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Poker is card game where two to ten players can play at a table. Every player is dealt with two cards, which are known as ‘hole cards’. A fundamental part of Poker is betting where players can bet based on their card strength. The round of betting begins after hole cards are being dealt. Players can Check, Bet or Fold in the betting rounds.
There are four stages of round:
There are two ways a hand can end.
One is when the players in a hand turn over their hole cards and the player with the best hand wins. This is known as a showdown.
The other is that someone will bet enough that everyone else folds. This is how most hands end in Texas Hold'em and that's the magic of the game - you don't always need the best hand to win.
Pot-limit Omaha or PLO in short is different from Texas Holdem and in the recent times quite popular because of the action it tends to generate on the table. The principle reason of the popularity is because the possibility of drawing hands is so big and wide so that the line between the "made hands" and "drawing hand" is fuzzy. Instead of two cards in Holdem, players are dealt with four cards, so a 13 card straight draw is standard, and even 20-card straight draws are also possible. It is therefore very important to understand how to count outs, and calculate odds in PLO. Without these two skills, it may look like fast-paced gambling spree where you can win some major pots but in the long-run you will always be a loser.
The biggest difference between Holdem and Omaha is the number of starting cards (hole cards). Since in Omaha players are dealt with four hole cards, making draws are essentially quite wide. In Omaha a player uses two hole cards from his own and three cards from the community cards. In Holdem, it is a best of five cards game where player's may or may not use the cards they are dealt to make the best of five cards i.e if the community cards are 3,4,5,6,7 then all players have a straight.
In Omaha, a player must use two cards from the hole cards to make the best hand.
Let's take an example of boarded straight.
Let's assume the five boarded cards are 3-4-5-6-7 then all players do not have straight. Only players having 34,45,67,37,89,78 or any two cards in the four cards that were dealt to them to having a drawing hand.
Player A has 10 10 A J & player B holds JQ K K. Player2 wins with K K pair. His best five cards are K K 5 6 7.
(NOTE - In both Holdem and Omaha Ace is greater than King but here player A lost because he had to use two cards from his hand, so here ace does not mean much to this hand.)
Let take another example.
Let assume community cards are 7 8 10 J K (all diamonds). In this case say player A has 10-J-A-K where ace he holds is a diamond. Player B has 5 6 Q K ( Q & K of diamond). So player B will win the hand as he has two diamonds unlike Texas where one card can be used to make flush or straight.
Betting rules are pretty much similar to Texas Holdem except some exceptions. Like NLHE, the minimum bet in PLO is the size of big blind. The standard raise is the double of the bet and raise it 1/2 pot, 3/4 pot and the pot. However, a player can only always raise up to the size of the pot, not more than that.
The minimum bet is always the amount of previous bet. For example, if the first player bets Rs. 200 then the following players must bet Rs. 200 or raise it double.
The maximum raise a player can do is the size of the pot. It is noted that the size of bet is the total of the active pot plus on bets on the table.
Let's take an example.
Suppose the size of the pot is Rs. 100, assuming there is no action on a particular betting round. Player A wants to bet, so he can bet maximum of Rs. 100. Now the total pot size is Rs. 200. So, the action moves to Player B. The Player B has three primary actions - fold, call Rs. 100 or raise any amount between Rs. 100 to maximum. Here is the maximum amount the Player B can bet is Rs. 400.
Here is the formula for betting in PLO is:
Total Pot + Previous Bet Amount + Minimum Call to Bet = Maximum bet amount a player can do.
In this particular example:
Total pot = Rs. 200
Previous Bet Amount = Rs. 100
Minimum Call to Bet = Rs. 100
Rs. 200 + Rs. 100 + Rs. 100 = Rs. 400