Omaha Hi-Lo (also known as Omaha/8 or better) is often times viewed as one of the most complicated but well-loved poker games. It is a variation that, even more than regular Omaha poker, invites action from every level of players. This is the primary reason why a once irrelevant variation, has increased in acceptance so rapidly.
Omaha Hi-Lo starts like a regular game of Omaha. 4 cards are given out to every player. A round of betting ensues in which gamblers can bet, check, or fold. 3 cards are given out, this is called the flop. A further round of betting happens. After all the players have either called or folded, a further card is revealed on the turn. Another round of wagering ensues at which point the river card is flipped. The players will need to put together the best high and low five card hands using the board and hole cards.
This is the point where many players get baffled. Contrasted to Hold’em, in which the board can be every player’s hand, in Omaha hi lo the player has to use precisely three cards from the board, and exactly 2 hole cards. No more, not a single card less. Contrary to regular Omaha, there are two ways a pot could be won: the "high hand" or the "lower hand."
A high hand is just 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 is the same notion in almost every poker game.
The low hand is more complex, but really free’s up the play. When determining a low hand, straights and flushes don’t count. the lowest hand is the worst hand that could be put together, with the lowest value being made up of A-2-3-4-5. Seeing as straights and flushes don’t count, A-2-3-4-5 is the lowest value hand possible. The lower hand is any five card hand (unpaired) with an eight and lower. The low hand takes half of the pot, as just like the high hand. When there is no lower hand presented, the high hand takes the complete pot.
While it seems complex at the start, following a few rounds you will be agile enough to get the fundamental nuances of the game with ease. Since you have people wagering for the low and betting for the high, and seeing as such a large number of cards are being used at the same time, Omaha hi low offers an overwhelming range of wagering options and seeing that you have many players trying for the high, as well as several battling for the low hand. If you prefer a game with all kinds of outs and actions, it is worth your time to play Omaha hi low.