Re: Betting Structure Theory
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The main reason I think PLO/8 isn't played much in B&M casinos is that it's the very definition of slow. You're not gonna see much more than 15 hands/hour here...
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That's definitely part of it, although not the only reason. Steve Badger gives another explanation on his website, "One reason PLO8 isn't played much in casinos is because skill wins. Bad play and bad players are annihilated, and fast too. PLO8 games peopled only with good players are hideously bad. The game becomes pointless and tedious. It comes down to exploiting extremely rare flukes (like top full house loosing to quads)." I think that also helps explain why Omaha/8 is only played using a limit structure at the WSOP. PLO/8 games seem to only be able to survive on the internet where there is a near unlimited supply of dead money to fuel the games.
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