Omaha Hi-Lo (also known as Omaha 8 or better) is commonly seen as one of the most complex but well-loved poker games. It is a variation that, even more than regular Omaha poker, invites play from every level of players. This is the main reason why a once invisible variation, has increased in popularity so amazingly.
Omaha hi low begins exactly like a normal game of Omaha. Four cards are handed out to each player. A round of wagering ensues where gamblers can bet, check, or drop out. 3 cards are handed out, this is referred to as the flop. One more round of wagering happens. Once all the gamblers have in turn called or dropped out, a further card is revealed on the turn. a further sequence of betting follows and then the river card is flipped. The gamblers will need to make the best high and low 5 card hands using the board and hole cards.
This is the point where many entrants get baffled. Unlike Texas Holdem, in which the board can make up everyone’s hand, in Omaha hi low the player has to use exactly three cards on the board, and exactly two hole cards. No more, not a single card less. Unlike normal Omaha, there are two ways a pot may be won: the "high hand" or the "lower hand."
A high hand is exactly what it sounds like. It’s the strongest possible hand out of everyone’s, whether that is a straight, flush, full house, etc. It is the very same notion in nearly all poker games.
The low hand is more complex, but really opens up the play. When figuring out a low hand, straights and flushes don’t count. the lowest 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 lowest value hand possible. The low hand is any 5 card hand (unpaired) with an eight and below. The lower hand takes half of the pot, as does the high hand. When there’s no lower hand available, the high hand takes the complete pot.
Although it seems difficult initially, after a couple of hands you will be able to pick up on the basic subtleties of play simply enough. Since you have individuals wagering for the low and wagering for the high, and since so many cards are in play, Omaha/8 offers an overwhelming range of betting choices and owing to the fact that you have several players trying for the high hand, along with many shooting for the low. If you love a game with a lot of outs and actions, it is not a waste of your time to compete in Omaha 8 or better.