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It’s always a tough spot when your choice to continue is to cold call a 3-bet or to cold 4-bet. Given the action, I like the option of calling the least. A call would be 60% of our stack. The pot is likely to go 3-ways which would be a pot of about 38bbs (if UTG+1 flats) to 41 bbs (if UTG+1 jams). With only a 20% pot size stack, I can’t imagine ever folding. We should put it all-in if we want to play with hand.
Original raiser is opening from early position with a large raise (4bb) for a significant portion of their stack (24%). UTG+1 seems to be indicating that they are willing to play for stacks. If MP+2 recognizes this, their 3-betting range should be quite strong. AQs is too often dominated against these ranges.
I prefer a fold.
Correct play: 1) Fold
I’m going to take a stab at the ranges. I’ll might run the equities later.
UTG range to go all-in 3-ways: 2) AA-66, AK-A9
MP range to call 20 bb jam: 3) AA-88, AK-A8
REC population 4-bet range: 3) AA, KK, QQ, AK, AQ
Best stack size for 4-bet: 35bb