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Why isn't this close to a flip

edited September 2013 in The Poker Clinic
Hello played this hand yesterday I had AsKs he had QsQh I raised he called he made big bet on the flop 5sQdJs because I thought it was close to a flip I went AI he called and I didn't hit. When I put it in an odds calculator it said I had 33% equity but surely I have 12 outs which should be close to 48%. Any thougts gratefully accepted, cheers Doylebrun.

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