Small field tournament. 41 entries. 4 get paid. We're down to roughly 14 people.
Hero is in SB with a 55k stack (about average)
blinds are 500/1000 with a 1000 BB ante.
Whale UTG (32k) limps. He's played most hands. Doesn't really seem to be following any kind of strategy. Has shown up with all sorts of muck played in odd ways.
Folds to HJ who's short stacked and shoves for his last 5k
Folds to me and I have 7
7
So first decision point: Do I flat or raise here?
In game I flatted, which I think was an error. I should shove here as I don't love potentially going multi-way to a flop OOP with BB (who I also cover) and UTG with a medium pair right?
Folds back to UTG who announces he's all in.
It's an additional 27k to me
My read on UTG was that, yes, he was capable of doing this with AA/KK but also all sorts of other random stuff as well, including smaller pockets pairs to mine.
In game, I reasoned that there was a good chance I was against 4 over-cards but since 2 of those were only for the smaller main pot then I would still be making chips if I could beat UTG's hand. If I lost I would be down to 20ish bb - not great but still with a fighting chance. Mainly though with only 4 getting paid I felt like I needed to gamble and take a spot like this.
Is that reasoning sound or would it be more prudent to fold to the weird limp-shove and have a 50bb stack to work with?