Well, the pot drains out of the bottom into a 3" tall drip tray that it is sitting in. I fill it enough so it creates a 1" high resevoir inside the pot and drip tray. I am not sure though if I should put a hole or 2 in the side of the pot to maybe help with airflow?
If I can snap a picture I will so you can see what I mean.
I also have other plants in single pots with the 2 hole sont he side that create the resevoir inside the pot only with no drip tray.
The reason I am doing it this way is because I have a bunch of these pots and I didnt want to waste them......they look like these
http://www.gothicarchgreenhouses.com/HG_724425.jpg
sitting in something like this
http://www.astonparts.co.uk/acatalog/drip.tray.jpg