I know Ace rag is crap, but doesn't soooooted give some power to the hand.

PokerStars No-Limit Hold'em Tourney, Big Blind is t100 (9 handed) Hand History Converter Tool from FlopTurnRiver.com (Format: FlopTurnRiver)

saw flop|saw showdown

BB (t1610)
UTG (t550)
UTG+1 (t1920)
MP1 (t115)
MP2 (t5040)
wastrel (t5440)
CO (t3470)
Button (t7765)
SB (t3425)

Preflop: wastrel is MP3 with 5, A.
4 folds, wastrel raises to t350, 1 fold, Button calls t350, 2 folds.

Flop: (t850) A, 5, 7 (2 players)
wastrel bets t420, Button raises to t7415, wastrel calls t4670 (All-In).

Turn: (t13355) 2 (2 players, 1 all-in)

River: (t13355) 8 (2 players, 1 all-in)

Final Pot: t13355

Results in white below:
wastrel has 5d Ad (two pair, aces and fives).
Button has Ah 7h (two pair, aces and sevens).
Outcome: Button wins t13355.

It seems he thought AXs was as playable as you did.

I probably would have bet the flop more, since two pair is a decent hand and you don't want club draws chasing. Once he pushed, however, I would have started fearing the set. What kind of read did you have on him?

When he bet, I had him on A+high.

Not my read PF, but that's what I thought on the flop.

Not sure of his style, only had about 5 hands at this table.