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Omaha Hi/Lo (Eights or Better) Rules
If you know how to play Omaha Poker, you already have a head start on Omaha Hi/Lo. The basic rules and play structure are the same, but the difference lies in the rankings of the winning hand(s). Omaha Hi/Lo winners must still use exactly two of their hole cards with exactly three of the community cards, but they have the option to make two winning hands from their cards. These hands are the Hi and the Low; hence Omaha Hi/Lo. If a player holds both the highest and the lowest winning Omaha Hi/Lo poker hands in a game, he wins the entire pot. If the winning high and the winning low hand is made by two different players, they split the pot.
Starting positions
To begin a game of Omaha Hi/Lo, also called Omaha Eights or Better, the player in position to the left of the dealer must always put up the small blind, and the next player to the left of the small blind puts up the big blind. Because the dealer button rotates in Omaha Hi/Lo, every player will get the opportunity to sit in the dealer seat, the small blind seat, and the big blind seat. Once the blinds are posted, which pomotes action in the game, the dealer deals every player four hole cards, just like in Omaha Poker. These hole cards are also known as pocket cards.In Omaha Hi/Lo, the action goes clockwise around the table beginning with the seat to the left of the big blind and ending with the big blind. As play goes around the table, Omaha Eights or Better players can call, raise, or fold. The big blind, already being in the pot for the whole bet, can check if no other raises have been made.
Play the game
The second round of Omaha Hi/Lo, or Omaha Eights or Better, begins after all initial bets are complete. The dealer burns one card and then lays the flop on the table face up. This is a three-card deal that all players can use to make their best Hi or Lo hand. Once the flop is dealt, players have the chance to again call, raise, or fold. The other two community cards are dealt individually in the following rounds, each preceded by a burn card and followed by a round of betting. These rounds are referred to as the turn and the river. At the end of the final betting round, remaining players participate in a showdown, or they may choose to secede from the action and muck their cards without showing them to the other players. The Omaha Hi/Lo winner(s) are then awarded their share of the pot.The Hi/Lo variation
Players of Omaha Hi/Lop should always remember that cards with values more than 8 are automatically not eligible to win the low hand. On the other hand, cards less than or equal to 8 do qualify a hand for the low win. Hands with card values ranging in the middle are neither beneficial nor are they harmful to either a low or a high hand (unless the best hand combo includes a flush or pairs). It should also be noted that in Omaha Hi/Lo, Aces are both low value cards and high value cards. Therefore, the lowest and best possible low hand is A-2-3-4-5, which is referred to as “the wheel.”
The trick of Omaha Hi/Lo is to keep the high and low of your hand in mind at all times. This way of thinking has to be learned and is essentially much more complicated than the thought process of Omaha Poker.