Seven-card stud is a classic version of poker still enjoying popularity, played with a table of 2 to 8 players.
Every player remaining in the hand is dealt two face-down cards, four cards exposed, and a seventh card down. If played 8-handed and players remain in the hand such that there are insufficient cards remaining to deal each player a seventh card, then a single seventh card is dealt face up as a shared community card. As in Texas Hold’em, cards are known as “streets”. The first card dealt exposed is “third street”, the final card is “seventh street”, and so on.
The betting is usually fixed-limit, meaning players may only bet a set amount. The fixed limit includes both a small bet and a big bet; for example, in $2/$4 a small bet of $2 and a big bet of $4. The hand starts with each player putting an ante into the pot that is some percentage of the small bet – assume 20% or $0.40 in the above example. The first round of betting occurs after third street. The lowest card exposed is required to make a forced opening bet known as the “bring in”. In the example above, the bring in would be $0.80. That player has the option to complete the small bet, betting a full $2 rather than 80 cents. Play continues around the table with each player having the option of folding, calling the bet, or raising. After the first small bet is reached, players raise in increments of the small bet. Betting is capped at four bets per round. On fifth and subsequent streets, the big bet becomes the betting increment.
On fourth street and beyond, betting is opened by the player showing the strongest exposed cards; he may either check or bet. “Strongest” means the best cards in terms of pairs and high cards. If two players reach sixth street and one has a pair of twos exposed while the other shows the 6, 7, 8, 9 all suited, the deuces would open even though the other hand is a better drawing hand. If the final bet is called on seventh street or the round is checked down, then the cards are revealed to determine the best 5-card hand.
Strategy contrasts from Texas Hold’em, where the only cards exposed during betting are community cards. In stud, if a player’s board shows a pair of aces, he cannot disguise that hand strength by slow playing. If his board shows 4 cards to a straight or flush, he will ultimately have three hole cards, any one of which could possibly complete his hand. Any 7-card hand could conceivably hold a full house or even quads, though no pairs are visible.
It is vital to see what cards have been revealed on every player’s board. Folded hands are discarded into the muck, so you need to remember what cards are dead. As players receive their cards, consider which are likely to improve the displayed hand when deciding your bet.
Novice players tend to call too many bets, “chasing” in hands where they are behind. An adage to remember is that it is better to fold a bad hand early rather than late.