5 Card Omaha is a popular variant of Omaha poker where each player is dealt five private cards ('hole cards') and must use exactly two of them in combination with exactly three of the five community cards to make the best possible five-card High and Low hand.
The game is usually played with a standard 52-card deck. The dealer button rotates clockwise after each hand. The two players to the left of the dealer post the small blind and big blind, respectively, to initiate the betting.
Each player is dealt five private cards face down. This is followed by a round of betting. After the initial betting round, three community cards (the 'flop') are dealt face up in the center of the table, followed by another round of betting.
The game proceeds with the dealing of two more community cards:
After the final round of betting, if there are two or more players remaining, there is a showdown. Players reveal their hands, and the best five-card hand (using exactly two hole cards and three community cards) wins the pot.
The hand rankings in 5 Card Omaha are the same as in Texas Hold'em and Omaha Hi:
5 Card Omaha requires a solid understanding of hand values and probabilities, as the extra card compared to 4 Card Omaha increases the number of possible hand combinations. Key strategies include: