This hand was played on Microgaming so I don't have the hand history and have to type this up from my notes.

Hero is dealt KQT8 with two spades and decides to isolate a UTG limper who has played loose passive so far. The SB cold calls and UTG calls as well.

Three players see a flop of J82 with two spades and the pot is 29bb (minus rake). Both players check to Hero who has mid pair, a King high flush draw and a gutshot and decides to check as well.
In my opinion betting cannot be that bad here but I like checking a bit better. While we miss the opportunity to protect my hand against a bunch of the weak holdings that still have a lot of equity we are not winning that much against a call and a raise would be a disaster. Also it allows us to see a river almost guaranteed with a hand that has a lot of ways to improve and keeps hands in that make second best hands when we do.

The turn brings an offsuit 6, SB checks and UTG leads for 22bb (about 3/4 pot). Hero and SB both call.

The river brings an offsuited K, SB checks once again and UTG bets 47bb (1/2 pot).
While we improve to two pair I don't think that puts us ahead of UTG alot, if at all. However, if we ever want to bluff here we might have a good candidate here since it is really hard to get here, have a King blocker and worse than two pair. Should we fold, call or raise?