Increasing the amount wagered by the opening forced bet up to a full bet does not count as a raise, but merely as a completion of the bet. If there is more than one remaining player when the final betting round is complete, the last bettor or raiser shows his or her cards first. If there was no bet. The player with the forced bet has the option of opening for a full bet. BALANCE SHEET RECESSION INVESTOPEDIA FOREX

In a loose game, where lots of players give action with a wide variety of hands, slow-playing is almost always incorrect. A good time to slow-play the hand is when you do not want to give your hand away. For example, a king raises and then an ace re-raises. If you then re-raise with something like rolled-up deuces you announce to the table what your holding is.

In this case it is better to just smooth-call and reveal your true strength in later betting rounds. An exception would be if you have been making many advertising plays or have frequently re-raised with hands like three-flushes. In these cases, your hand can be played fast from third street onward.

When slow-playing your trips, it is usually best to wait until fifth or sixth street before putting in your first raise. Such a decision should be based on what your opponents' likely holdings are, how many players are in the pot and how big the pot is.

These hands should almost always be played. The only times to fold them are when you are fairly certain that you are up against a bigger pair, or when your cards are dead both of the other cards are already out. A pair of jacks can also be folded when you have a bad kicker to your pair and there are many big cards left to act behind you. Another occasion when it is correct to muck your big pair is when the pot has been raised and re-raised by players with bigger up cards than your pair.

For example, you hold a pair of jacks and a king raises only to be re-raised by an ace before it is your turn to act. Before folding your big pairs, always consider the action and the opponents giving the action. If one of your opponents pairs their door card, and you don't have a four-flush or a four-straight, it is usually correct to fold your big pair.

Playing Small and Medium Pairs When deciding whether or not to play the medium pairs, always consider the following factors the first two are the most important : If you are not in a steal position make sure all your cards are live before you decide to play. Do you have a strong kicker? What are the other up cards? Is the game tight or loose? Your hand is stronger when your pair is concealed. You should generally fold your medium pairs in raised pots, unless you have a bigger kicker than the pair the raiser is representing.

When you hold a medium pair and there are no up cards higher than your pair on the board, you should almost always raise with them. If you have a strong kicker to your pair, it holds certain advantages. For example, it allows you to represent a higher pair than what you hold and it increases your chances of ending up with the best two-pair.

If the pot is raised and you have a strong kicker, you should call. If the pot has been raised and re-raised, you should generally fold no matter what additional value you hold. Playing Three-Flushes The way you play three-flushes very much depends on four factors: How high are your cards?

How many of your cards are live? What is your up card? What is your position? These factors greatly affect the way this type of hand should be played. Some three-flushes play better heads-up and some play better in multi-way pots. If all your flush cards are live but none of your pair cards are, then the hand will be played better in multi-way pots. This is because you will most likely need to hit your flush in order to win the pot.

This will not happen as often as winning by pairing, so you want to ensure the pot is big enough for those times you hit your flush. Remember, if all your flush cards are live the hand is almost always playable. If you have high up cards, you should almost always raise when you are first in. This strategy also works well with the ante-stealing strategy, as it adds deception to your play.

Playing Three-Straights Three-straights are generally not as powerful as three-flushes. Nonetheless, they can still be profitable hands. You must consider the following factors when deciding whether or not to play three-straights: How high are your cards? Do you also have a two-flush? What are the other cards on the board? Who and how many players are already involved in the pot? How much will it cost you to play?

How well do your opponents play? Obviously, the more factors working in your favor, the more advisable it is to play the hand. That player has three options: Fold: They pay nothing to the pot and throw away their hand, waiting for the next deal to play again. Call: They match the amount of the bring. Raise: If the first player made a minimum bring only brought the amount of the ante a raise will be completing the bet to the amount of the small bet limit.

If the first player completed their bring to the full small bet a raise would be doubling the small bet amount. A betting round ends when two conditions are met: All players have had a chance to act. All players who haven't folded have bet the same amount of money for the round.

