Question about counterfeiting

[meep]

I'm just learning the game and am having extreme difficulty understanding why I didn't win the low pot here. I understand the concept of counterfeiting, but I have read and reread the rules on different sources and nowhere is it clear. The gist I get is that any two cards in your hand can complete the three matched up at the table.

Since there was no low hand ranked here, I have to assume that both my 2 & 4 were counterfeited when they fell on the board.

Can anybody clarify this rule for me??

OMAHA_HI_LO, POT_LIMIT, T4-51690087-45 played at "Tampico" for USD TC from 2007-10-12 19:16 until 2007-10-12 19:18 Seat 1: earthwizard ($5,766 in chips) Seat 2: hade xx ($2,904 in chips) Seat 3: Mr. Pike ($11,634 in chips) Seat 4: batonchik x ($975 in chips) Seat 5: gtdaveab ($5,307 in chips) Seat 6: bruzbrother ($11,752 in chips) Seat 7: meep meep ($4,618 in chips) Seat 8: flydevill ($9,276 in chips) Seat 9: Snookerist ($21,551 in chips) Seat 10: PamelitaRC ($1,859 in chips) ANTES/BLINDS
Mr. Pike posts blind ($100), batonchik x posts blind ($200).

PRE-FLOP
gtdaveab folds, bruzbrother calls $200, meep meep calls $200, flydevill calls $200, Snookerist calls $200, PamelitaRC folds, earthwizard folds, hade xx folds, Mr. Pike calls $100, batonchik x checks.

FLOP [board cards: 7S,4H,JH ]
Mr. Pike checks, batonchik x checks, bruzbrother checks, meep meep checks, flydevill checks, Snookerist bets $400, Mr. Pike folds, batonchik x folds, bruzbrother folds, meep meep calls $400, flydevill folds.

TURN [board cards: 7S,4H,JH,2H ]
meep meep checks, Snookerist checks.

RIVER [board cards: 7S,4H,JH,2H,8S ]
meep meep checks, Snookerist bets $1,000, meep meep calls $1,000.

SHOWDOWN
Snookerist shows [ 5C,KH,5H,3C ]
meep meep mucks cards [2S,4S,TC,AC ]
Snookerist wins high $4,000. SUMMARY
Dealer: hade xx
Pot: $4,000
earthwizard, loses $0
hade xx, loses $0
Mr. Pike, loses $200
batonchik x, loses $200
gtdaveab, loses $0
bruzbrother, loses $200
meep meep, loses $1,600
flydevill, loses $200
Snookerist, bets $1,600, collects $4,000, net $2,400
PamelitaRC, loses $0

[T. Chance]

Both your 2 and 4 are conterfeited, but you still have a low.
Your low is 8-7-4-2-A (you make that low using the 8 and 7 on board, the ace in your hand, and either the 4 on the board and your hole 2, or the opposite).
Your opponent has 7-5-4-3-2 (5 and 3 in his hand 2, 4 and 7 on the board), which beats you since 7 is lower than 8.

[meep]

Ah, what confused me was that no low hand was ranked. It said that snookerist won the pot with a high. Now that you point out he had a lower hand, it seems blatantly obvious.

At least I don't have to try to understand the counterfeiting problem anymore.

Thanks T. Chance.

[TheCount212]

Except at my B & M, where the dealer would unthinkingly yell "Nut low!" upon seeing your A2 and award you half the pot.