[Killingbird]

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I play a home game often - now and again a underground card room in NYC.
In the home game I see the typical mistakes - people chasing down their flush draw etc with no odds to justify it. Lots of gamble and lots of loose calls (paint + anything = the nuts !!! )
A hand examples -
I bought a somewhat shortstack into a 1-2 game at the illegal card room...
this game runs VERY big. nothing like a typical 1-2 game as far as I can tell.
This player was running all over the table - extremely aggressive with just about any two cards. He bought in twice for 500 in the hour that I had been there... he was a maniac.
I was on the button J-10 suited. The typical pre-flop raise in this game was 5-15 bucks. Maniac man brings it in from under the gun for 5 bucks...extremely small pre-flop for him. There were 2-3 callers.. it comes to me and I call (flat call first mistake ?)
The flop comes Q-3-9 rainbow - leaving me open ended...
The maniac however bets 50 bucks out into a 15 dollar pot.
It folds around to me and I'm left with a dilemma... he could have anything.. although I'm guessing he most definately has Q-rag...from what I've seen before.
This guys has at least 600 bucks in front of him to my measly 200... and I know he has no problem calling it down with garbage.
Plus I have no odds to call this at ALL.. Unless the + EV that if I do hit my straight I will double up through this maniac ? But he will punish me on the turn if I miss.. I'm sure of that.
I fold very reluctantly - and he shows me the queen only..

Was I too tight in this situation ? I know odds didn't justify a call.. but do I need to gamble it up now and again against LAGS like this ?

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yup, fold was fine. if your read told you you might get to see a cheap river, then maybe...but you indicate you are going to have to pay, so fold.

With these kind of guys I try to be very patient, play quality starting hands and hands with good potential (suited connectors, small pairs, etc) but dont be afraid to dump if you dont hit your had near perfect. You'll make alot when you hit, just make sure you lose a little when you dont.