Omaha Hi-Lo (also known as Omaha/8 or better) is often times seen as one of the most complex but favored poker games. It is a variation that, even more than normal Omaha poker, aims for action from every level of players. This is the main reason why a once invisible variation, has increased in popularity so amazingly.
Omaha/8 begins like a regular game of Omaha. Four cards are handed out to each player. A round of betting ensues in which players can wager, check, or fold. Three cards are handed out, this is known as the flop. A further sequence of wagering ensues. After all the players have in turn called or folded, a further card is revealed on the turn. a further sequence of wagering happens and then the river card is revealed. The gamblers must attempt to make the strongest high and low 5 card hands using the board and hole cards.
This is where many entrants get baffled. Unlike Hold’em, in which the board can make up every player’s hand, in Omaha Hi-Lo the player has to use exactly three cards from the board, and precisely 2 hole cards. Not a single card more, not a single card less. Contrary to normal Omaha, there are two ways a pot could be won: the "high hand" or the "low hand."
A high hand is just how it sounds. It is the strongest possible hand out of every player’s, whether that is a straight, flush, full house. It is the very same concept in almost all poker games.
The low hand is more difficult, but certainly opens up the action. When deciding on a low hand, straights and flushes do not count. A low hand is the weakest hand that can be made, with the worst being made up of A-2-3-4-5. Since straights and flushes don’t count, A-2-3-4-5 is the smallest value hand possible. The low hand is any 5 card hand (unpaired) with an eight and lower. The low hand takes half of the pot, as does the higher hand. When there’s no low hand presented, the higher hand takes the entire pot.
While it seems complex initially, after a few rounds you will be able to get the base subtleties of play with ease. Since you have individuals wagering for the low and wagering for the high, and since so many cards are in play, Omaha 8 or better provides an overwhelming assortment of wagering possibilities and because you have numerous individuals battling for the high hand, and a few shooting for the low hand. If you prefer a game with a considerable amount of outs and actions, it’s not a waste of your time to play Omaha 8 or better.