Re: FL 1-2 Nut low, no high draw
If there is a lot of action, you'd usually break-even 4 handed. On rare occasions, you'd get 1/3 of the low for a slight lost. I've been playing O8b since 2000 & can count on my fingers the number of times I've gotten in this situation. I only worry about it in limit-O8b when it's three-handed with a maniac who pumps nut low hands.
Usually you'll make money 5+ players.
You do have re-draws in your hand to increase expectation. You can catch [5] for the str8 & [A] or [2] to counterfit the other player's lows. So you have +EV
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