Is this too weak a laydown?

I'm just starting out in PL. Table is tight PF, with people folding to EP raises but without a raise, there's usualy a limper or two. No specific opponent reads.

Party Poker Pot-Limit Hold'em, $ BB (10 handed) FTR converter on zerodivide.cx

MP3 ($24.97)
CO ($32.30)
Button ($24.08)
SB ($24.95)
BB ($20.10)
UTG ($36.55)
Hero ($26.10)
UTG+2 ($14.33)
MP1 ($27.35)
MP2 ($24.20)

Preflop: Hero is UTG+1 with 7:club:, 7:spade:. SB posts a blind of $0.10. MP1 posts a blind of $0.35.
1 fold, Hero calls $0.25, 1 fold, MP1 (poster) raises to $0.25, MP2 raises to $1, 5 folds, Hero folds, MP1 calls $0.50.

Flop: ($2.70) K:spade:, 7:diamond:, 9:spade: (2 players)
MP1 bets $0.5, MP2 calls $0.50.

Turn: ($3.70) J:club: (2 players)
MP1 bets $1, MP2 calls $1.

River: ($5.70) Q:club: (2 players)
MP1 bets $5.45, MP2 folds.

Final Pot: $11.15


In retrospect, that was a weak raise and an almost as weak re-raise but they both had position on me and if I don't get my set on the flop I'd have been folding anyway. Would it have been worth calling an additonal 3 small bets to see the flop with only 2 others in the pot with you? If there were 1 or 2 other limpers or callers I think I might have.

I actually don't feel bad about this one. No telling if MP1 would have been pushed out even if I potted each betting round. By the river, I was probably up against at least a bigger set or a straight (MP1's pot bet on the river screams a set of Queens. Maybe AT). Had I stayed in, I'd probably have lost half my stack or more. What hand do you folks put MP1 on? AsTs or QQ is what I'm thinking. Maybe Qsxs but I doubt that (though on Party, it's hard to put it past them). No way you get someone off a flush draw in limit, but is PL any different in that regard?

Don't fold this preflop. At the low low price of 75 cents, you've got implied odds through the stack sizes.

Your logic - "no telling if MP1 would have been pushed out" - is flawed... yeah, you don't know if he would have stayed or folded, but if you put in pot sized bets and got called, it would be +EV for you and -EV for anyone drawing, even with QQ or AT, which is what you most likely put them on.

Personally, I think MP2 was on a flush draw or was a loose/weak player with a pair. MP1 either hit his straight and got overzealous, but I think more likely was on the flush draw as well and decided to get ballsy with it.