Every LO8 resource I have read says that you should fold the nut low in certain circumstances when you are very likely to be quartered (or counterfeited) and have no chance at high, but I never have had an occasion when I felt it was appropriate.

VERY APPROPRIATE: Flop 345, 245 etc and you have a wheel. You bet it and there is a raise, reraise and a cap back to you. Easy fold.

Wheel is easy fold here with you and three other players players? I will fold nut low sometimes, but in my room this is an easy call.

isn't it more likely to be -EV 3 handed then 4 handed?

raise,re-raise,cap--so thats 3 players and hero=4handed,
raise,re-raise--2 players and hero =3handed

Haha I would never fold a nut low in my room let alone a wheel.

Pot has to be small.

No, I like to out in 4 bets on the turn. (see uncounterfeitable)

But seriously, this situation has never come up for me before where I thought it was correct to fold. I haven't played a lot of hands of LO8 though.

BTW when I say nut low I'm talking about actually using both of your cards, not something like A3 on a 2345 board.

Right said pred

I think this guy Predator might know what he's talking about.

its fairly uncommon to fold the wheel

but folding A2 on many low boards such as 864 with flush draw for example is not unusually, especially when you could be playing for half and have counterfeit risk

there are many similar situations

+1
for sure 1 of the best o8 players in the world.

+1 straight or (and) flush on the flop,u have nut low with no protection+heavy action = easy fold

ps:niss what happened to your avatar?u look like Buzz now

My problem with that is, how do you know your opponents aren't just sharing the same straight? You could be the one doing the quartering.

Sometimes it's possible to eliminate that possibility just by looking at the perceived ranges of the players in the hand. If one of them is really tight preflop, and 98 makes a nut straight, the tight player probably doesn't have the nuts for high. Which makes him more likely to have the nut low.

You would think that....

Once I somehow rivered the nut high with A985 (not sure how I was playing that here -- let's say I posted in position) to make a backdoor straight -- say, 47Q-T-6. A competent, aggressive, but somewhat loose player led the river. He would often lead here with a set, a nut low plus pair, etc. An unknown called. Obviously, I raised. Aggressive player 3bet. Unknown called. I tanked.

I reasoned that the aggressive player, perceiving me as also aggressive, would probably 3bet something like A266 or A35x here. Most likely he and the caller would be splitting low. If I were unlucky, someone else would have 98 and I would win a quarter. 4 bets would be a cap, so only one more bet could go in. Getting quartered in a three-way pot would cost a quarter bet, whereas I stood to win half a bet. Getting 2:1 on that last bet, I only had to win half 1/3 of the time to make it profitable. So I went ahead and capped.

The aggressive player showed some junky 98 hand. The caller showed A398 for two-thirds.

(I just enjoy sharing the story, but don't generalize from it. 98 is going to get quartered a lot less than A2 or A3, of course.)