"Splash Pot" at B&M creates wild pot odds

[CEE]

Thought I would post this hand, just b/c I felt so off kilter the whole hand. Took place at the Desert Diamond Casino in Tucson. Friendly dealers, funny "action" players, dirty room. Table was quite loose, with one (other) attentive TAG player. Was here from out of town, so didn't know the players super well, but was an hour or so into things.

Was playing $3/6 full kill, and this hand was a kill hand, so $6/12. In addition, the casino announced a splash pot, and plopped $50 of house money down in the center of our table before the deal. This promotion was new to me, certainly perked up the table.

Hero is BB

6 players limp, button (loose calling station) raises, small blind calls.

Pot = 20.2 SB (6 limpers ($36) + raiser and cold caller ($24) + my blind ($3) + kill blind ($6) + "splash" ($50) = $121)

I look down to find J8o, and call the raise figuring I'm geting, about 13 to 1 on my money. Actually, I was getting better than that, b/c at this table, I could fairly reasonably assume that the remaining limpers and the kill pot guy would just call the raise. This would put my odds at about 18 to 1.

As I suspected, all opponents completed the raise and we went to the flop with the pot at 28.3 SB

Flop comes Q-8-5 rainbow.

I make a middle pair, with runner-runner gut shot straight possibilities. I was kind of hoping for a flop that I could fold. Not sure what that would have been.

4 checks (including Hero), MP2 Bets, CO Calls, Button Raises, SB folds (32.3 SB paying me 16 to 1).

As I saw it, I've got two strong outs to trips, and three weaker outs to two-pair. Plus runner-runner straight possibilities, and the possibility (extremely slim) that I've got the best hand. I mentally put it at roughly 4.5 outs and cold call.

Think I should have discounted the two-pair outs more? Should I have raised here? My thinking was that the pot is big enough that I'm not going to drive any of these chasers out under any circumstance. Could argue for a pot equity raise here I suppose, since I'm likely against 1 or two better hands, and 5 or 6 worse hands, and I do have a weak re-draw.

EP folds
MP1 cold calls
MP2 calls
CO calls
pot is now 38.3 SB = 19.2 BB

Turn card is a K, making a Q-8-5-K board (full rainbow)

Checked around to the Button, who bets, so pot is now 20.2BB to me. I call. I think this was a bad play. My unlikely straight draw is now completely dead, and there are now two overcards to my pair and my draw.

Remaining players call 24.2 BB. River is a 3, board is now K-Q-8-5-3

Check to MP2, who bets (very uncharacteristic)
Button raises
I fold
remaining players fold
MP2 re-raise
Button cap
MP2 calls

Final pot $380

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So... very passive play on my part, but don't think I could have done much else. Any thoughts?

[SeaEagle]

I think you played it fine. Sometimes when the pot is big you have to continue with a weak draw but there's no way to buy outs, so the best strategy is to try to see the remaining cards as cheaply as possible.

FWIW, I think you have plenty of odds to call on both the flop and turn. Even if you only give yourself 2 outs (which is about what I'd give you), you have odds to call the turn.