$3.40: Too loose to respect a preflop raise

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im sure you have enough common sense to realize that you dont always get stacked by a flush in this spot, and you shouldnt focus on one hand against a player who can have a huge range. you beat the majority of his holdings here, one showdown means nothing.

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The larger idea I was getting at here was that should I really be committing chips with this hand with a decent chip stack and a 50%+ chance of getting in the money. It's like this example given at the end of some poker book i was reading recently (Harrington 2 maybe)-- if you're in a satellitte that awards 3 people with seats in a larger satellite and everyone else gets nothing, and say 3 people have 4500 in chips and 2 have around 500. One of the 4500 chips goes all in and you look down and see pocket aces. The correct play here is to FOLD if you consider your chances of finishing in the top 3 to be better than 80% or whatever favorite you are with your aces.

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so you want to fold good hands against bad players with worse hands....because you dont want to get bad beat, essentially. think about that for a while

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Nah, that oversimplifies. It's a statistical problem. Look again at the above example with the aces. If you'd play them in that case, you're playing incorrectly.

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yes but you are misapplying this concept rather badly

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Is there anyway to adjust the concept for the 50-30-20 payout of an sng? Some way to apply it here to tell me whether I should even be playing this hand in this spot with my healthy chip count?