what was his rival thinking?

------HAND 5------
Game #2877026174: Omaha PL ($1/$2) - 2006/07/02 - 23:30:54 (UK)
Table "Dark_Star" Seat 7 is the button.
Seat 1: Easyopen ($164.48 in chips)
Seat 2: Tappi ($21.75 in chips)
Seat 3: Cold_cuts ($431.95 in chips)
Seat 4: JollyBob ($179 in chips)
Seat 7: Tigrinus_ ($192 in chips)
Seat 8: Lanfear ($198 in chips)
Seat 9: SKYBLUES sits out
Seat 10: Buzzer ($201.75 in chips)
Lanfear: posts small blind $1
Buzzer: posts big blind $2
----- HOLE CARDS -----
dealt to Cold_cuts [Js Ah Ad 8d]
Easyopen: folds
Tappi: folds
Cold_cuts: raises to $7
JollyBob: folds
Tigrinus_: calls $7
Lanfear: folds
Buzzer: folds
----- FLOP ----- [8c Qc Jh]
Cold_cuts: checks
Tigrinus_: bets $17
Cold_cuts: calls $17
----- TURN ----- [8c Qc Jh][8s]
Cold_cuts: checks
Tigrinus_: bets $51
Cold_cuts: raises to $204
Tigrinus_: is all-in $117
Returned uncalled bets $36 to Cold_cuts
----- RIVER ----- [8c Qc Jh 8s][6h]
----- SHOW DOWN -----
Cold_cuts: shows [Js Ah Ad 8d] (A Full House, Eights full of Jacks)
Tigrinus_: shows [7s 6c Tc 9c] (A Straight, Queen high)
Cold_cuts collects $384 from Main pot
----- SUMMARY -----
Total pot $387 Main pot $384 Rake $3
Board [8c Qc Jh 8s 6h]
Seat 1: Easyopen folded before Flop (didn't bet)
Seat 2: Tappi folded before Flop (didn't bet)
Seat 3: Cold_cuts showed [Js Ah Ad 8d] and won ($384) with A Full House, Eights full of Jacks
Seat 4: JollyBob folded before Flop (didn't bet)
Seat 7: Tigrinus_ (button) showed [7s 6c Tc 9c] and lost
Seat 8: Lanfear (small blind) folded before Flop (didn't bet)
Seat 10: Buzzer (big blind) folded before Flop (didn't bet)