PL100 fullhouse reraised on turn

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hi there. my first post on the omaha forum. hopefully not my last since im trying to learn this game.

What do you think of this hand?
Should I bet out on the flop? If i do that what to do if reraised?

What about the turn? Only QQ and 88 that beat me so i thought he would bet QQ on the flop.

Party Poker
Pot Limit Omaha Ring game
Blinds: $0.50/$1
7 players
Converter

Pre-flop: (7 players) Hero is BB with K[img]/images/graemlins/diamond.gif[/img] 9[img]/images/graemlins/club.gif[/img] 7[img]/images/graemlins/club.gif[/img] 9[img]/images/graemlins/diamond.gif[/img]
UTG folds, UTG+1 calls, MP1 calls, CO folds, Button calls, SB calls, Hero checks.

Flop: 9[img]/images/graemlins/heart.gif[/img] Q[img]/images/graemlins/club.gif[/img] 8[img]/images/graemlins/heart.gif[/img] ($5, 5 players)
SB checks, Hero checks, UTG+1 checks, MP1 checks, Button checks.

Turn: 8[img]/images/graemlins/diamond.gif[/img] ($5, 5 players)
SB checks, <font color="#cc0000">Hero bets $4.27</font>, 3 folds, <font color="#cc0000">SB raises to $17.56</font>, Hero calls.

River: 3[img]/images/graemlins/heart.gif[/img] ($40.12, 2 players)
<font color="#cc0000">SB bets $38.12</font>, Hero calls.

Results:
Final pot: $116.36


Other thoughts?