Raising
In Omaha H/L many playing look for the low. You will find if you play often that there are players who only play low cards. They see this as giving them an advantage to at least half of the pot. The problem comes in when you realize that many of the players are holding good low cards.
For example you hold As, 2s, 8h, Jd. The flop is 3h, 6h, 7d. There is definitely a low hand and at the moment an A-2 is good. The problem is two-fold.
First there are still two more cards to be dealt in the community cards. If either of those cards are an ace or a two the chance of your cards still being good lessens drastically. Many people stay in with an A-4 or a 2-4 hoping to catch the low.
The other pitfall comes when you make the low hand. At the same time you assume that people are betting on the straight and possible flush. You feel confident with the low hand so you raise the pot. As the betting makes it way around the board there are four other players still in the hand and player three raises the pot again. You call. On fourth street comes an 8s. Your hand is still good for low so you raise it again. This time the hand is raised by the third and the fourth player. You call. The river delivers a Kh. Your low held up so you raise again. The second player raises followed by the third, fourth and fifth players who raise all in. This puts you all in. The cards are turned over and you see players two, three and four also have the A-2 and player five has the flush. Assuming you all began with 1000 in chips. You and players two, three and four get 625 each and player five gets 2500. Had the low pots not raised you and the others would have lost less chips.
Remember low cards are only good with a low hand on the board. Without three low cards on the board that don't match the cards in your hand, your low is useless.
Bluffing
Bluffing is a good strategy in Texas Holdem at measured hands. In Omaha H/L there are so many more cards and more hands that people are pursuing that the chances of someone having the nuts goes up exponentially. This means someone is probably slow playing in hopes that an overly aggressive player who is a bluffer will step right into their trap. Bluffing well is much harder to do in Omaha H/L than at any Texas Holdem table.