You must be able to decide whether or not to play a hand and how to play it. Some hands play better in multiway pots and some in short-handed pots. The hands that play well in multiway pots are drawing hands, like three-flushes, three-straights and combinations of the two. The hands that play well in short-handed pots are big pairs. One of the most valuable skills in 7-Card Stud is the ability to be very selective about the hands you begin with.

The problem with playing too many starting hands is that these mistakes are usually compounded in later betting rounds. For instance, you might start with nothing and end up drawing to something with a hand you should not have been involved with in the first place.

Mistakes like this can prove very costly in the long run. There are a number of issues that should be taken into account when deciding which hands to play. They are as follows: How many players are in the pot when it is your turn to act? Is the table tight or loose? How many players are sitting at the table? Has the pot been raised?

If so, from what player and position? What is your position in relation to the raiser if any? In most games, however, in order to win the low hand, the player must have an 8-low or better. This is said to be a 'qualifier'. If there is a qualifier, the betting rules are like 7-Card Stud, where the high hand bets first. In a 'no-qualifier' game, the Razz 7-Card Low- ball rules apply.

In either case, the bet on the fourth card is the smaller bet. In an 8 or Better game, if there is no low, the high hand wins the entire pot. Check and raise is permitted. The ranking of hands is the same as in Draw Poker, except there is no Joker.

An all-in wager of less than half a bet does not reopen the betting for any player who has already acted and is in the pot for a previous bet. A player facing less than half a bet may fold, call or complete the wager. An all-in wager of half a bet or more is treated as a full bet, and a player may fold, call or make a full raise. A bet and three raises are allowed for each betting round. However, completing an opening forced bet does not count as a raise.

If only two players remain before the third raise is made, then there is no limit on raises. String bets or raises are not allowed. Putting a half-raise or more into the pot must be completed. Anything less is a call only. A player who puts a single chip into the pot that is larger than the bet to him is assumed to have called the bet, unless he announces raise.

No pot may be awarded until all losing hands have been killed. The winning hand should remain face up until the pot is awarded. Suits do not count in ranking of hands to determine the winning hand. The ranking of suits is used only to determine the lowest card for a forced bet, drawing for seats in games, etc.

Suits are ranked Spades highest , Hearts, Diamonds and Clubs. A card found face up on the deck boxed card shall be treated as a 'scrap of paper', and is ignored. A Joker, when found in a game that does not use a Joker, is also a 'scrap of paper'. A card being treated as a scrap of paper is replaced by the next card below it in the deck when possible.

If not possible, it is replaced at the end of that round. If a player does not call attention to the Joker among his down cards before acting on his hand, then he has a foul hand and forfeits all rights to the pot and all monies involved. His hand is dead and will be discarded in turn. If a player does not have the correct number of cards on the deal and no action has been accepted, the hand will be a misdeal.

If there has been action 'action' defined as two or more players, except the forced opener, acting on their hands in turn before the mistake is noticed, the player with the incorrect number of cards will have a dead hand; he will receive his money back, unless he has forfeited that right by acting on his hand.

If a player folds his hand after making a forced bet or on a round of checking, his seat will continue to receive a card until there is a wager. If a player's first or second hole card is accidentally turned up, the third card is dealt down. If the player fails to receive two down cards, the player has a dead hand and receives his ante back.

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Any wager not all-in must be at least the size of the previous bet or raise in that round. In limit play, an all-in wager of less than half a bet does not reopen the betting for any player who has already acted and is in the pot for all previous bets. An all-in wager of a half a bet or more is treated as a full bet, and a player may fold, call, or make a full raise. Multiple all-in wagers, each of an amount too small to individually qualify as a raise, still act as a raise and reopen the betting if the resulting wager size to a player qualifies as a raise.

The smallest chip that may be wagered in a game is the smallest chip used in the antes, blinds, rake, or collection. Certain games may use a special rule that does not allow chips used only in house revenue to play.

Smaller chips than this do not play even in quantity, so a player wanting action on such chips must change them up between deals. If betting is in dollar units or greater, a fraction of a dollar does not play. A player going all-in must put all chips that play into the pot. A verbal statement denotes your action and is binding.

