Poker Quiz Question #7

Q#7: $5/10 NL cash game. 10 handed. Everyone has about $1,000. Solid player UTG limps. A tight player in middle raises to $40, a tight-aggressive player behind him re-raises to $150, and the button puts in a third raise for half his stack to $500. You're in the BB with KhKd. What should you do?

1. Move all-in
2. Call
3. Fold
4. Call and go all-in if flop doesn't have an ace 

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A#7: 
As psychologically hard it as it may be to do, the correct answer here is to fold. Yes, fold. If you had AA, the correct play would be to shove all-in. But with KK in this spot, you're almost certainly facing someone with AA. Yeah, I know: Harrington likes to say that he isn't smart enough to fold KK preflop, and therefore neither are you. But in this instance, you're almost certainly beat-- and therefore you should be smart enough to fold. As Doyle Brunson has often said, a third RR preflop in a cash game is either KK or AA. Since you hold two of the kings, the most probable likelihood is that the re-reraiser has the rockets. In other words, it's time to dump your cowboys. Getting out cheap here is the difficult play, but it's also the right play.

All-in for now...
-Bug