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After doing a ton of analysis, I'm prepared to claim that whoever it was that said position in PLO is less important than in NLH was right after all. The main problem most people have with playing OOP is not knowing which hands to play or how to play them.
Would you play 50,000 hands against an opponent of equal skill where your opponent got the button every single hand?
stupid question. of course i wouldn't.
would you play 50,000 hands of PLO and 50,000 hands of NL against an opponent of equal skill in each, where you had the button in NL and he had it in PLO? If so, how much (in terms of BB) would you pay for this opportunity? If not, how much would you need to be paid?
I can't really say wrt heads-up play, since I think it has special properties and I haven't done the analysis. However, if I could play a 6-handed match in which we would play hold'em while I was on the button, in the cutoff, or cutoff+1, and play Omaha while I was utg or in the blinds, I would pay at least 1bb/100 for the opportunity and perhaps more.