Today we're playing Pot Limit Omaha. You may recall the Omaha Hi-Lo game. Same thing here, but there's no "Lo"; hi hand gets everything. Also, betting is pot limit, so players can bet the amount in the pot. For example, if there's 100 in the pot, player 1 can bet up to 100. If player 1 bets 100, player 2 can fold, call 100 or raise. The limit of the raise is 300, computed as the original 100 plus the 100 bet plus the 100 call player 2 must make before raising. So player 2 can make a 300 raise to 400 total. If player 1 re-raises, the math can get complicated and the bets similar to no limit.
This game has 3 chances. We start with 1500 in chips, but can call for 1500 more twice.
We fold the first few hands and then in seat 5 raise to 100 with 4556. Everyone folds but the SB. Flop comes 25A with 2 spades. Great flop for us, but the spade flush draw is a problem. Highly doubt he has AA as he did not re-raise pre-flop. SB checks and we bet 150 on our set of 5s. He raises to 500. Does he have 34? We push all in and he calls with an A high flush draw. We are 70% favorite. Turn comes Js giving him the flush. We need the board to pair, giving us a full house on the river. It doesn't, and we are down our first time. Hmmm, annoying beat.
We limp from seat 5 with 9TKA and see the flop with the blinds. 37J with 2 spades. They check and we bet 50 into the 75 pot to try to steal. They both call. No luck there. 3h falls putting 2 hearts on the board. They check. Doubt we can push them out right now. We check. River comes Js. They check. Now my original post flop bet becomes important. If I were betting because I had top pair, I now have 3 Js; if I were betting the spade flush draw, I just hit it. Although I was betting neither, we bet 200 and they fold.
We win another small pot with TTQQ and fold a couple immediately after seeing bad flops. We finish Round 1 with one extra life chip and 1625 in live chips.
Hopefully more fun stuff in an hour that finds us still with an extra life chip. Side note, as the blinds go up, the extra life chips lose value. There's little point to restarting with 1500 in chips when blinds are 300 600.
Eric Kurtzman
Kurtzman Carson Consultants
2335 Alaska Ave
El Segundo, CA 90245
voice (310) 751-1500
fax (310) 751-1550
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