When it comes to how to play two pair in multi-way pots, things change a bit because slow playing becomes a riskier endeavor.
While there are no hard fast rules on how to play two pair in poker, in multi-way pots I typically prefer to fast play my hand.
The reason is twofold. First, you want to protect your equity which is far more vulnerable due to there being multiple players in the pot.
Second, you will have more incentive to bluff in multi-way pots (especially when out of position) because the pot size is bigger and it’s less likely you will win at showdown if you merely check-call. The latter is true because it’s less likely you can turn your hand into a bluff on a subsequent street or outplay your opponents.
In short, in multi-way pots, it pays to have a strong hand if you get to showdown.
To balance out the times in which you’re going to be aggressively playing your draws with a check-raise, it often makes sense to raise for value with your strong hands like top two pair.
Take a look at this situation from one of my readers where I analyze a hand he sent to me for my ‘Hand of the Day’ show.