If you are going to start playing Omaha High Low (also known as Omaha 8 Or Better), here are some tips to get you going:
#1 – Read as much as you can on the game. Find books on the subject, read magazine articles, search websites for any information they may have. The more you familiarize yourself with the game, the concepts, and the applicable math and odds, the better you'll be when you first sit down. And read everything here at PokerWorks Strategy section!
#2 – Practice! Before you start putting in your own money, find a site that will let you play for free. It won't be the same kind of play that you'll get in a real money game but what it will let you do is see how the game works and will give you a feel for the flow of the game.
#3 – Start out low. No matter what your bankroll is, it's best if you start out at a lower limit and work your way up. Doing this will give you even more practice and you will be able to start identifying different player types and how you can play against them.
#4 – Watch other players. Sometimes the best way to learn is to watch others play. Watch some of the high limit games and see what the winners are doing. Pay careful attention to the hands they are playing, how they are betting, and the position they are playing hands from.
#5 – Play some single table satellites. Enter a few $5 or $10 Omaha 8 SNG's. This will give you experience in all aspects of the game. Deep stacked, short stacked, full table, shorthanded, and heads up.
#6 – Play some micro limit and see every flop. This will help you acquire experience playing post-flop and seeing the kinds of hands that typically win pots in Omaha 8.
#7 – Keep track of the mistakes you make. If you lose a big pot, keep a mental note of the action and when you go home, write it down and review what happened. Occasionally, go back and review the mistakes you've made. Doing this can help minimize future mistakes as you “learn your lesson.”