Seven Card Stud is the oldest and most traditional form of poker and is normally played as a Fixed Limit game. This game is very different from Hold’em and Omaha as each player is individually dealt 7 cards (3 face down & 4 face up), the basic structure of the game is as follows:
1. All players put in an ante.
2. Starting to the dealers left each player receives three cards, two cards down (called hole or pocket cards) and one card face-up.
3. Everyone looks at their hole cards.
4. The player with the lowest card showing face-up has to put in a small bet called a bring in. Then betting continues to that low-card player's left. Each player can call, raise, or fold their cards.
5. After the betting is completed, another card is dealt to each player face-up. This card is also known as fourth street.
6. Another round of betting occurs, starting now with the player with the highest cards showing. From fourth street on, the player with the highest cards showing will continue to be the first to bet.
7. After betting is complete, the fifth card, fifth street is dealt face-up. More betting occurs, then the sixth card, sixth street is dealt face up. More betting.
8. The 7th and final card, seventh street is dealt face-down to the players remaining in the hand. A final round of betting occurs.
9. The players show their hands at the showdown. The player who can make the best five-card hand from the seven they were dealt, wins.