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January 22nd, 2025 Newsletter Know a Game: Omaha Hi-Lo (8 or better) This is the poker player's poker game. Omaha Hi - Lo or Omaha 8 or better is a split pot flop game played with betting limits. It is played with 4 hole cards of which exactly two are to be used with exactly three of the board cards. Winning the high and the low is known as a scoop. If there is not a qualifying low (remember that there has to be at least 3 cards on the community board lower than 8 for a low to qualify), the entire pot is awarded to the high hand. The "wheel" is the nut low as straights and flushes don't count against a low made hand. What in the word...? Risk Premium Essentially, be careful. Risk Premium sounds l...