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Omaha Hi-Lo (also known as Omaha 8 or better) is frequently seen as one of the most complex but well-loved poker games. It is a game that, even more than regular Omaha poker, aims for play from all levels of players. This is the main reason why a once irrelevant game, has increased in popularity so amazingly.
Omaha/8 begins exactly like a normal game of Omaha. Four cards are handed out to every player. A round of betting follows where gamblers can bet, check, or drop out. 3 cards are given out, this is known as the flop. A further sequence of betting ensues. Once all the players have in turn called or dropped out, an additional card is flipped on the turn. Another round of wagering happens at which point the river card is flipped. The entrants must attempt to make the best high and low 5 card hands based on the board and hole cards.
This is the point where a few entrants can get baffled. Contrasted to Texas Holdem, in which the board can be everyone’s hand, in Omaha hi lo the player has to utilize exactly 3 cards from the board, and exactly 2 hole cards. No more, no less. Unlike regular Omaha, there are two ways a pot can be won: the "high hand" or the "low hand."
A high hand is exactly what it sounds like. It’s the best hand out of every player’s, whether that is a straight, flush, full house. It is the same notion in almost all poker games.
A low hand is more difficult, but really free’s up the play. When deciding on a low hand, straights and flushes do not count. A low hand is the weakest hand that could be made, with the lowest being made up of A-2-3-4-5. Seeing as straights and flushes don’t count, A-2-3-4-5 is the smallest value hand possible. The low hand is any 5 card hand (unpaired) with an 8 and below. The lower hand takes half of the pot, as does the high hand. When there is no low hand presented, the high hand wins the complete pot.
While it seems difficult initially, following a couple of hands you will be agile enough to get the basic subtleties of the game easily enough. Since you have individuals betting for the low and wagering for the high, and since such a large number of cards are in play, Omaha hi/lo provides an amazing collection of wagering options and seeing that you have numerous individuals battling for the high, as well as several battling for the low. If you like a game with all kinds of outs and actions, it is not a waste of your time to play Omaha 8 or better.