Omaha Hi-Lo is an interesting and complex game, but one that because of that very nature offers some basic and easy strategies to come ahead in the long run. Because of all the cards in play, and the fact that often times there are two winning hands and the pot will split, a lot of action is created in Omaha Hi-Lo, and even the best pros in the world disagree vastly on strategies, sometimes even offering conflicting advice.
Because of the activeness of Omaha Hi-Lo, you will never find a game with more bad hands being played, and even raised on, all the way to the river, or even after they are beaten. Because of this, logic dictates that you only play very strong hands. Because of the sheer number of players who don’t even understand the basics of what they’re doing (or who only know to raise on A-2 and nothing else), if you play an extremely conservative game of Omaha Hi-Lo and keep yourself from chasing, you will always come out ahead in the long run.
The best hand mathematically is A-2-3-4, because it will win a piece of the pot over 40% of the time, which is astounding, because it gives you all the plays on the best low hand as well as straight...