A strong pot-limit Omaha hand
Editor’s note: What follows is an edited excerpt from Jeff Hwang’s book, Advanced Pot-Limit Omaha: Small Ball and Short-Handed Play.

In Pot-Limit Omaha Poker: The Big Play Strategy, I noted that the presence of a two-flush on the board significantly devalues a wrap when you don’t have a flush draw yourself (Page 50, “When There is a Two-Flush on the Flop”). On a 10Diamond Suit 9Diamond Suit 2Heart Suit flop, for example, the QClub Suit JClub Suit 8Spade Suit 7Spade Suit, a 20-card wrap, is nearly a 3-2 dog to the ADiamond Suit ASpade Suit 4Club Suit 3Diamond Suit, a pair of aces and the nut-flush draw. As such, you should tend to play more cautiously when you are holding a bare wrap when a flush draw is possible, especially as the effective SPR [stack-to-pot ratio] reaches the three-bet (mid) range.

But let’s reverse the roles for a second. Let’s say that you have the nut-flush draw; running through a few hand matchups, it is quite clear that the nut-flush draw is pretty strong against an opponent who is also on a draw, even when your opponent has a flush draw himself. On a QSpade Suit 6Spade Suit 5Diamond Suit board, for example, the ASpade Suit KHeart Suit 10Heart Suit 2Spade Suit, a dry nut-flush draw and ace high, is about a 2-1 favorite over the 10Spade Suit 9Spade Suit 8Heart Suit 7Heart Suit, a 13-card nut wrap with a flush draw, and is only a slight dog against the 9Spade Suit 8Spade Suit 7Heart Suit 6Heart Suit, a pair plus a 13-card nut wrap with a flush draw. Meanwhile, A-A plus the nut-flush draw is going to be pretty strong against even the biggest draws.

 

This means that you can play the nut-flush draw pretty strongly in situations where your opponent doesn’t have to have a set to play with you for stacks — namely, low-SPR situations, as well as some mid-SPR situations when you have A-A, another pair, or some other kind of draw to go with it.

You Opponent Flop Equity(You/Opponent)
ASpade Suit 2Spade Suit 3Heart Suit 4Heart Suit JSpade Suit 10Spade Suit 9Heart Suit 8Heart Suit QSpade Suit 7Spade Suit 6Diamond Suit 57.0%/43.0%
ASpade Suit 2Spade Suit 3Diamond Suit 6Heart Suit JSpade Suit 10Spade Suit 9Heart Suit 8Heart Suit QSpade Suit 7Spade Suit 6Diamond Suit 59.15%/40.85%
ASpade Suit AHeart Suit 2Spade Suit 3Heart Suit JSpade Suit 10Spade Suit 9Heart Suit 8Heart Suit QSpade Suit 7Spade Suit 6Diamond Suit 62.8%/37.2%
ASpade Suit KHeart Suit 10Heart Suit 5Spade Suit 10Spade Suit 9Spade Suit 8Heart Suit 7Heart Suit QSpade Suit 6Spade Suit 5Diamond Suit 65.98%/34.02%
ASpade Suit KHeart Suit 10Heart Suit 5Spade Suit 9Spade Suit 8Spade Suit 7Heart Suit 6Heart Suit QSpade Suit 6Spade Suit 5Diamond Suit 49.88%/50.12%
ASpade Suit KHeart Suit 10Heart Suit 2Spade Suit 9Spade Suit 8Spade Suit 7Heart Suit 6Heart Suit QSpade Suit 6Spade Suit 5Diamond Suit 47.20%/52.80%
ASpade Suit AHeart Suit KHeart Suit 2Spade Suit