[W. Deranged]

Against such a huge field, not having much "big hand" potential is a serious liability. Being suited here is worth an absolute ton. One or more opponents likely has an A or pair. You are going to need to hit the flop to win. Raising pre-flop may make things more difficult later on and you are not winning enough more than your fair share in such a big pot on average anyway.

Wait for hands that play particularly well in large multiway pots (think: suited broadway cards and, in a big enough field, small/medium pairs) that can make monster hands to raise here. KQo simply doesn't make monster hands, and that's what it'll often take to win these pots.