Five
Card Stud
Five
Card Stud is played very similar to Seven Card
Stud. The obvious difference is that each player
receives; you guessed it, 5 cards. The first is
dealt face down with the four following cards
dealt face up
An
‘ante’ (a nominal amount) must be
posted before a game of Five Card Stud starts.
The ante seeds the pot and ‘buys’
each player a hand. Each player receives one ‘hole
cards’ face down and one card face up. The
player with the lowest exposed card must ‘bring-in’
(a forced bet) either half a small bet or a full
small bet ($5 or $10 in a $10/$20 game) to initiate
the betting. In the event of a tie of card rank
for the bring-in, the cards suits are used in
descending order - spades, hearts, diamonds, clubs.
Action continues clockwise around the table.
After
betting is complete, the ‘Third Street’
is dealt face up to each player. The player with
the highest ranked hand showing initiates the
action and can either ‘check’ or ‘bet’.
The bet amount for this round and all subsequent
rounds is of the small bet amount ($10 in a $10/$20
game).
The
‘Fourth Street’ is the next exposed
card each player is dealt. Again, the first player
to act is the one whose exposed cards have the
highest rank. The bet amount for this round and
the following round is of the big bet amount ($20
in a $10/$20 game).
The
fifth and final card is dealt to each player face
up. The player with the highest hand exposed (4
cards are showing for each active player) initiates
the betting for this 4th and final round.
Assuming
that more than one player remains active in the
hand after the completion of the last betting
round, the ‘showdown’ now takes place
to declare the winner. The last bet or raise of
the last betting round must show their hand first.
If there was not bet, the player who has the highest
ranked exposed hand shows first.
In
the event of identically ranked hands, the pot
will be divided equally.
Now
that the pot has been awarded, the hand is complete
and a new hand is ready to begin.
Noteworthy:
The betting action of the first two rounds is
set at the lower limit of the table structure.
The exception of this rule is when a player shows
a pair after the 3rd street. All players have
the option to bet the higher limit for the second
round of betting. If a player does bet the higher
limit, subsequent bets must also be at the higher
limit. The last two rounds of betting are at the
higher limit.
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