Your reasoning isn't bad for the line but what I would say is that not raising because you're scared of getting 3-bet is not a valid reason for not rasing a hand as strong as top pair.
I have been thinking about this and understand what you are saying, but I kinda disagree. If I'm boating the pot and can never fold, I really don't like it. Yes, I'm giving up a little on the flop on this one hand (very small fraction of a small bet) by not c/r'ing (ignoring balance for the moment) but I get so much more value on the big streets when many villains misplay their hands. In my mind, it's kind of a hedge/induce spew play. I call this "spew-equity." My wife thinks that term is funny, but how many times have you bet thinking, "please bluff-raise me, please bluff-raise me" against certain villains? I do.
Combo draws have awesome equity on the flop, so I really gain nothing by how many bets go in there. It sucks if they 3-bet and take a free card. If I donk the Turn and they raise me (UI), they only have one card to come and will always fire the river.
I don't think TT ever spews on this board. If so, they will spew verse my turn donk for sheezy. My opinion.
In as far as balance, I agree with you, and I would probably play this hand much more straightforwardly against a good opponent, but I love figuring out little nuanced plays against bad players, especially since it pays off big time for my image.
Also, bad players never play THAT badly if I just check-raise the flop. I can't fold if they call and raise the turn, so I really don't feel like I'm giving anything up by not raising the flop.
And if you think donk-bluffing those makes people spew, wait until you Check-raise 98s on a K72r board, fire 3 barrels, hit an 8 on the river and beat A7o
Just to clarify, I'm only doing this on paired boards right now. I'll c/r the flop as a bluff as well on a K72.
just me. wanted to share.