Pot-limit Omaha (PLO) has a reputation for wild hands with lots of action. This is the direct result of fusing Omaha, with its big wrap straight draws and tons of apparently playable hands, with a big-bet format. PLO can be played as Omaha high or Omaha hi-lo 8/b, but the rare PLO games in casinos tend to be high only.
Where to Play Live
PLO is played in the following card clubs:
- Valley View Casino - 0.50/1.00 blinds, 60-200 buyin on Pokertek electronic tables
- Ocean's Eleven - 2/3 blinds, $5 to go, 100-500 buyin (runs on weekends, and sometimes during week)
- Venetian - 2/5 blinds. Only runs occasionally. Sometimes run with 5/5 blinds; also 1/2 with a $5 bring-in
- Rio - During the WSOP they run side cash games. 2/5 with button straddle. 5/10 (not sure about straddle, probably?)
Where to Play Online
PokerStars and FullTilt poker have games going on 24/7 from microstakes to high stakes.
Why not no-limit Omaha?
With the explosion of no-limit hold 'em, it seems natural to wonder why the game isn't typically spread in no-limit form. There certainly are online sites such as Full Tilt Poker that spread NLO, but the PLO games tend to be better frequented. In part this tendency is probably just a historical accident, but there is an argument for playing Omaha PL rather than NL. Because Omaha hands can have so many combination draws, a PL format has the virtue of limiting the ability of a made hand to deny odds to a drawing hand. A maximal pot-sized bet still lays odds of 2:1, giving life to many drawing hands.