Are there other ways to play this?

[pho75]

I will play it like this with the exception of the turn. Whether to give up on the turn depends on my read/feel for the guy. I will never call a river bet of that size but have called much lower ones, like 20% of the pot or something. My question is. Are there other things that I can do in this situation that would make more or losse less money over the long run?
Ultimate Bet No-Limit Hold'em, $.02 BB (10 handed) converter

UTG ($4.06)
UTG+1 ($1.96)
Hero ($3.86)
MP1 ($2.17)
MP2 ($1.98)
MP3 ($1.36)
CO ($.85)
Button ($1.41)
SB ($2.04)
BB ($.57)

Preflop: Hero is UTG+2 with J[img]/images/graemlins/club.gif[/img], J[img]/images/graemlins/heart.gif[/img].
<font color="#666666">1 fold</font>, <font color="#CC3333">Hero raises to $0.12</font>, <font color="#666666">1 fold</font>, MP2 calls $0.12, <font color="#666666">6 folds</font>.

Flop: ($0.27) 5[img]/images/graemlins/spade.gif[/img], J[img]/images/graemlins/spade.gif[/img], T[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">Hero bets $0.2</font>, MP2 calls $0.20.

Turn: ($0.67) 8[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">Hero bets $0.45</font>, MP2 calls $0.45.

River: ($1.57) 3[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players)</font>
Hero checks, <font color="#CC3333">MP2 bets $1.21 (All-In)</font>, Hero folds.

Final Pot: $2.78