Omaha fool's gold

I seriously considered titling this post "I hate Omaha". Last night, I got bitten by the Omaha fool's gold bug again. That's the situation where a good hold'em player mistakenly and severely overvalues what would have been a premium hand in hold'em, but is only a mediocre Omaha holding. On my final hand of the night, I started with $1,815 in chips and ended up with none. What got me all excited was that I hit a set on the flop. I lost to a straight, as I deserved to do. I'm going to try never to play an Omaha hand again in 8-game; we'll see how I do :-)

buy_in entry_fee num_players num_hands place winnings

  9000      1000           6        30     6        0
  4500       500           6        33    55        0
  9000      1000           6        59     5        0

delta: $-25,000
Sit and go 8-game balance: $331,810
balance: $9,548,390