This is a post about Pot Limit Omaha strategy. This game is known to have even more variance than NLHE. This means that you can lose or win a lot of money very fast. Winning money is possible, and one of the keys is to understand each one of your opponents.
What are the things to look for in the other players at the table? Here is a list of the things I consider when I play PLO:
Consistency of betting amounts. How does he vary his bet size? If this player usually pot bets, but sometimes he bets less at the flop such as 60 or 80% of the pot, make sure to take a note if there is a showdown. Does he bet less with monsters, or does he bet less with his draws?
Pre flop raising requirements. At one extreme there are the players who never raise. Rare but highly valuable if you find one, as they let you limp with a wide range of hole cards. Another fish type is the player who only raises with KK or AA, as they do not raise more valuable hands preflop such as KQT9 double suited.
Limping in multi way pots. With what hands does he enter such pot before the flop? You should love to spot players who limp with weak hands such as middle pair only or middle suited cards. Very often he will put all of his chips in the middle with bottom set or a queen high flush.
Flop betting range. Does he play his strong draws aggressively or does he prefer to get a free card? Does he bet with top pair, two pairs, or does he need at least middle set to open bet at the flop? Some aggressive players always play fast as a continuation bet if they raised before the flop. Some of them are Texas Hold ‘em players who have not yet adapted their c-betting frequency, make sure to keep a note of that.
The nuts factor. How close does he have to be to the nuts to put his whole stack in the middle? As before make sure to look at the showdowns to keep track of how prudent or imprudent he is. Rock types only shove with the near-nuts, while other looser players do not hesitate to do it with the third or even fourth nut flush or with top straight when there is a pair on the board.
If you can pay attention to all above factors, you have a nice summary of each PLO player at your table. You need to do that to beat them and take their money.