I have started to learn and play PLO, and have had break even results for a few thousand hands.  Here is a hand a ran into at the end of my session yesterday that I may look back on and say, easy fold, easy call, or the classic “it depends”

Full Tilt Pot-Limit Omaha, $2.00 BB (6 handed) – Full-Tilt Converter Tool from FlopTurnRiver.com

Hero (UTG) ($354.20)
MP ($200)
CO ($339.05)
Button ($426.90)
SB ($249.15)
BB ($326.15)

Preflop: Hero is UTG with K, K, 9, 5
Hero bets $7, MP calls $7, CO calls $7, Button calls $7, 1 fold, BB calls $5

Flop: ($36) 4, Q, K (5 players)
BB checks, Hero bets $30, 2 folds, Button calls $30, 1 fold

Turn: ($96) J (2 players)
Hero checks, Button bets $48, Hero calls $48

River: ($192) 8 (2 players)
Hero checks, Button bets $192

Button in this hand has not done anything out of line, and been pretty quite and straight forward during the session.  This is my last hand of the session, as I was planning on leaving regardless of what happened here.
I feel like the 1/2 pot turn, pot river line that he takes means business and he probably has a straight.  I feel like on the turn he is scared of a potential flush hitting and doesnt want to get a ton of chips in w/out a lock.  Once the river comes, and he probably has the nuts, he bets full pot trying to get max value.  I just wonder if he is reading my line for weakness and knows I can’t possibly call a full bet on the river w/out the nuts myself.  Regardless, I doubt he is value betting 2 pair in this spot or a smaller set, due to the full pot bet, which means my hand is turning into a bluff catcher, and I dont think he is bluffing often enough for me to show profit.  Some other thoughts in my head are:
-i have been raising lots of pots, so my EP raise is far from AAxx and he should know that
-it is a multiway pot and people tend to play more straight forward in multiway pots.
Here is a fun one I saw yesterday that I was not involved in, but shows that these games just might be beatable:
Full Tilt Pot-Limit Omaha, $2.00 BB (6 handed) – Full-Tilt Converter Tool from FlopTurnRiver.com

Hero (CO) ($414.50)
Button ($242.40)
SB ($364.60)
BB ($440.70)
UTG ($152.30)
MP ($109.35)

Preflop: Hero is CO with xxxx
1 fold, MP bets $7, 1 fold, Button raises to $24, SB calls $23, BB calls $22, MP raises to $109.35 (All-In), Button raises to $242.40 (All-In), SB raises to $364.60 (All-In), 1 fold

Flop: ($618.15) 3, 3, 4 (3 players, 3 all-in)

Turn: ($618.15) 7 (3 players, 3 all-in)

River: ($618.15) 6 (3 players, 3 all-in)

Total pot: $618.15 | Rake: $3
Main pot: $352.05 between Button, SB and MP, won by MP
Side pot 1: $266.10 between Button and SB, won by Button

Results:
Button had 10, 9, 8, 6 (flush, nine high).
SB had 2, Q, K, 5 (straight, six high).
MP had 8, A, 4, 3 (full house, threes over fours).
Outcome: Button won $266.10, MP won $349.05

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