(22r) medium pair mid stages

[Exar_Kun]

I have been wondering for a while what to do in these type of situations, I am in the BB mid/late stages and hit a medium pair or a draw or some sort. Should I be trying to take a stab at these type of pots or not ??

In this case there are two opponents and therefore I would imagine its an easy fold, but what about if I was against just one ? Should I be raising or just check folding ? The min reraise is an easy fold to me, but im more concerned about whether I should have bet in the first place.

Party Poker
No Limit Holdem Tournament
Blinds: t50/t100
6 players
Converter

Stack sizes:
UTG: t6739
UTG+1: t1715
CO: t3031
Button: t3590
SB: t2765
CO: t653
Hero: t2160

Pre-flop: (6 players) Hero is BB with 6[img]/images/graemlins/diamond.gif[/img] 7[img]/images/graemlins/club.gif[/img]
UTG folds, UTG+1 calls t100 <font color="#aaaaaa">(pot was t150)</font>, 3 folds, 3 folds, Hero checks.

Flop: 7[img]/images/graemlins/spade.gif[/img] 3[img]/images/graemlins/spade.gif[/img] Q[img]/images/graemlins/heart.gif[/img] (t250, 2 players)
<font color="#cc0000">Hero bets t150</font>, <font color="#cc0000">UTG+1 raises to t300</font>, Hero folds.
Uncalled bets: t150 returned to UTG+1.

Results:
Final pot: t550