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	nah.  this is fucked.  unless you are considering you implied odds (read unhatched chickens) you have your odds backwards.  accepting 3:1 on an 8:1 is hugely UNprofitable.  i would need every player in the hand to limp in order to get the right odds for set hunting, and even then its not hugely profitable, by the #s.
		
			
			
				Just call  preflop. You're getting at least 3:1 on your money here, and with 8:1 to make a set , you're making a hugely profitable play. There are too many limpers to make an aggressive position  play without bloating the pot. I'd just set  farm here.
			
		 
 also, its 7:1 to make a set, ie 1/8.
 
 and im not afraid to build a pot in posn vs limpers.  for one, im getting a running start at the pot if i do set up.  but more importantly, i probably have the best hand.
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