Omaha Hi-Lo (also known as Omaha/8 or better) is often times viewed as one of the most complex but favored poker variations. It is a variation that, even more than normal Omaha poker, invites play from all levels of players. This is the main reason why a once invisible variation, has increased in acceptance so quickly.
Omaha/8 starts just like a regular game of Omaha. 4 cards are given out to each player. A sequence of wagering ensues in which players can bet, check, or drop out. Three cards are dealt out, this is referred to as the flop. One more sequence of betting happens. Once all the players have in turn called or folded, an additional card is revealed on the turn. Another round of wagering follows and then the river card is flipped. The entrants will need to make the strongest high and low five card hands using the board and hole cards.
This is the point where many entrants get confused. Unlike Hold’em, in which the board can be every player’s hand, in Omaha hi-low the player has to utilize exactly three cards on the board, and exactly two hole cards. Not a single card more, no less. Unlike regular Omaha, there are two ways a pot may be won: the "higher hand" or the "lower hand."
A high hand is exactly what it sounds like. It’s the best hand out of every player’s, it doesn’t matter if it is a straight, flush, full house. It’s the identical notion in almost every poker game.
The lower hand is more complex, but certainly free’s up the action. When deciding on a low hand, straights and flushes don’t count. A low hand is the worst hand that might be made, with the worst being made up of A-2-3-4-5. Because straights and flushes don’t count, A-2-3-4-5 is the worst possible hand. The lower hand is any 5 card hand (unpaired) with an 8 and lower. The low hand takes half of the pot, as does the high hand. When there is no lower hand presented, the higher hand takes the complete pot.
It may seem difficult at first, after a couple of rounds you will be able to get the basic subtleties of the game simply enough. Seeing as you have individuals wagering for the low and wagering for the high, and since such a large number of cards are being used at the same time, Omaha/8 offers an exciting array of betting choices and owing to the fact that you have many players shooting for the high hand, along with several shooting for the low. If you like a game with a lot of outs and actions, it is not a waste of your time to compete in Omaha hi-low.