If in turn you verbally declare a fold, check, bet, call, or raise, you are forced to take that action. Rapping the table with your hand is a pass. Deliberately acting out of turn will not be tolerated. A player who checks out of turn may not bet or raise on the next turn to act. An action or verbal declaration out of turn may be ruled binding if there is no bet, call, or raise by an intervening player acting after the infraction has been committed.

A player who has called out of turn may not change his wager to a raise under any circumstances. To retain the right to act, a player must stop the action by calling "time" or an equivalent word. Failure to stop the action before three or more players have acted behind you may cause you to lose the right to act.

You cannot forfeit your right to act if any player in front of you has not acted, only if you fail to act when it legally becomes your turn. Therefore, if you wait for someone whose turn comes before you, and three or more players act behind you, this still does not hinder your right to act.

The hand rankings are identical to those in Texas hold'em or Omaha; a royal flush is the best possible hand and the worst hand is the high card hand no pair. Antes, bring-in and betting While the blinds are the forced bets in Texas hold'em and Omaha poker, antes are the forced bets placed by every player before receiving any cards. The first three cards are then dealt to each player before it is determined that one player must post the bring-in. From there, the betting continues clockwise around the table, with each player having the option to call, raise or fold.

Once the betting is complete, every player left in the hand is dealt a fourth card, referred to as fourth street. In games that involve a button that dictates where the action starts, those differ from seven-card stud. In seven-card stud, the first player to act from fourth street on is the player displaying the highest-ranking hand.

Before proceeding past third street, though, it is important to have solid hand selection. An example of good starting hands in seven-card stud would include the following: Seven-card stud is most often played as a limit game. In the case that a player pairs his door card on fourth street, the opening player now has the option to bet double the small limit, or the larger limit. This unique betting rule only takes place in the high version of seven-card stud, and not the split-pot version.

Conclusion In seven-card stud, it is very important to pay close attention to the cards of your opponents.

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If betting is in dollar units or greater, a fraction of a dollar does not play. A player going all-in must put all chips that play into the pot. A verbal statement denotes your action and is binding. If in turn you verbally declare a fold, check, bet, call, or raise, you are forced to take that action. Rapping the table with your hand is a pass. Deliberately acting out of turn will not be tolerated. A player who checks out of turn may not bet or raise on the next turn to act.

An action or verbal declaration out of turn may be ruled binding if there is no bet, call, or raise by an intervening player acting after the infraction has been committed. A player who has called out of turn may not change his wager to a raise under any circumstances. To retain the right to act, a player must stop the action by calling "time" or an equivalent word. Failure to stop the action before three or more players have acted behind you may cause you to lose the right to act.

You cannot forfeit your right to act if any player in front of you has not acted, only if you fail to act when it legally becomes your turn. Therefore, if you wait for someone whose turn comes before you, and three or more players act behind you, this still does not hinder your right to act. In limit poker, if you make a forward motion with chips and thus cause another player to act, you may be forced to complete your action. A player who bets or calls by releasing chips into the pot is bound by that action and must make the amount of the wager correct.

This also applies right before the showdown when putting chips into the pot causes the opponent to show the winning hand before the full amount needed to call has been put into the pot. However, if you are unaware that the pot has been raised, you may withdraw that money and reconsider your action, provided that no one else has acted after you. At pot-limit or no-limit betting, if there is a gross misunderstanding concerning the amount of the wager, see No-Limit, Rule 8.

String raises are not allowed. To protect your right to raise, you should either declare your intention verbally or place the proper amount of chips into the pot. This hand is much stronger if all sevens are live, as compared to two of them being out. If all sevens and a jack are out, your hand is almost dead. The only exception to this concept is when you hold a pair of aces or kings when no ace is showing , which can be played in most situations even if the hand is almost completely dead.

In order to make it easier when deciding what to look for in your starting hand, here's a list of the best starting hands. Three of a kind also called rolled-up trips. Starting with A-A A and on down. The big pairs AA-JJ. The hand is stronger when the pair is hidden, thus making the hand more deceptive to play against. Mike McD, in the much-quoted Rounders line, talks about having "nines or better wired, jacks or better split.

