lvl 3 limping w/ 88 and hitting overpair

[Maulik]

with two spades & possible gutshot straight I'm betting the overpair; hopes to take it down right here or charge draws. I push any non /images/graemlins/spade.gif non Ace turn.

is that good or bad?

Party Poker No-Limit Hold'em Tourney, Big Blind is t50 (9 handed) FTR converter on zerodivide.cx (http://www.zerodivide.cx/converter)

MP3 (t365)
CO (t1765)
Button (t995)
SB (t1205)
BB (t895)
UTG (t440)
UTG+1 (t2340)
MP1 (t910)
Hero (t1085)

Preflop: Hero is MP2 with 8/images/graemlins/diamond.gif, 8/images/graemlins/spade.gif.
[color=#666666]1 fold</font>, UTG+1 calls t50, [color=#666666]1 fold</font>, Hero calls t50, [color=#666666]2 folds</font>, Button calls t50, SB completes, BB checks.

Flop: (t250) 2/images/graemlins/spade.gif, 3/images/graemlins/spade.gif, 5/images/graemlins/club.gif [color=#0000FF](5 players)</font>
SB checks, BB checks, UTG+1 checks, [color=#CC3333]Hero bets t250</font>, [color=#CC3333]Button raises to t500</font>, SB folds, BB folds, UTG+1 calls t500, Hero folds.

Turn: (t1500) K/images/graemlins/heart.gif [color=#0000FF](2 players)</font>
UTG+1 checks, UTG+1 calls t445.

River: (t1945) T/images/graemlins/diamond.gif [color=#0000FF](2 players)</font>

Final Pot: t1945