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Is LO8 the lowest form of Variance Poker? Is LO8 the lowest form of Variance Poker?

06-02-2023 , 09:02 PM
Began playing in 2019 and havent stopped. In that time ive played live + online 1/2 and tourneys+ mixed games. As any starter player knows not going bust and having a good Bankroll Management is important. As I reload my small bankroll of $2000 for the 10th time in the last 3 years. I began to think what style of poker will limit the swings the most. I spent the better part of today learning that LO8 lowers the variance and swings.

Can someone confirm that LO8 (Limit Omaha Hi/Lo) is the most ideal game for limiting variance and trying to keep swings to a minimum?

The thinking is bet sized is cap cause of the "Limit Aspect". Reduces losing all your chips at once

Hi/Lo allows you half the pot if you have "high nuts" plus some free rolls from time to time with lows, flush draws etc.

Thanks for reading hope i was clear. Just want to maximize my bankroll this time. My avg buy in is $200 at all limits.
Is LO8 the lowest form of Variance Poker? Quote
06-04-2023 , 03:14 PM
I think it's best to focus on actually having an edge. No matter what game, what bankroll, you will lose it all if your winrate is even slightly negative.
Is LO8 the lowest form of Variance Poker? Quote
06-23-2023 , 01:46 PM
Yes, but the game should be full-ring (7+ players). 6 might still be okay. I haven't played 6-max much.

Variance is goes way up when you go down to 5 players.

I'm playing a couple hours of 10/20 LO8 Half Kill every week.

Feel free to DM me strategy questions and hand histories. I'm trying to learn this game well.
GL!
Is LO8 the lowest form of Variance Poker? Quote
06-26-2023 , 07:50 AM
If played well it is low variance compared to other limit games (hold em, stud, etc.). Generally you play tight and when you are in hands you have the nut low made (often with a free roll to scoop) or huge draw to nuts on both sides. So many times you don’t get shut out though sometimes you get quartered. Of course you can miss flops and miss draws. Things that make variance go up are wild aggressive preflop games (because many hands run close) and kills. But both of these keep bad players going (often there are few good players so bad layers push money back and forth to each other which keeps them going awhile).
Is LO8 the lowest form of Variance Poker? Quote
06-26-2023 , 07:19 PM
I think PL Big O might actually be lower variance if played with sufficient nittiness against passive opposition.
Is LO8 the lowest form of Variance Poker? Quote
06-26-2023 , 08:58 PM
Agree for sure though in the long run pot limit big o games tend not to last (though they can be good for periods of time and are mainstays at tournaments like WSOP). But in general bad players almost never win against good opposition (they win way less than they would in no limit hold em even) so these games tend to not last unfortunately).
Is LO8 the lowest form of Variance Poker? Quote
06-30-2023 , 12:29 PM
Quote:
Originally Posted by lilddp
Began playing in 2019 and havent stopped. In that time ive played live + online 1/2 and tourneys+ mixed games. As any starter player knows not going bust and having a good Bankroll Management is important. As I reload my small bankroll of $2000 for the 10th time in the last 3 years. I began to think what style of poker will limit the swings the most. I spent the better part of today learning that LO8 lowers the variance and swings.

Can someone confirm that LO8 (Limit Omaha Hi/Lo) is the most ideal game for limiting variance and trying to keep swings to a minimum?
If you are the tightest player at the table, then yes, your variance will be low. Of course, this is assuming you are playing low stakes games (and with a bankroll of $2000, that's what you'll be playing.)

Game selection is important, but at the lower stakes, people like to see all kinds of hands and generally find reasons to continue. People will call with small flush draws, flush and straight draws on paired boards (when it's not appropriate), draw to half the pot that they don't even have a legitimate claim to, etc. If you find this game, you'll do quite well assuming you are the tightest player at the table and only play the nuts/nut draws. And as a result, your variance will be small because you will not often lose large pots, but you'll pick up nice pots because everyone will be drawing to all kinds of strange hands.

Quote:
Originally Posted by lilddp
The thinking is bet sized is cap cause of the "Limit Aspect". Reduces losing all your chips at once

Hi/Lo allows you half the pot if you have "high nuts" plus some free rolls from time to time with lows, flush draws etc.
Here, let me say a couple things. Fixed Limit is often a trap for some NL and PLO players because they believe that they will not lose money as quickly. "It's only cold calling two large bets to see the river with this hand," for instance when they're already drawing dead to half the pot and not a favorite for the other half.

You won't lose them all at once, but you're not the only person who knows that. Everyone knows that. So better players will simply think in units. "Can I gain an extra half of full unit by raising the nut low, or calling and letting a few opponents in?" for instance.

Also, it helps more to look at the opposite of what you said in the last sentence I quoted. You should say, "Hi/Lo allows you half the pot if you have low nuts plus some free rolls from time to time with straights, flush draws, etc."

Once the low is out, with only a few exceptions (think very large pot and you have the nut flush draw, and it's only one bet to call type situations), you will not be correct to call with most high hands. Also, high hands are very difficult to play since most people will play low hands. This means that when you get action on a high hand, you are very often against only people with other high hands which will often make your hand vulnerable. But if you are giving action with a high hand on a low board, you'll often find yourself scooped and/or jammed in by the low hands. It will not cost you must to throw away most quality high hands (like KQJT or KKQQ), in fact, until you gain experience playing them because just a couple that go sour can ruin an otherwise profitable session.
Is LO8 the lowest form of Variance Poker? Quote

      
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