How does Omaha Hi Lo work and what are the key rules and strategies to keep in mind while playing?

Omaha Hi-Lo is a Poker variant where players aim to make the best high hand and/or the best low hand. Each player is dealt four hole cards and must use two of them, along with three community cards, to make their best hand. The pot is split between the best high hand and the best low hand, if there is one.

Key rules to remember:

1. You must use exactly two hole cards and three community cards to make your hand.
2. To qualify for the low hand, you must have five unpaired cards ranked 8 or lower.
3. The best low hand is 5-4-3-2-A, also known as the "wheel."

Key strategies:

1. Focus on starting hands that can potentially make both a strong high and low hand.
2. Pay attention to the community cards to assess your chances of making a winning hand.
3. Be cautious when going for the low hand, as you may end up splitting the pot with another player.
4. Keep track of your opponents' tendencies and adjust your strategy accordingly.

Overall, Omaha Hi-Lo requires a good understanding of hand rankings and the ability to play both for the high and low hands simultaneously.