AKo out of BB

[LuvDemNutz]

Any suggestions on how to play this hand better?

Villain is loose and aggressive but a decent player overall.

I think my turn bet was kind of weak but I played a very similar (and very UGLY) hand earlier where I check-called flop, led the turn, was raised - I called, I led the river, was raised, called and was shown KK (so that hand was in the back of my mind here).

Party Poker Pot-Limit Hold'em, $ Hero (9 handed) converter

MP1 ($617.4)
MP2 ($78)
MP3 ($292.8)
CO ($600)
Button ($646.52)
SB ($714.78)
Hero ($689.5)
UTG ($601.05)
UTG+1 ($351.35)

Preflop: Hero is BB with K[img]/images/graemlins/club.gif[/img], A[img]/images/graemlins/spade.gif[/img]. SB posts a blind of $3.
<font color="#CC3333">UTG raises to $20</font>, <font color="#666666">1 fold</font>, MP1 calls $20, <font color="#666666">5 folds</font>, Hero calls $14.

Flop: ($63) 5[img]/images/graemlins/heart.gif[/img], 8[img]/images/graemlins/heart.gif[/img], K[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">Hero bets $40</font>, UTG calls $40, MP1 calls $40.

Turn: ($183) 6[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">Hero bets $50</font>, <font color="#CC3333">UTG raises to $200</font>, MP1 folds, Hero folds.

Final Pot: $433

Results in white below: <font color="#FFFFFF">
No showdown. UTG wins $433. </font>