PS 3/6: 88 and I folded a set

[Esso]

Like I said, I am folding a set here (on the turn no less) so you may want to avert your eyes.

UTG is loose (40/10/1.28) but is not as bad post flop as you might expect.

MP2 (16/6/1.0 over 250) is pretty tight and not very aggressive.

SB is more or less unknown (less than 20 hands). But I have already seen him open limp 32s from MP so he seems loose and not good. In one hand he had 99 and flopped an overpair and never raised (pre or post) so is probably pretty passive.


PokerStars 3/6 Hold'em (10 handed)

Preflop: Hero is BB with 8[img]/images/graemlins/diamond.gif[/img], 8[img]/images/graemlins/spade.gif[/img].
<font color="#666666">1 fold</font>, UTG+1 calls, <font color="#666666">2 folds</font>, <font color="#CC3333">MP2 raises</font>, <font color="#666666">3 folds</font>, SB calls, Hero calls, UTG+1 calls.

Flop: (8 SB) K[img]/images/graemlins/heart.gif[/img], 8[img]/images/graemlins/heart.gif[/img], Q[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(4 players)</font>
SB checks, <font color="#CC3333">Hero bets</font>, UTG+1 calls, <font color="#CC3333">MP2 raises</font>, SB calls, <font color="#CC3333">Hero 3-bets</font>, UTG+1 folds, <font color="#CC3333">MP2 caps</font>, SB calls, Hero calls.

Turn: (10.50 BB) T[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(3 players)</font>
SB checks, Hero checks, <font color="#CC3333">MP2 bets</font>, <font color="#CC3333">SB raises</font>, Hero folds...

So... how bad is this?