Five Card Stud is similar to Five Card Draw, the difference being that you do not ever get a chance to replace cards in your hand and therefore do not get a chance to improve that hand. As in Seven Card Stud you get a hole card and 4 open cards for all to see. Most versions play the final card as a community card. Since there is no chance to improve your hand, the winning hands tend to be either pairs or high cards and it is hard to string people along to the final street. Some variations on Five Card Stud alleviate this by making the last card a pocket card allowing for some raises.
The Open
The hand starts with the dealer handing each player 2 cards. First cards dealt are a hole card and then the dealer follows up with an open card for each player. Wagering then begins, usually with the high open card going first and then following clockwise. This continues until betting is over. These are the first two Streets.
Third Street
The dealer then hands out a third card, which is another open card. This is followed by another round of betting. Betting begins again with the highest open card opening and continues until there are no more bets made. Then it...
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