
Omaha Hi-Lo is great deviation from the original game of Omaha, developed on the basic premise of Texas Hold’em. First, the difference between Omaha and Texas Hold’em is that you 4 Hole Cards, not 2, and you must use 2 of these Hole Cards, combined with 3 Community Cards, to make the best possible hand. Second, the difference between Omaha and Omaha Hi-Low is that two players will often split the pot – the highest ranking poker hand, and the lowest – so long as it qualifies. In order to have any success at Omaha Hi-Low, you must understand what a “Qualifying” Low Hand is. In order to qualify, your Low Hand must consist of no card higher than an 8, and no pairs, hence the term “8 or Better”. Straights and Flushes are discounted in an Omaha Low hand, therefore the best possible Omaha Low hand is: A-2-3-4-5 (or 5 High). Omaha Hi-Low is played with a single 52-card deck, where 2 to 10 players may participate.
Important Notes: In case you skimmed the above text, here’s the really important stuff you may have missed.
Hand Development: MUST consist of EXACTLY 2 Hole Card and 3 Community Cards (this goes for Omaha Hi and Low hands).
Poker players who aren’t familiar with Omaha or Omaha Hi-Low are strongly recommended to play at least a few practice hands before risking real money!
Each player will be allotted 9 cards to use throughout the hand; 4 Hole Cards and 5 Community Cards. Using 2 of these Hole Cards and 3 Community Cards, each player must make the best possible, highest ranking 5-card hand. The highest ranking hand wins the Omaha Hi half of the pot.
Next, each player uses these same 9 cards, again choosing 2 Hole Cards and 3 Community Cards to make the best possible Low Hand. The lowest Qualifying Low Hand (see Qualifying Low Hand above) wins the Omaha Low half of the pot.
If no hand qualifies for a winning Low hand, the pot is not split, and the High Hand winner is awarded the entire pot.
Omaha Hi-Lo can be played in all betting structures, Fixed Limit, No Limit and Pot Limit. For this ‘How To Play Omaha Hi-Lo’ guide, we’ll be using a Fixed Limit betting structure. This means that all bets and raises in the first two betting rounds must be equal to the low-end stakes, while the last two betting rounds force bets/rises equal to the high-end stakes. For example, stakes of $2/$4 would incur $2 bets/raises in the first two rounds, $4 bets/raises in the second two rounds.
Omaha Hi-Lo is played with Small Blind and Big Blind bets – forced bets that must be placed before any cards are dealt. Below is a complete list of all bet types, including Blinds, and a brief description of how they work.
Note: In the following example hand of how to play Omaha Hi-Lo, we’ll be using a Fixed Limit betting structure with $2/$4 stakes.
The Omaha Hi-Lo hand begins with the Small Blind and Big Blind bets being placed. Every player is then dealt 4 face-down Hole Cards, followed by the first round of betting.
The first betting round begins with the player left of the Big Blind, who must at least Call the Big Blind bet to stay in the hand, or Fold. In this fashion, betting goes clockwise around the table, with each player choosing to Call, Raise or Fold. Remember, all Bets and Raises must be $2 (the low-end stakes). When it is the Small Blind bettors turn, to stay in the hand, he will need to at least Call the current Bet by adding enough chips to his Small Blind Bet to equal the Bet. If no player raises in the first betting round, the Big Blind bettor will have the option to Raise. If he does not, he may Check and end the round off betting.
Omaha Hi Hand: All remaining players will first create the best possible, highest ranking poker hand using exactly 2 Hole Cards and 3 Community Cards. The highest ranking 5-card poker hand wins half of the pot.
Omaha Low Hand: Players will now attempt to create a Qualifying Low Hand (see Qualifying Low Hand above), again use exactly 2 Hole Cards and 3 Community Cards. The lowest qualifying Omaha Low hand wins the other half of the pot. Should no player qualify for a winning Low hand, the Omaha High Hand winner takes the entire pot.
Should two players tie for the Omaha Low Hand, the must split the Low Hand half of the pot.