Omaha Hi-Lo (also known as Omaha/8 or better) is often times viewed as one of the most complex but popular poker games. It’s a variation that, even more than normal Omaha poker, invites action from all levels of players. This is the chief reason why a once irrelevant variation, has expanded in popularity so quickly.
Omaha/8 begins like a regular game of Omaha. 4 cards are dealt to each player. A sequence of wagering ensues where players can wager, check, or drop out. 3 cards are dealt out, this is referred to as the flop. A further sequence of wagering happens. After all the players have in turn called or folded, another card is flipped on the turn. a further sequence of betting follows and then the river card is revealed. The players will have to make the strongest high and low five card hands using the board and hole cards.
This is where some players get baffled. Unlike Texas Holdem, where the board can be everyone’s hand, in Omaha hi-low the player must use exactly 3 cards from the board, and precisely 2 hole cards. No more, not a single card less. Contrary to regular Omaha, there are 2 ways a pot might be won: the "higher hand" or the "lower hand."
A high hand is exactly what it sounds like. It is the best possible hand out of everyone’s, whether that is a straight, flush, full house, etc. It’s the same concept in almost all poker games.
The low hand is more difficult, but really opens up the play. When deciding on a low hand, straights and flushes do not count. the lowest hand is the worst hand that can be made, with the worst being A-2-3-4-5. Because straights and flushes do not count, A-2-3-4-5 is the lowest value hand possible. The lower hand is any five card hand (unpaired) with an 8 and smaller. The lower hand takes half of the pot, as does the higher hand. When there’s no lower hand available, the higher hand takes the entire pot.
While it seems complex at the start, after a few rounds you will be agile enough to get the basic nuances of play with ease. Seeing as you have people wagering for the low and betting for the high, and seeing as so many cards are in play, Omaha 8 or better provides an amazing collection of wagering options and seeing that you have numerous individuals shooting for the high, as well as many battling for the low. If you like a game with a considerable amount of outs and actions, it’s not a waste of your time to play Omaha 8 or better.