chip-burning draws

[TheMainEvent]

I really dislike situations like this early in the tournament, when I'm getting a great price on a draw but I end up having to fold even after I hit. Any way to avoid this?

PS: MP1 raises all-in on the river, the hand converter missed it.

Party Poker No-Limit Hold'em Tourney, Big Blind is t30 (9 handed) converter (http://www.selachian.com/tools/bisonconverter/hhconverter.cgi)

UTG (t1025)
UTG+1 (t1157)
MP1 (t615)
MP2 (t545)
MP3 (t653)
CO (t685)
Button (t895)
SB (t1445)
Hero (t980)

Preflop: Hero is BB with T/images/graemlins/diamond.gif, 9/images/graemlins/diamond.gif.
<font color="#666666">1 fold</font>, UTG+1 calls t30, MP1 calls t30, <font color="#666666">1 fold</font>, MP3 calls t30, CO calls t30, <font color="#666666">1 fold</font>, SB completes, Hero checks.

Flop: (t180) Q/images/graemlins/diamond.gif, 7/images/graemlins/diamond.gif, 5/images/graemlins/spade.gif <font color="#0000FF">(6 players)</font>
<font color="#CC3333">SB bets t30</font>, Hero calls t30, UTG+1 calls t30, <font color="#CC3333">MP1 raises to t60</font>, MP3 folds, CO folds, SB calls t30, Hero calls t30, UTG+1 calls t30.

Turn: (t420) Q/images/graemlins/heart.gif <font color="#0000FF">(4 players)</font>
SB checks, Hero checks, <font color="#CC3333">UTG+1 bets t50</font>, MP1 calls t50, SB calls t50, Hero calls t50.

River: (t620) K/images/graemlins/diamond.gif <font color="#0000FF">(4 players)</font>
SB checks, Hero checks, <font color="#CC3333">UTG+1 bets t150</font>, <font color="red">MP1 is all-in (475)</font>, SB folds, Hero folds, UTG+1 calls t325.

Final Pot: t1095

[RaiNz]

I just started getting into these sit n go's, but I dont understand why you continue to draw if you are going to fold when you get there. The way to avoid these "chip-burning draws" would obviously be to fold sooner.

[TheMainEvent]

[ QUOTE ]
I just started getting into these sit n go's, but I dont understand why you continue to draw if you are going to fold when you get there. The way to avoid these "chip-burning draws" would obviously be to fold sooner.

[/ QUOTE ]

Where to fold though? On the turn when I'm getting 11:1 on a flush draw? I think I'm not drawing dead often enough to justify that. I would have called the 150 bet from UTG+1, but obviously I had to fold to the all-in raise.

[bkbluedevil]

I see no problem with the line you took. A lot of times I will raise on the flop in an effort to either take the pot down there or buy position and attempt to get a free card on the turn. This is good because the guy min bet here so people have to fear a raise. It is bad because the field is so big on the flop. I certainly don't see any problem with the line you took. The river fold is good IMO. I wouldn't be suprised if the nut flush gets shown down vs KQ.