From 1 to 10, how bad is this?

[kingme620]

Full Tilt No-Limit Hold'em, $0.10 BB (7 handed)
MP2 ($1
CO ($13.25)
Hero ($40.90)
SB ($19.50)
BB ($20)
UTG ($19.40)
MP1 ($9.30)

Preflop: Hero is Button with , .
UTG calls $0.10, 2 folds, CO raises to $0.45, Hero calls $0.45, 1 fold, BB calls $0.35, UTG calls $0.35.

Flop: ($1.85) , , (4 players)
BB checks, UTG checks, CO bets $1.3, Hero calls $1.30, BB folds, UTG folds.

Turn: ($4.45) (2 players)
CO bets $4.45, Hero raises to $10, CO raises to $11.5 (All-In), Hero calls $1.50.

River: ($27.45) (2 players, 1 all-in)

Final Pot: $27.45

[emmapeel]

Since it was only CO that raised I think our hand might be good enough to re-raise pre-flop. CO will usually be raising a wide enough range for our hand to be well ahead here. The idea is to get heads-up against the CO with a good hand and the advantage of position. I think I would be doing this.

The flop is tough and CO has bet into 3 opponents suggesting a made hand like an over-pair. We are beating most of these so it's tough to know what to do. Villain may also have a big draw hand with a flush draw or even just AK with a gutshot and two over-cards. I would guess that raising and calling are equally good here.

On the turn villain has bet the pot suggesting a big hand. Maybe villain is protecting a hand like TT or 99 here but I think it looks more likely to be a better hand. I don't think pushing is terrible as villain can have a big draw or a weaker hand still here but I think I'm folding here unless villain is loose and aggressive.

EP