• 5th Street Poker League
• Fourth Street Poker Term
• Street Meaning Poker

Wall Street Poker is a form of stud poker which also features community cards. It is named after the financial district of New York and the movie of the same name, because of a strategy of aggressive bidding involved.

A 3 bet is when someone raises 3 times the big blind, a 4 bet is a raise of 4 times the big blind and so on. I don't believe that there is any term for betting all streets besides a continuation bet.

Rules[edit]

Players are initially dealt three hole cards, two face down, one face up. Everyone pays an ante.

Four community cards are then dealt face up, each with a different value, this is called the Wall Street. Each round then starts with the player with the strongest hand showing. For example, a showing pair would beat a high card.

1. A card that’s dealt in a particular betting round, in many poker variants, is called a street. For example, in Texas Hold’em and Omaha, the community cards are referred to as the flop, turn and river, with the turn and river sometimes referred to as Fourth Street and Fifth Street.
2. Street Poker – An unwritten agreement between players to play insupportably loose poker. Check the glossary entry for examples. Check the glossary entry for examples. String Bet – String bet refers to splitting a wagering decision into multiple parts.
3. Wall Street Poker is a form of stud poker which also features community cards. It is named after the financial district of New York and the movie of the same name, because of a strategy of aggressive bidding involved.
4. It’s inspired by Miller’s book The Course (and the companion video series, available to Red Chip Poker PRO members). In The Course, the idea of “streets of value” is central to developing the skills that will take you from $1/$2 to $5/$10.

Rather than a betting round taking place, a bidding round occurs, where players choose whether to buy a community card. The card on the left of the dealer costs one betting unit, the next card two betting units, the next card three betting units and the card to the right of the dealer costs four betting units. The fee for the card then goes into the pot. If a player chooses to purchase one of the cards it is replaced from the top of the deck.

If they choose not to purchase a card, they are dealt one for free face up. This process repeats until every player has four face up cards. So for example if the minimum bid was $1, and a player is dealt a pair of Kings, if a King is the third community card to the left of the dealer, it would cost them $3 to take the King.

Players are then dealt a face down card and a final betting round takes place.

Variations[edit]

There are also wild card versions of this game where the most expensive card can be a wild card, meaning that it has any value the player wants it to be. For example, if a Queen is needed to make a straight, it would cost four betting units but a player could purchase the wild card to count as the Queen. Another version of the game plays in the following way:

1. All players pay the antes.
2. Four cards are dealt face up on the table.
3. The furthest left card (from the dealer perspective) is marked with a chip.
4. All players are dealt two cards.
5. Every player now has the option to decide: (a) to get a third card from the dealer which is dealt face up; (b) to buy one of the four cards that were dealt previously, with the card to the left of the dealer costing one betting unit, the next card two betting units, the next card three betting units and the card to the right of the dealer costing four betting units.
6. The first betting round takes place. When played with antes, each pot is opened by the player who shows the weakest hand. They have to pay the bring-in and can also raise.
7. Again every player can decide to get a card from the dealer or to buy a card from the Wall Street.
8. Second betting round.
9. There are three more betting rounds. Before each round each player draws an additional card. Cards five and six are dealt face up, card seven is dealt face down.

References[edit]

5th Street Poker League

Fourth Street Poker Term

• General Guidelines
• Seven Card Stud
• Limit Texas Hold'em

Play on the Later Streets

Even though the most important decision you will make in seven-card stud is on third street, you don’t want to neglect the later streets. Winning depends on correctly assessing an infinite number of situations, and errors in judgment can spell disaster. The tips that follow will help you to recognize and take advantage of profitable opportunities, as well as to dodge the perils, often encountered on fourth street and beyond.

It’s very dangerous when an opponent pairs his door card.

When this happens, you should exercise caution, as there is a good chance that your opponent now has three of a kind. And even if he doesn’t have trips, he’s still likely to hold a quality hand. So unless your hand is also of high value or the pot is large, you should throw your cards away.

If you make what appears to be the best hand on a later street, you should bet out.

In seven-card stud, it’s generally a mistake to check a hand that you think is the best. For example, suppose you make a flush on sixth street. Since some of your suited cards are exposed, your opponent will suspect a flush, and if you check, he will often check behind you. As a result, you not only might lose a double-sized bet, but the free card you give may cost you the pot as well.

It’s sometimes correct to check and call.

Suppose your opponent catches a third suited card and you think he may now have a flush. Although being aggressive in many situations is the best strategy, this is not one of them. The correct play here is to check and call. If your opponent does have a flush, you save money since you don’t have to call a raise; if he doesn’t have a flush, he often will bet to represent one, so the money goes into the pot anyway.

You usually should call on fifth street when you have a small pair and a high overcard to an opponent’s probable pair.

In seven-card stud, it’s often correct to chase, particularly when your hand has a strong potential of beating the hand you are up against. This means that you should call a fifth-street bet from a probable high pair when you have a smaller pair and an overcard kicker, especially if your kicker is an ace, as long as your hand is live and you have no reason to believe your opponent has two pair.

If you go to sixth street, almost always go to the river.

Street Meaning Poker

In general, if you have called the fifth-street bet, it’s correct to also call the bet on sixth street and look at the last card. The reason for this is that the pot typically has grown large enough and you usually have enough ways to win, even with a weak holding, that it’s profitable to call. However, if your opponent makes something extremely threatening on sixth street and your hand is weak, it obviously is correct to fold.

If you can beat a bluff, you usually should call on seventh street.

Unless your hand is completely hopeless, folding on the river can be a costly mistake. You have to catch a bluff only once in a while for your calls to be correct. This is because the typical seven-card stud pot is large relative to the last bet.

Spread Limit Strategy Changes

Most of the strategy already discussed for structured-limit games also applies to spread-limit games. However, there are a couple of basic differences.

First, you should be willing to play a lot of weak hands for just the bring-in — typically either 50 cents or $1 in a $1-$4 or $1-5 seven-card stud game. But remember to consider your position. If you are early to act and a lot of high cards are behind you, it’s still best to throw away all weak hands, even if the cost to enter the pot is only 50 cents. In most cases, you also should discard speculative hands if someone raises after you have called the bring-in.

The second major difference in strategy concerns raising. When you have a good hand, you definitely want some opponents. So you generally should not raise the maximum on third street if no one has yet voluntarily entered the pot. Wait for the later rounds to bet the maximum.

For example, suppose you have a big pair and no one is in the pot yet, except for the bring-in. In this situation, it is usually best to raise only $2 instead of the $4 or $5 maximum to ensure that you get some competition. You don’t want to win just 50 cents with a pair of aces.

Selected Odds

Knowing the precise odds is not necessary to be a successful poker player. All you need is a good understanding of your chances in a given set of circumstances. This being said, what follows are some of the more useful odds for seven-card stud, which are provided mainly for their interest alone.

The First Three Cards

Other Odds of Interest

● If you start with three suited cards, the odds against making a flush are 4.5-to-1.

● If you have four suited cards on fourth street, the odds against making a flush are 1.5-to-1, but with only three suited cards on fourth street, the odds increase to 8.5-to-1.

● If you start with a pair, the odds against making two pair are 1.4-to-1, and the odds against making three of a kind or better are 4.1-to-1.

● If you start with three of a kind, the odds against making a full house or better are 1.5-to-1.