Omaha Hi/lo and Holdem profit, maybe 2 part question

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lqprimetime

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Not a typical which game is better. FYI

Sort of a 2 part question,
1) Is Omaha hi lo(or even standard) more profitable or have less swing variance?
2) At what stakes would you say Omaha begins to be more serious and harder.

So to give some context to my question, in my experience at micro stakes, Omaha Hi Lo seems to be very easy. Some are even sitting there not knowing what a low hand is. And some are sitting there because its the only place they can with their last 40 cents or whatever.
There are some good players too, but at what stakes would you stop having such easy competition. Im talking people that maybe only know top 10 starting hands from googling and don’t even know how the game works.

The variance thing and profitability thing only interested me because when searching first for an answer before posting, I came across a lot of stuff about how high pair whole cards don’t dominate etc as regular Omaha players know.
I thought, at least with pot limit, the swings in your bankroll may not be as big, but the hand swings like getting your hand cracked maybe easier.

I heard once some pros talking about how fun and easy omaha was and how easy it is to bluff.
And the only counter argument that i could think of to the Varience thing, is that it is maybe easier to lay down a hand and tell if you’re beat. Like easier to lay down trips or AA with a flush in the board. (i get in serious games though this is where the bluffing and reading the pros were talking about).
 
MemphisGrind

MemphisGrind

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Not a typical which game is better. FYI

Sort of a 2 part question,
1) Is Omaha hi lo(or even standard) more profitable or have less swing variance?
2) At what stakes would you say Omaha begins to be more serious and harder.

So to give some context to my question, in my experience at micro stakes, Omaha Hi Lo seems to be very easy. Some are even sitting there not knowing what a low hand is. And some are sitting there because its the only place they can with their last 40 cents or whatever.
There are some good players too, but at what stakes would you stop having such easy competition. Im talking people that maybe only know top 10 starting hands from googling and don’t even know how the game works.

The variance thing and profitability thing only interested me because when searching first for an answer before posting, I came across a lot of stuff about how high pair whole cards don’t dominate etc as regular Omaha players know.
I thought, at least with pot limit, the swings in your bankroll may not be as big, but the hand swings like getting your hand cracked maybe easier.

I heard once some pros talking about how fun and easy omaha was and how easy it is to bluff.
And the only counter argument that i could think of to the Varience thing, is that it is maybe easier to lay down a hand and tell if you’re beat. Like easier to lay down trips or AA with a flush in the board. (i get in serious games though this is where the bluffing and reading the pros were talking about).

1. Omaha Hi/lo will always have more swing variance. Whether or not it is profitable has to with where you play your table selection and your own skill level. There are SO many more potential hands thus the SO many more ways to cool off the best hand on a current street. This amplifies even more in a game where not only are there more hands but you put the potential of also having a high and low which creates even more variance.

2. I guess this depends on whether you are playing online or live. When I play online I see a wide mix of beginners and recreational players from 2NL up to about 10NL obviously there are some great players sprinkled in but I think online from 25NL up the balance of Regs vs. Rec begins to slowly offset kind of like a graph where the amount of recreational players goes down as the stakes go up. Live however matter of fact was playing 700NL PLO last night at my local casino and there was a mix of rec and reg. matter of fact one guy sat down and spent 15 min talking with the dealer before we started getting details of how many cards he has to play and asking scenarios such as so if quads are on the board do I have quads. I haven't played live PLO any higher than 2/5 with no cap and that game was all Regs so live you don't so many low stakes PLO games because they really don't understand the game but online they can try it out for cheap thus the reason you see so many rec. players online low stakes PLO and PLO8
 
PaxMundi

PaxMundi

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Me playing Omahaha!.It's a very high variance game so expect big swings.


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seeyouthru

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Omaha hi lo is the only form of poker that has the least variance due to split pots!
 
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