Still learning this darn game.

My last 7 or 8 sessions, I have bene having streaks where I will sit down for 50 or so hands, and have the following stats (average):

Hands: 50
Won: 0 (0%)
Split: 0 (0%)
Lost: 50 (100%)

Give or take one split...PT says I play 26.42 of the hands I am dealt, which I think is fairly tight.

These sessions are costing me a small fortune, as the majority of the money lost is due to blinds, however, there are a seemingly ton of hands like this one:

Omaha Hi $0.25-$0.50 (real money), hand #1,665,698,707
Table Burlington, 3 Jan 2006 1:36 PM ET

Seat 1: K
Seat 2: S
Seat 3: e
Seat 4: Rocketwad0 [ 6D,JH,JD,10D ]
Seat 5: b
Seat 7: g
Seat 8: G
Seat 9: 1
Seat 10: p
ANTES/BLINDS
Rocketwad0 posts blind ($0.15), b posts blind ($0.25).

PRE-FLOP
g calls $0.25, G folds, 1 calls $0.25, p folds, K folds, S folds, e calls $0.25, Rocketwad0 calls $0.10, b checks.

These tables routinely have 5 or more players seeing the flop, without a raise 90% of the time (ten percent of the time someone will raise). I know I have terrible position, and only 3 cards working together, so I should have folded pre-flop, but I didn't (tilting slightly). Imagine I was in the BB and saw it for free...

FLOP [board cards 10H,3S,JC ]
Rocketwad0 bets $0.25, b calls $0.25, g calls $0.25, 1 folds, e folds.

Top set, rainbow flop. Bet out to protect against the straight? I am a firm believer of making them pay to beat me. Should I check/raise?

TURN [board cards 10H,3S,JC,5H ]
Rocketwad0 bets $0.50, back2black calls $0.50, gnat5353 calls $0.50.

Now there is a backdoor flush possible. Anyone with a straight draw and now a (farily high) flush draw isn't going to fold, so should I bet out, or check/call, or check/raise?

RIVER [board cards 10H,3S,JC,5H,9D ]
Rocketwad0 checks, b bets $0.50, g bets $1, Rocketwad0 folds, b calls $0.50.

Its clear to me that I am beat on the river (again), so I check/fold.

SHOWDOWN
g shows [ 5D,KD,QH,5C ]
b shows [ 6H,KH,KC,QS ]

So, here is a hand where I end up losing a buck making people pay to outdraw me, with fairly crappy hands. Should I have?

Omaha is a game of draws. People are in hands for what seems like just to suck out on you. Top 2 pair is beat usually in most hands and you need very premium hands to win big pots.
This hand in particular you were just unlucky but there is nothing you can do it is omaha at its finest.

Just for clarification, I didn't have top two pair, I had top set. I'm not saying I was unlucky, just unsure of whether I should have played it like I did.

yep. bet. bet. bet. you think check-raising would make them fold? do you think they would bet if you checked. you were up against exactly what you put your opponent on. you should be proud just for that.

the swing will change. don't doubt. just keep making the right plays. gl.

Thats what Omaha's all aboutim afraid-the draws, thats why id rather have a hand like 8-9-10-j double suited than AAKK rainbow.

Definitely dont bother check raising - youll just be reducing the money. At these levels, even if you induce a bet, they probably wouldnt even recognise it as a checkraise, and call you anyway with the draw.

To be honest, this is why I dont like limit Omaha - you just make it far too easy to let people draw - like you said, with a flush draw, they simply arent gonna lay it down for another 50cents. play a little pot-limit and make them pay...

You played it well - cant complain with top set - you tried to make them pay, and when the draw came off you laid it down coz you knew you were beat, well played i say.

have you considered pot-limit?

that might eliminate some of the outdrawing.

Working on the fundamentals first before moving to pot limit (i've dabbled a bit here and there).

My questions for these posts aren't supposed to be whining about getting outdrawn, as we are supposed to from time to time. My questions are more along the line of did I do everything I was supposed to, in order to maximize my potential profit for the hand?

Lets look at it a different way, for my own sake (and hopefully others):

I have top set at the turn. It looks like I will lose the pot to any heart (10 hearts available), and the following are scary (not hearts)- any 7(3), 8(3), 9(3), Q(3), K(3), A(3). Looks like there are 25 cards that can potentially kill my hand. 28 out of 44 is 64%. 64% of the time I could lose this pot, but am almost guaranteed to win it for the remainder. Does that make sense?

Please tell me if I am doing this wrong - If my math above is right, 36% of the time, I will win the $3.50 that is already in the pot (profit of $2.50), but 64% of the time I will lose $1.00. 0.36*$2.50 = 0.9. 0.64*1 = 0.64. Therefore, I should be putting in as much money in the pot as possible on the flop and turn, as I will end up ahead more times than not. Plus, I won't necessarily lose to certain cards that can come up on the river (a 7 for example), but I included them as a worst case scenario. I may also win some money on the river, which has not been included in my calculations.

So, am I correct in that I (now) should not be upset?