Help on this flop with 88

Opponent 53/20/0 over 15 hands to small i know
I open on Button get reraised. I see his 200bb stack and get sick ideas of doubling up if I hit my set
only 35cents more
FUN flop right.
PokerStars No-Limit Hold'em, $0.05 BB (6 handed) - Poker-Stars Converter Tool from FlopTurnRiver.com

CO ($3.60)
Hero (Button) ($4.93)
SB ($5.84)
BB ($12.03)
UTG ($6.10)
MP ($9.74)

Preflop: Hero is Button with 8http://www.flopturnriver.com/phpBB2/...iles/heart.gif, 8http://www.flopturnriver.com/phpBB2/...miles/club.gif
UTG calls $0.05, 2 folds, Hero bets $0.20, 1 fold, BB raises to $0.55, 1 fold, Hero calls $0.35

Flop: ($1.17) 6http://www.flopturnriver.com/phpBB2/...iles/spade.gif, 5http://www.flopturnriver.com/phpBB2/...iles/spade.gif, 7http://www.flopturnriver.com/phpBB2/...iles/heart.gif (2 players)
BB bets $0.90, Hero....
How would u guys play this
because I butchered this hand :lol:
The range I put him on is TT+, AQs+, AQo+
Do I just fold pre or fold on flop
call flop and then fold if I dont hit.
Or do I raise to fold out some of his air. I think that he not only is value betting an overpair but will cbet AK/AQ
:?:

I dont think you needed to fold preflop since he has plenty in his stack, and IMO you CANNOT fold this on the flop. If he has the range you put him on, you have plenty of equity. You likely have 10 outs twice with the OESD.

You can call the flop but a nice reraise is certainly allowed IMO. If you dont hit on the turn, then you have a tough decision if he bets again. That would tell you that he likely has a nice overpair.

First off preflop you shouldn't be only considering the amount of money in his stack. You should instead consider the effective stack, which is the smallest of the two remaining stacks, which in this case is your stack (~100bb).

I would advocate a fold preflop here in most cases, but a call isn't bad as you are in position. However, given most villains 3betting ranges at these stakes, your likely toast and playing merely for set value, which you don't have great implied odds to do so. Hands like mid-small pps are going to run into unattractive flops so often (overcards, drawy baords, etc). In many instance your aren't going to get much value when ahead, and your going to be playing a guessing game the majority of the time putting in a decent amount of money when behind (unless your playing for set value only). So I would prefer to call with hands like SCs, broadways, etc which will generally have better playability in 3bet pots IP.

On the flop, it depends. Without running any math it seems both a call and a raise are both +EV on the flop. If we assume villain has a range of TT+,AQ, not only do we have adequate equity to call, but have pretty solid fold equity if we assume he stacks off with TT, and folds AQ+, which leaves him folding around 52% of the time (and he might not even stack off with TT-QQ). A few EV calcs could be done to correctly determine the ideal play in this situation; however, I'm not going to do the ev calcs at this time.