Newbie Hand II: how bad is my play here?

[KneeCo]

Another first night of Omaha H/L hand. I know I should have seen the 1/4 coming but by the time I did it was too late.
I guess I should have just called on the river? Is that right?
Comments on all streets are welcome.


Party Poker (10 handed)

Preflop: Hero is MP3 with A/images/graemlins/club.gif, 2/images/graemlins/heart.gif, 3/images/graemlins/diamond.gif, 7/images/graemlins/diamond.gif.
Seat 6 calls [$0.50].
Seat 7 folds.
Seat 8 calls [$0.50].
Seat 9 folds.
Seat 10 calls [$0.50].
Hero raises [$1].
Seat 2 folds.
Seat 3 folds.
Seat 4 calls [$0.75].
Seat 5 calls [$0.50].
Seat 6 calls [$0.50].
Seat 8 calls [$0.50].
Seat 10 calls [$0.50].


Flop: 6/images/graemlins/spade.gif, 8/images/graemlins/club.gif, 3/images/graemlins/club.gif <font color="#0000FF">(6 players)</font>
Seat 4 bets [$0.50].
Seat 5 calls [$0.50].
Seat 6 calls [$0.50].
Seat 8 calls [$0.50].
Seat 10calls [$0.50].
Hero raises [$1].
Seat 4 raises [$1].
Seat 5 calls [$1].
Seat 6 calls [$1].
Seat 8 folds.
Seat 10 calls [$1].
Hero raises [$1].
Seat 4 calls [$0.50].
Seat 5 calls [$0.50].
Seat 6 calls [$0.50].
Seat 10 calls [$0.50].


Turn: 7/images/graemlins/spade.gif <font color="#0000FF">(5 players)</font>
Seat 4 bets [$1].
Seat 5 calls [$1].
Seat 6 is all-In [$0.12]
Seat 10 calls [$1].
Hero raises [$2].
Seat 4 calls [$1].
Seat 5 calls [$1].
Seat 10 calls [$1].

River: 5/images/graemlins/spade.gif <font color="#0000FF">(5 players)</font>
Seat 4 bets [$1].
Seat 5 folds.
Seat 10calls [$1].
Hero raises [$2].
Seat 4 raises [$2].
Seat 10calls [$2].
Hero raises [$2].
Seat 4 calls [$1].
Seat 10 calls [$1].

Hero shows [ Ac, 2h, 3d, 7d ] two pairs, sevens and threes.
Hero shows 6,5,3,2,A for low.
Seat 4 shows [ Th, Ah, 2d, Qh ] high card ace.
Seat 4 shows 6,5,3,2,A for low.
Seat 6 shows [ Jc, 8h, 5c, Ad ] two pairs, eights and fives.
Seat 6 shows 7,6,5,3,A for low.

Seat 10 shows [ As, Td, 9h, 4c ] a straight, six to ten.
Seat 10 shows 6,5,4,3,A for low.
Seat 10 wins $9.64 from side pot #1 with a straight, six to ten.
Hero wins Lo ($4.81) from side pot #1 with 6,5,3,2,A.
Seat 4 wins Lo ($4.82) from side pot #1 with 6,5,3,2,A.

Seat 10 wins $8.18 from the main pot with a straight, six to ten.
Hero wins Lo ($4.08) from the main pot with 6,5,3,2,A.
Seat 4 wins Lo ($4.09) from the main pot with 6,5,3,2,A.

[GooperMC]

With 3 people still in the pot, with you last to act, I like the initial raise but I don't like the cap.

With 3 people in the pot if you are going to get 1/4ed you lose 1/4 of a BB for every BB you put in. If you get 1/2 you earn 1/2 of a BB for every BB you put in. So run some scenarios:
1) You call and get 1/2: Win 1/2
2) You call and get 1/4: Lose 1/4
3) You raise everyone calls and you get 1/2: Win 1
4) You raise everyone calls and you get 1/4: Lose 1/4
5) You raise someone 3 bets and you 1/2: Win 1 1/2
6) You raise someone 3 bets and you 1/4: Lose 3/4

Basically the math works out so that if you raise and you take 1/2 the pot 2 times as often as you take 1/4 you break even. Generally at the low limits I think that you take 1/2 of this pot around 1/2 the time so the raise will make you money.

However the 3 bets tells me that someone backed into the nut flush (or made a str8 and is a idiot) and the cold call tells me that someone else has the nut low as well. With this information I think you are going to 1/4 more then 2:1 so I flat call the 3 bet instead of raising.

Obviously the hands didn’t work out like I predicted (I just looked at the result) but I still think that with the action on the river calling the 3 bets is correct.

[dcasper70]

I like the aggressive line. You've got a good enough hand to pf raise with, get some early money in there.

Flop isn't perfect, but you've got the nut low and FIVE people in the pot in front of you. So you've got little chance at high, but you do have position, and look at all the chasers! Get more of their money in there while you can.

Turn puts a st8 and another fl draw out there, and there's still a bet &amp; 2 calls in front of you. Even if you're quartered, your raise is usually a break even bet. And while I'd doubt you're the only A2 out there, sometimes you are, and you still have an outside shot at filling your boat, so raising is overall +ev.

River, well now that there's only 3 of you left, and you look quartered, I'd just call, end the action and take your money.

Even though you were quartered, with 5/4/4 callers it still makes you money. Nice table! Just be careful when there's fewer players in the pot.

And make a note on seat 4. His betting/raising an unprotected low into a large field is not very bright. Smells like fish.

[GooperMC]

Also I don't raise on the flop. Its close but I don't think that you have enough odds to initiate fresh money into the pot. You do have great odds to call however.

[Beavis68]

Dont like the flop raise, all you have for the high is a crappy pair, and you lost your backup for the low.

The turn is debateable for me, but I would call. Good chance someone has a better high, and you could still get counterfietted and get nothing.

river, someone has a straight for sure. And you are probably getting quartered.

[GooperMC]

I misread the hand, I didn't realize that you flopped the low for some reason I though you only had the draw, sorry.

Since you flopped the low I like the way that you played the hand except for capping the river. With the nut low and that many callers 1/4ing will still be profitable so jam until there are less then 4 players in the pot and it looks like someone else has another A2.