Hmmm, his ult is only useful when you have full health and go 1 vs. 1. I say this because you get bursted TO DEATH immediatly when you flip R.
But coming back into lane, flipping ghost and R, axe, e, w, AA, you can get thier health don nicely. Like a super poke, but only if you build pure life steal and Ad early. If you tank, you don't do damage, still get bursted into hell when ulting, have no waveclear, and no lifesteal sustain. Tanklof SUCKS every game I play him. Tanklof cannot push towers fast enough to properly split push, cannot turn tides of team fights, or even do meaningful damage, or have any life steal sustain from w. Tanklof is just food for the enemy. It is also annoying that everyone tells me to Tank as Olaf, when as an experienced Olaf player, I know Tanklof brings nothing useful to the table.
Only Life steal Olaf seems to work, for me anyways, but you cannot die even a few times, or Olaf becomes useless anyways.
I rush ravenous, than bloodthirster, BoRK, than either youmuus or 1 tank item for better health. I find this build to be the most effective. It is essentially a bruiser build. I do this to resonate with his kit, and acually have decent sustain with w.
Ironically, I'm reluctant to give up Olaf as I like his play style and choice of tange and all in abilities. It takes skill to play Olaf.
He really does deserve a buff. A defensive buff, not a q buff. Q is good if you know how to land it properly. The only problem I see with Olaf is getting bursted like nothing during ulti. You CANNOT escape from ulting