Omaha understanding the implementation of re draws
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A FULL HOUSE
One of the biggest factors in Omaha is the inclusion of what are called re draws. A re draw means that you essentially have another shot at making your hand. Maybe you are all in on the flop with a middle two pair type hand, but you also have four to a flush or straight, this would be an example of a re draw. Re draws are one aspect of a hand in Omaha that will make its showdown value diminish, but overall profitability increase. If that last line flew over your head I will explain it to you. Showdown value in a hand is the value that a hand would have if it were to go to the river right now just as it is. In the example above our two pair hand would only be worth two pair at showdown. The profitability in a hand is increased with re draws, however, because it couples both the showdown value that it already has with the value that it could potentially have. Re draws are not made hands that will usually be ahead once the money goes in the middle, but they are a great back up plan. You should not be playing a hand of Omaha with the intention of getting your stack all in simply because you are on a redraw, in fact this would be a terrible strategy. The re draw is more or less just “there.”
A common misconception about re draws
A common misconception about re draws is that they are why Omaha is so high variance, or that they represent all those times where you will be all in on a draw with no other hope. No, this is not at all what the re draw is. The situations that were referenced would be indicative of a time where you are all in on a strong draw that represents your only realistic chance at winning. In other words you might be all in with something like an open ended straight flush draw. You would be pretty lucky if you are all in with a re draw that makes a straight flush possible. The fact is that re draws will often give you the opportunity to land a better hand, but not one that is necessarily going to crush your opponent. There will be many times where your re draw will be drawing dead to the hand your opponent is all in with, but you will still be ahead when the money goes in. If you are all in with two pair and a weak flush draw you will be way ahead of a player who is simply all in with a flush draw, but you will be done if the flush hits and you miss a full house. This is the reason why re draws are not a source of pure profitability in and of themselves, they are more like an accidental opportunity. The next time you are all in and are considering the value of your re draw make sure that you understand that your draw might not be drawing to a win at all.
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