Omaha Hi-Lo Poker Rules

Omaha Hi/Lo is a mixture of Omaha and 7-Card Stud H/L.  The betting and blinds are same as Omaha.  If you're unfamiliar with Omaha, click here for a quick lesson.  At the showdown, the pot is split between the holder of the highest hand, and the holder of the lowest hand (if there is a low hand).
    To qualify for a low hand, you must have 5 distinct cards (no pairs), with no card higher than an 8. Remember this is just like regular Omaha, you have to play 2 cards in your hand.  The 2 cards in your hand and 3 on the board, must be 8 or lower.
    The best 5-card low hand is A-2-3-4-5. The hand is ranked starting with the highest low card. 7-4-3-2-1 would be considered a 7-low, and would lose to 6-4-3-2-1, a 6-low. If 2 players each have low hands with the same highest card, the next highest card determines the winner. 7-5-4-3-2 loses to 7-4-3-2-1. If there is no low hand, the high hand wins the entire pot.
    How the cards are dealt, the posting of the blinds and the betting is exactly the same as regular Omaha.  The only difference between Omaha hi and Omaha H/L, is that you can potentially have a high hand and a low hand.
    Each player forms a 5-card high hand by using only 2 (and only 2) of his hole cards together with 3 (and only 3) of the community cards.  Players can form a 5-card low hand by using only 2 (and only 2) of his hole cards together with only 3 (and only 3) of the community cards.  Both the high hand and the low hand can use the same cards.