A strong draw is not the same as the nuts.
Constructed teaching hand. PLO decisions are especially sensitive to redraws and exact card interaction.
1. Freeze the state
Heads-up to the flop in PLO. Pot before action: $100. Hero holds A♠Q♠J♥10♥ on K♠9♠2♦. Hero has the nut-flush draw plus broad straight possibilities, but no made hand.
2. Construction matters
Omaha always uses exactly two hole cards and exactly three board cards. Hero cannot count every attractive turn card as an independent out because multiple draws overlap and some completed straights face redraws.
3. Pot-limit sizing matters
If an opponent bets $100 into the $100 pot, Hero must account for the $100 call before calculating the maximum raise. The pot after the call would be $300, permitting a $300 raise in addition to the call—a total action of $400.
4. Blockers and range
The A♠ blocks opponents from holding the nut-flush draw, changing the composition of strong continuing ranges. Sets, two-pair combinations and powerful wrap-plus-flush-draw holdings can still have substantial equity.
Decision note
Do not reduce the hand to “nut draw = stack off.” A robust review needs opponent range, stack depth, exact bet size, redraws and the equity of the full four-card holding.
Result — revealed last
Suppose Hero pots, Villain folds, and no cards are shown. The fold outcome says nothing by itself about whether potting outperformed calling against Villain’s complete range.