Two months ago, PokerNews wrote a decent article on the strategy. Michael Weisenberg also wrote a pretty good article for Card Player last year. But the undisputed bible of the game is Daniel Negreanu's chapter in Super/System 2.
I played the game with play money for a while, learning the rules as I went (five card draw, three drawing rounds, worst poker hand wins, straights and flushes count against you, so the best hand is 75432). I liked it, so I searched and found the two online articles I mentioned above. I played it some more and started stomping the play money tables.
I'm too much of a cheapass to actually go buy a poker book (the only ones I own are copies of magazines I bought at the airport), so I went to Barnes & Noble, sat down with Super/System 2, and made notes in my Blackberry. As my contribution to the body of knowledge online, here's my notes:
If you don't have a 2 in your hand, fold, unless you're defending the big blind or stealing from the button. Even then, you're probably not playing too wrong to fold it.
With these starting hands, do the following:
|234||Raise or Reraise||235||Raise or Reraise||236||Playable, fold if lots of action||237||Raise or Reraise||238||Fold in early pos, raise in late||23xxx||Only to steal||245||Raise or Reraise||246||Playable, fold if lots of action||247||Raise or Reraise||248||Fold in early pos, raise in late||24xxx||Only to steal||256||Playable, fold if lots of action||257||Raise or Reraise||258||Fold in early pos, raise in late||25xxx||Only to steal||267||Playable, fold if lots of action||26xxx||Fold - the straight possibilities will kill you||27xxx||Only to steal||347||Only to steal or def. blinds||348||Only to steal or def. blinds||357||Only to steal or def. blinds||358||Only to steal or def. blinds||367||Only to steal or def. blinds||457||Only to steal or def. blinds|
If you find yourself thinking "This 9-high hand is probably good," it probably isn't.
If you are holding onto an 8 and betting to draw two cards, fold instead.
If you are holding onto an 8, betting to draw one card, and are afraid you'll hit a straight, fold instead.
That's abuot it. Using this strategy at three (non simultaneous) 50¢/$1 tables this morning, I ended up +$9.10, -$20.00, and +$9.35. The -$20 was me playing too many eights and nines. A bit more practice, and I'm gonna do well at this game.