Omaha Hi-Lo (also known as Omaha/8 or better) is frequently seen as one of the most difficult but well-loved poker variations. It’s a game that, even more than regular Omaha poker, aims for action from every level of players. This is the main reason why a once invisible variation, has expanded in acceptance so amazingly.
Omaha hi/lo begins like a regular game of Omaha. Four cards are dealt to every player. A sequence of betting ensues where players can wager, check, or fold. 3 cards are given out, this is known as the flop. Another round of betting happens. Once all the gamblers have in turn called or folded, another card is flipped on the turn. Another sequence of wagering follows at which point the river card is revealed. The players must attempt to put together the best high and low 5 card hands using the board and hole cards.
This is the point where a few entrants get baffled. Contrasted to Hold’em, in which the board can be everyone’s hand, in Omaha hi-low the player has to utilize precisely 3 cards on the board, and exactly two hole cards. No more, not a single card less. Contrary to normal Omaha, there are two ways a pot can be won: the "higher hand" or the "low hand."
A high hand is just what it sounds like. It’s the strongest hand out of everyone’s, regardless if it is a straight, flush, full house, etc. It’s the very same approach in just about every poker game.
A lower hand is more complicated, but really opens up the action. When deciding on a low hand, straights and flushes don’t count. A low hand is the worst hand that can be put together, with the lowest being A-2-3-4-5. Since straights and flushes do not count, A-2-3-4-5 is the smallest value hand possible. The lower hand is any five card hand (unpaired) with an eight and smaller. The low hand takes half of the pot, as just like the higher hand. When there is no lower hand presented, the high hand takes the complete pot.
It may seem complicated at the outset, after a few rounds you will be agile enough to pick up on the fundamental subtleties of the game simply enough. Seeing as you have players betting for the low and wagering for the high, and seeing as such a large number of cards are being used at once, Omaha 8 or better provides an exciting assortment of betting possibilities and seeing that you have numerous players shooting for the high hand, along with a few trying for the low hand. If you like a game with a considerable amount of outs and actions, it is not a waste of your time to participate in Omaha hi/low.