Ok, so a couple of questions about this one.

1. Should I lead out in a multiway pot drawing to the nut low?
2. I think my big mistake was my turn bet here when my low hits. I have almost no chance of scooping, so I can only lose money with this play
3. Should I bet the river and try to extract money out of the other guy, or just take my lumps?

(p.s. sorry the converter is not working)

Hand 1332097810, Started at 10/5/2005 9:43 AM
Table 'Athen': $0.50-$0.50 Pot Limit Omaha Hold'em (Real Money)
Seat 1: rixy busines ($57.50 in chips)
Seat 2: Big_Dog67 ($43 in chips)
Seat 3: manning08 ($33.80 in chips)
Seat 4: 56-OLDSMAN ($15 in chips)
Seat 5: devilmollusk ($48 in chips) (on the button)
Seat 9: G3t3RDon3 ($64.05 in chips)
*** Blind Bet Round *** :
Dealt to devilmollusk: 3d
Dealt to devilmollusk: Ad
Dealt to devilmollusk: 10c
Dealt to devilmollusk: 10d
G3t3RDon3 : Post Blind ($0.50)
rixy busines : Post Blind ($0.50)
56-OLDSMAN : Post Blind ($0.50)
*** Pre-Flop *** :
Big_Dog67 : Call ($0.50)
manning08 : Fold
56-OLDSMAN : Check
devilmollusk : Call ($0.50)
G3t3RDon3 : Check
rixy busines : Check
*** Flop *** : Qh 2c 5d
G3t3RDon3 : Check
rixy busines : Check
Big_Dog67 : Check
56-OLDSMAN : Check
devilmollusk : Bet ($2.50)
G3t3RDon3 : Fold
rixy busines : Fold
Big_Dog67 : Call ($2.50)
56-OLDSMAN : Call ($2.50)
*** Turn *** : [ Qh 2c 5d ] 8h
Big_Dog67 : Check
56-OLDSMAN : Check
devilmollusk : Bet ($10)
Big_Dog67 : Call ($10)
56-OLDSMAN : Raise ($12)
56-OLDSMAN : All In
devilmollusk : Call ($2)
Big_Dog67 : Call ($2)
*** River *** : [ Qh 2c 5d 8h ] Kd
Big_Dog67 : Check
devilmollusk : Check
*** SUMMARY ***
Pot: $45 | Rake: $1
Board: [ Qh 2c 5d 8h Kd ]
rixy busines lost $0.50
Big_Dog67 lost $15 Shows [ Jc 3c 4d 9d ] (8, 5, 4, 3, 2 for low.
Big_Dog67 shows a King high.)
manning08 lost $0
56-OLDSMAN bet $15, collected $33.75, net $18.75 Shows [ Ah 8s 3s 8c ] ( with three eights.)
devilmollusk bet $15, collected $11.25, net -$3.75 Shows [ 3d Ad 10c 10d ] ( with 8, 5, 3, 2, A.)
G3t3RDon3 lost $0.50

Great feedback, thanks. I have been getting screwed lately on lows with no protection, and I think this is a big leak for me.

Given both opponents called the flop, I suspect at least one has A3. In that case, I reckon you want to push out any marginal hands that might be ahead for high (one pair, two pair, and strong high draws which could make on the river). Obviously no A3s are folding, but you're likely 3/4ing most A3s here (at least more often then you're 3/4ed yourself). So by my reckoning the important factors are to remove any winning (but vulnerable) high hands by betting to clean up that end of the pot (or at least make high draws pay) and to make any A3 with no high pay a little more, which I think is best achieved by betting the pot.

My mindset here is "push" rather than pull, because the value of winning a whole pot uncontested tends to be greater than risking letting multiple players in to draw at you, and potentialy only going home with 1/2 or 1/4 of it, in a pot-limit game anyhow. Additionally, you want to pressure hands that have signiicant equity into folding thereby giving yourself a better scooping or 3/4ing chance, so for me this seems like more of a pushing situation. Although it's not the case, the TWO flop calls on an uncoordinated flop make it seem likely that an A3 is out, so you're only splitting the low most of the time anyhow, you don't particularly want to pay more money just to get 1/4 of a 3-way pot, unless you can improve your high chances somehow.

I think you underestimate how often people chase naked low draws in PL games - although it wasn't the case here, at least one oppo usually has A3 here. In this case, there was one guy on a scabby draw anyhow so you want to make him pay, regardless.

Thank you for these very salient points. Your comments are already making a better player