Good fold or Bad Pot Odds play?

[samsonite2100]

Do the pot odds here demand a call? I was pretty sure I was beat...

Party Poker No-Limit Hold'em, $ BB (8 handed) Hand History Converter Tool from FlopTurnRiver.com (Format: FlopTurnRiver)

BB ($14.95)
UTG ($68.90)
UTG+1 ($49.65)
MP1 ($61.90)
MP2 ($20)
CO ($49.70)
Button ($48.75)
Hero ($85.20)

Preflop: Hero is SB with Q, Q. MP2 posts a blind of $0.50. Hero posts a blind of $0.25.
2 folds, MP1 calls $0.50, MP2 (poster) checks, 2 folds, Hero (poster) raises to $2.75, BB calls $2.50, MP1 calls $2.50, MP2 calls $2.50.

Flop: ($12) 2, 7, 6 (4 players)
Hero bets $8, BB folds, MP1 calls $8, MP2 folds.

Turn: ($28) 4 (2 players)
Hero checks, MP1 bets $5, Hero calls $5.

River: ($38) 3 (2 players)
Hero checks, MP1 bets $7, Hero folds.

Final Pot: $45

[GatorJH]

I would have bet larger on the flop. The pot was $15 (if my math is correct) and you only bet $8. With that many people in the pot I would have put out a bet of $12 to $15.

As it stands I think you win this hand AT LEAST 20% of the time which makes a (crying) call the correct move.

[samsonite2100]

Gator--the flop was $12. The HH has the pot amounts in parenthesis in front of the cards.