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, aims for play from every level of players. This is the main reason why a once obscure game, has grown in acceptance so quickly.
Omaha/8 begins like a regular game of Omaha. 4 cards are handed out to every player. A round of wagering ensues where players can bet, check, or fold. 3 cards are handed out, this is called the flop. One more round of betting ensues. After all the players have either called or folded, a further card is flipped on the turn. Another sequence of betting ensues and then the river card is revealed. The gamblers 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 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 on the board, and precisely two cards from their hand. Not a single card more, no less. Unlike normal Omaha, there are two ways a pot can be won: the "higher hand" or the "low hand."
A high hand is exactly what it sounds like. It is the best hand out of every player’s, regardless if it is a straight, flush, full house. It is the same concept in nearly all poker games.
A low 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 weakest hand that can be made, with the lowest being A-2-3-4-5. Seeing as straights and flushes do not count, A-2-3-4-5 is the lowest value hand possible. The low hand is any five card hand (unpaired) with an eight and smaller. The low hand wins half of the pot, as does the high hand. When there’s no low hand available, the higher hand wins the entire pot.
Although it seems difficult at the outset, following a couple of rounds you will be agile enough to pick up on the fundamental nuances of play simply enough. Seeing as you have individuals betting for the low and wagering for the high, and seeing as so many cards are in play, Omaha/8 offers an amazing collection of betting possibilities and because you have several individuals battling for the high hand, along with several trying for the low hand. If you enjoy a game with a lot of outs and actions, it is not a waste of your time to participate in Omaha 8 or better.