How would you play this hand?

[stella500]

Full Tilt Poker Game #1977995789: Table Carnegie - $0.05/$0.10 - Pot Limit Omaha - 1:33:17 ET - 2007/03/13
Seat 1: UK Champs ($11.90)
Seat 2: allin54 ($8.90)
Seat 3: mushie magic ($6.75)
Seat 4: 54suited ($9.85)
Seat 5: hateLUIGI6969 ($10.45)
Seat 6: Cruizin808 ($3.65)
Seat 7: Animal Motha ($10), is sitting out
Seat 8: stella500 ($9.15)
Seat 9: FliPCg ($32.90)
stella500 posts the small blind of $0.05
FliPCg posts the big blind of $0.10
The button is in seat #6
*** HOLE CARDS ***
Dealt to stella500 [7c Kc 9d Qs]
mushie magic: big luigi takes all the glory
UK Champs calls $0.10
allin54 calls $0.10
mushie magic folds
mushie magic: with the video game and all...
54suited folds
hateLUIGI6969 folds
Cruizin808 calls $0.10
stella500 calls $0.05
FliPCg checks
*** FLOP *** [Tc 5c Jc]
hateLUIGI6969: its a joke, we are friends
stella500 bets $0.50
FliPCg folds
UK Champs calls $0.50
allin54 folds
allin54 adds $1.20
Cruizin808 folds
*** TURN *** [Tc 5c Jc] [2s]
stella500 bets $1.50
UK Champs has 15 seconds left to act
UK Champs calls $1.50
*** RIVER *** [Tc 5c Jc 2s] [Ah]
stella500 bets $4.50
UK Champs raises to $9.80, and is all in
stella500 calls $2.55, and is all in
Uncalled bet of $2.75 returned to UK Champs
*** SHOW DOWN ***
UK Champs shows [7h 7d 9c Ac] (a flush, Ace high)
stella500 mucks
UK Champs wins the pot ($16.75) with a flush, Ace high
stella500 is sitting out
*** SUMMARY ***
Total pot $18.60 | Rake $1.85
Board: [Tc 5c Jc 2s Ah]
Seat 1: UK Champs showed [7h 7d 9c Ac] and won ($16.75) with a flush, Ace high
Seat 2: allin54 folded on the Flop
Seat 3: mushie magic didn't bet (folded)
Seat 4: 54suited didn't bet (folded)
Seat 5: hateLUIGI6969 didn't bet (folded)
Seat 6: Cruizin808 (button) folded on the Flop
Seat 7: Animal Motha is sitting out
Seat 8: stella500 (small blind) mucked [7c Kc 9d Qs] - a flush, King high
Seat 9: FliPCg (big blind) folded on the Flop

[plako]

Preflop ok

Flop: Check. Bet is also quite alright. Flopped K high flush won't be big money maker OOP. At this level there might be someone playing small flush, but often you'll end up in trouble if you get called or raised.

Turn: Check. Bet is also alright to protect against sets, but if you get raised you'll had to give up.

River: Check or bet half pot (and fold to opponents all-in usually). Betting the pot is very bad here. There aren't many worse hands that will call you.

River after raise: Call. Pot is too big to give up now even if it is almost certain opponent has the nuts.

[mixmastermattyk]

I think you need to bet this all the way simply for value at this level. If you get popped at some stage you may need to think about it, but even then I doubt I'd fold it as opponents most likely hand is any flush, and you beat all but one of them.

[plako]

Getting stacked in a monotone flop, when there wasn't preflop raise seems bad to me. I suggest slowing down at some point.

I agree that at this level there are still player that will call down lower flushes, but are there really enough of them to get happily stacked against slow played nuts?

[Ray Zee]

the idea in potlimit omaha is not to get broke unless you get outdrawn after the money is in. stay away from the bet the pot button and think about how to milk what you can from worse hands. build the pot with giant draws to sure winners, and nut hands. or ones you are sure are best. king high flush is a great hand in holdem but not so good in omaha . but if against a player who is terrible and you know will call with garbage then go for it.