This hand made me think about the chapter in Small stakes holdem where they talk about waiting for the turn to raise(to check-raise actually). In this hand CO is extremely short stacked, so after I pair my queen on the flop I raised him until he's all in.
Now, with the pot at 25sb all kinds of draws can call profitably on the flop; and on the turn with a capped flop and a 19.3BB pot any wild draw is correct in calling. But, if I had just called the raise instead of 3-beting the flop, the pot on the turn would be 16.5BB; now, we can check-raise with the bettor on our right which means is 2 bet cold to the other 3 players, who instead of 20-1 are getting 18-2 pot odds.

So, is this correct? and if so, does it make sense to pass an edge on pot equity to better protect our hand?

Feel free to correct any mistakes in my reasoning and how the hand was played out.

PokerStars 0.10/0.20 Hold'em (10 handed) Poker Stars Converter Tool from FlopTurnRiver.com (Format: ITH Forums)

Preflop: Hero is BB with , . MP1 posts a blind of $0.10. MP2 posts a blind of $0.10.
1 fold, UTG+1 calls, UTG+2 calls, MP1 (poster) checks, MP2 (poster) checks, 1 fold, CO raises, 1 fold, SB calls, Hero 3-bets, UTG+1 calls, UTG+2 calls, MP1 folds, MP2 calls, CO caps, SB calls, Hero calls, UTG+1 calls, UTG+2 calls, MP2 calls.

Flop: (25 SB) , , (6 players)
SB checks, Hero bets, UTG+1 calls, UTG+2 folds, MP2 calls, CO raises, SB folds, Hero 3-bets, UTG+1 calls, MP2 calls, CO caps, Hero calls, UTG+1 calls, MP2 calls.

Turn: (19.30 BB) (4 players)
Hero bets, UTG+1 folds, MP2 calls.

River: (21.30 BB) (3 players)
Hero bets, MP2 calls.

Final Pot: 23.30 BB

waiting for the turn makes more sense when you are doding a ton of outs.
You do have a good amount to dodge here; but I'd say not enough to wait.
With all the posters and raising preflop, who knows what these guys are in with.

I can't think of a compelling reason to wait. Getting 18-2 won't exactly protect your hand anyway.

I say well played.

Pot's too big. Go ahead and get the money in when you likely have the best hand. Waiting will not protect your hand from the most likely draws anyway, and you have a redraw to the nuts if a diamond hits the turn. There are also a few cards that could hit the turn and make you not want to raise.

Remember, top pair hands make money on the early streets and play defense on the turn and river.

Just wondering what happened to CO here, as he caps the flop but doesn't show up in the action on the turn or river. Did his cap put him all in, or did the convertor screw it up?

It's true that my equity edge is bigger on earlier streets and in most cases I will raise and reraise. I just wanted to ask you guys how you play this, because it seems a text book example of the "waiting for the turn to better protect your hand" section on SSHM.
The question is if it's more profitable to just push these edges on the flop and if that section on SSHM is nothing more than the mathematically right thing to do(they actually say many people disagree with it).

you mean that TT hand in the book?

I disagree this is that same thing.

Don't understand why. If I recall the example, they say to wait for the turn because there are lots of cards that can hurt you and the pot is big. In this multiway-coordinated-connected board there are at least as many bad cards that can come to hurt my hand and the pot is huge.
I'm just saying that the concept, if valid, applies.

with the TT hand you are concerned about every A-J. Plus draws. I'd need a refresher on what that flop was.
You also have you own albeit slim, chances of improving more so here.

I thought there were more cards to dodge in that othe hand.

I find it hard to find hands that go with that example though and I should probably stop posting and actually achieve soemthing worthwhile in my life.

what..did I just type that.

this is not the right situation to wait for the turn.

however finding those situations and either getting in that raise or making that good fold on the turn can be huge.

Hand spoiler(in white):
MP2 had 68o and won the pot, but didn't raise me after hitting his hand, which was nice. CO had AJ if I remember correctly.