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Bohemian
First, let me first introduce myself. I am a poker enthusiast from Canada and post under the name "Bohemian" on the ITH forums. I have been playing poker on and off for about 10 years. I took a long break from the game as I completed a bachelor's degree in computer science and a master's degree in relational psychotherapy/psychology and philosophy.
In 2004, I decided to "come back" and start playing online (certain fellow named "Moneymaker" got my juices flowing again). I found the ITH forum to be a great place to improve my game. Unlike other forums, the majority of ITH members are very friendly and helpful. If you want to work on your game, and join one of the fastest growing poker communities in the world, then this is the place!
Website URL: http://internettexasholdem.com/poker-forum/omaha-f50
The good news is that you do not need an exceptional talent, "luck", or some sort of a mystical esoteric quality to do that. It is well within your reach if you are willing to learn and persevere. The fact that you are reading this article indicates that you have already taken the first step. Don't stop here!
I suspect that most of you come to Pot Limit Omaha Hi Lo from hold'em. You probably played some no-limit hold'em tournaments and low-mid limit hold’em cash games. Some of you may have done extremely well. Others may feel discouraged with their results and feel like quitting. But regardless of your past results, O8 may become your new "best game". Let’s look at why O8 is such a great game to play:
1. Easier to master than hold'em and stud - contrary to appearances, the decisions in Pot Limit Omaha Hi Lo are somewhat simpler than those in hold’em and stud. This is particularly true of pre-flop hand selection and decisions made on the flop.
2. Easy to beat – at low limits, the Pot Limit Omaha Hi Lo games are typically very loose. Mistakenly, many players consider Pot Limit Omaha Hi Lo to be hold’em with four cards. Consequently, they play more hands than is optimal for maximizing their profit. This creates a great opportunity for those players who are more selective and understand hand values. The good news is that there are few good players at the lower limits. And it sometimes takes poor players a long time to discover that they are really losers at the game. Once poor players start losing, they usually blame "bad luck" for the results instead of their play. Inevitably, such thinking will only keep them playing (and losing) longer.
3. Pot Limit Omaha Hi Lo has lower variance – because it is a split game (high hand splits the pot with low hand, if there is a low), the Pot Limit Omaha Hi Lo variance is less than that of Hold’em and Stud. This can be an important fact for a number of new players who easily go on tilt. Lower variance means lesser swings. Typically, new poker players do not respond well to wild fluctuations. Pot Limit Omaha Hi Lo is more gentle in that respect than Hold’em or Stud. If you tilt easily, Pot Limit Omaha Hi Lo might be a better game for you.
Let me be honest with you. I am very hesitant to write this article. I wish you wouldn’t read it. Or if you do read it, DON’T play at my table. If you apply what you learn from this article, you will be in a position to start beating the majority of low limit games out there.
What is the single biggest mistake that beginning Pot Limit Omaha Hi Lo players make? Watching and playing the games for thousands of hands and hundreds of hours I think it is safe to say: playing too many starting hands.
Look-for #1: Key Card
Certain cards are more important than others. Ace is the key card in Omaha high/low. It is a perfect scooping card in that it is the best high and low card. Here I will iterate an advice given by most other poker authors: as a beginner, you would not be losing much if you did not play any hands that do not have an ace in them. There are certain strong hands that do not have an ace in them (such as KK23 or KKJQ double-suited for example), but most of them are hard to play for a beginner. Stick with an ace when you’re starting out. You’ll be happier when you count your chips. In a ten-handed Omaha game, 40 cards are dealt out preflop. That’s close to 80% of the deck. This means that on average, there will be about three aces out preflop. If you do not have an ace, you are not only missing a key scoop card in your hand, but you are also increasing the chance that somebody else has it instead of you.
Sometime in the 90s, I enrolled as a computer science student at a certain Canadian university. The first year was tough enough. The program had an 80%+ drop-out rate. I survived thinking how tough it was, not knowing what was ahead of me in the second year. I had to take a course in discrete mathematics with one of the best computer scientists in the world. No sweat. I took math courses before and always excelled. But this time it was different.
The first answer will depend to a large degree on your game selection. Some $5/$10 games are a lot easier to beat than some $2/$4 games. The basic trait of good omaha games is looseness. (Be sure not to confuse looseness with short-handed aggression!) In general, the loosest games will be the easiest to beat. But with increasing knowledge on how to play the game, the game seems to play tighter. What is your edge beyond basic play? What separates merely “good” players from excellent players and experts? Something clearly makes a difference. Fortunately, most of these “special” qualities can be understood and developed to a high degree. I will address two that often separate men from the boys, so to speak.


