Omaha Hi-Lo (also known as Omaha 8 or better) is commonly viewed as one of the most complicated but popular poker variations. It’s a variation that, even more than regular Omaha poker, aims for action from all levels of players. This is the chief reason why a once obscure variation, has grown in popularity so amazingly.
Omaha Hi-Lo begins exactly like a normal game of Omaha. Four cards are given out to every player. A sequence of wagering ensues where players can wager, check, or fold. 3 cards are given out, this is known as the flop. A further round of betting happens. After all the gamblers have either called or dropped out, a further card is flipped on the turn. an additional sequence of betting follows at which point the river card is revealed. The gamblers will have to make the strongest high and low five card hands based on the board and hole cards.
This is where a number of entrants get flustered. Unlike Texas Hold ‘Em, where the board can make up everyone’s hand, in Omaha hi/lo the player must use precisely 3 cards on the board, and exactly two hole cards. Not a single card more, no less. Contrary to regular Omaha, there are two ways a pot can be won: the "higher hand" or the "lower hand."
A high hand is exactly how it sounds. It is the strongest possible hand out of everyone’s, whether that is a straight, flush, full house, etc. It’s the identical concept in just about every poker game.
The lower hand is more complicated, but certainly free’s up the play. When deciding on a low hand, straights and flushes do not count. A low hand is the weakest hand that could 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 low hand is any five card hand (unpaired) with an eight and below. The lower hand wins half of the pot, as just like the high hand. When there’s no low hand available, the high hand wins the complete pot.
While it seems complex initially, following a couple of hands you will be agile enough to pick up on the basic nuances of the game easily enough. Since you have players wagering for the low and betting for the high, and since so many cards are being used at once, Omaha 8 or better offers an amazing array of betting choices and owing to the fact that you have numerous individuals shooting for the high hand, as well as a few trying for the low. If you like a game with a plethora of outs and actions, it is not a waste of your time to compete in Omaha hi lo.