He also mentions "three high cards to a flush. This is a very tight system for starting hands. If you find yourself playing too many hands, it's a great default to revert to. Playing Rolled-Up Trips On average, you will be dealt rolled-up trips once in every times. This is the strongest holding you can start with, though it does not necessarily mean you should always slow-play the hand. In a loose game, where lots of players give action with a wide variety of hands, slow-playing is almost always incorrect.

A good time to slow-play the hand is when you do not want to give your hand away. For example, a king raises and then an ace re-raises. If you then re-raise with something like rolled-up deuces you announce to the table what your holding is. In this case it is better to just smooth-call and reveal your true strength in later betting rounds.

An exception would be if you have been making many advertising plays or have frequently re-raised with hands like three-flushes. In these cases, your hand can be played fast from third street onward. When slow-playing your trips, it is usually best to wait until fifth or sixth street before putting in your first raise.

Such a decision should be based on what your opponents' likely holdings are, how many players are in the pot and how big the pot is. These hands should almost always be played. The only times to fold them are when you are fairly certain that you are up against a bigger pair, or when your cards are dead both of the other cards are already out. A pair of jacks can also be folded when you have a bad kicker to your pair and there are many big cards left to act behind you.

Another occasion when it is correct to muck your big pair is when the pot has been raised and re-raised by players with bigger up cards than your pair. For example, you hold a pair of jacks and a king raises only to be re-raised by an ace before it is your turn to act. Before folding your big pairs, always consider the action and the opponents giving the action.

If one of your opponents pairs their door card, and you don't have a four-flush or a four-straight, it is usually correct to fold your big pair. Playing Small and Medium Pairs When deciding whether or not to play the medium pairs, always consider the following factors the first two are the most important : If you are not in a steal position make sure all your cards are live before you decide to play.

Do you have a strong kicker? What are the other up cards? Is the game tight or loose? Your hand is stronger when your pair is concealed. You should generally fold your medium pairs in raised pots, unless you have a bigger kicker than the pair the raiser is representing.

When you hold a medium pair and there are no up cards higher than your pair on the board, you should almost always raise with them. If you have a strong kicker to your pair, it holds certain advantages. For example, it allows you to represent a higher pair than what you hold and it increases your chances of ending up with the best two-pair. If the pot is raised and you have a strong kicker, you should call. If the pot has been raised and re-raised, you should generally fold no matter what additional value you hold.

Playing Three-Flushes The way you play three-flushes very much depends on four factors: How high are your cards? How many of your cards are live? What is your up card? What is your position? These factors greatly affect the way this type of hand should be played.

Some three-flushes play better heads-up and some play better in multi-way pots. If all your flush cards are live but none of your pair cards are, then the hand will be played better in multi-way pots. This is because you will most likely need to hit your flush in order to win the pot. This will not happen as often as winning by pairing, so you want to ensure the pot is big enough for those times you hit your flush.

Remember, if all your flush cards are live the hand is almost always playable. If you have high up cards, you should almost always raise when you are first in. This strategy also works well with the ante-stealing strategy, as it adds deception to your play. Playing Three-Straights Three-straights are generally not as powerful as three-flushes.

Nonetheless, they can still be profitable hands. You must consider the following factors when deciding whether or not to play three-straights: How high are your cards? Do you also have a two-flush? What are the other cards on the board? Who and how many players are already involved in the pot? How much will it cost you to play? How well do your opponents play?

Obviously, the more factors working in your favor, the more advisable it is to play the hand. That player has three options: Fold: They pay nothing to the pot and throw away their hand, waiting for the next deal to play again. Call: They match the amount of the bring. Raise: If the first player made a minimum bring only brought the amount of the ante a raise will be completing the bet to the amount of the small bet limit. If the first player completed their bring to the full small bet a raise would be doubling the small bet amount.

A betting round ends when two conditions are met: All players have had a chance to act. All players who haven't folded have bet the same amount of money for the round. You must be able to decide whether or not to play a hand and how to play it.

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