donks). This is for HU pots. In MW pots we should donk more to build up the pot, and that would be pretty much always for value as default.
On solver, removing donk range doesn't really affect EV.
At lower stakes, in my opinion there are two things that favor 0 donk range in HU pots:
- Opponents are a bit sticky at flop, so donking as semibluff rarely has enough FE
- Opponents are cbetting way too much, meaning that check-raise gains more value.
In the posted hand, if we could as the opponent is that bet a bluff or raise (does he want you to call or fold), I am quite sure that he couldn't answer. There is no strategy thinking behind it. He has connected with the board, he bets. So simple.