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It is a super weak bet, 70 into 600. It's SO weak, in fact that it sticks of trap.
But even if he has a weak king
1) there is no guarentee he will lay it down.,
2) there are two other guys behind him that could be sitting on a T or K, and on of them outstacks our hero.
It's super early in a $5 SNG... I am pretty sure he is going to get called down by top two. Plus, mrmccann did open min-raise UTG... so it's more likely he has a decent K like KJ or KQ (I guess KT or AT is somewhat unlikely in retrospect.
The other possiblity is that he has a (lower) pocket pair, like 9s. It does look pretty weak with the check behind on the turn, and then a river steal
I could see either laying down the QQ, or raising the flop to see where you stand. The question is... how much are you willing to throw away if you are re-raised by bettor or guys behind. It's a pretty big pot 670 chips; you would probably have to bet at least 400.
It's early, you have no real read... not a bad lay down. Not sure I would crow about it though, since maybe you got bluffed off
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