Seven Card Stud Hi/Lo
Also known as "seven eight" or "stud eight or better", eight or better is the most common form of high-low split stud poker. Played as seven-card stud, but the pot is split between the player with the highest hand and the player with the lowest hand. To qualify for low, a player must be able to play an 8-7-6-5-4 or lower.
The objective of winning players is not winning every individual hand, but rather making mathematically correct decisions regarding when and how much to bet, raise, call or fold. By making such decisions, winning poker players maximize long-term winnings by maximizing the wins and minimizing losses on each round of betting.
7 Card Stud Hi-Lo Showdown Rules
Stud Hi-Lo is a "split pot" game, meaning that at showdown, the pot is divided in half, one half being awarded to the winning best hand, the other half being awarded to the best qualifying "low hand."
The High
The high hand in a 7 Card Stud Hi-Lo game is identical to the winning hand of a standard 7 Card Stud game. Half the pot is awarded to the player who holds this hand.
The Low
Low hands must qualify to be eligible for winning the low half of the pot.
A hand example:
Hand 1: A♥ 2♠ K♥ K♠ 3♣ 4♥ 5♦
Hand 2: A♠ 3♠ Q♥ Q♦ Q♠ 3♥
High Winner: Hand 2 wins with a full house, queens over threes: Q♥ Q♦ Q♠ 3♠ 3♥.
Low Winner: Hand 1 wins with a five-four low: 5♦ 4♥ 3♣ 2♠ A♥ (Hand 2 doesn't have a qualifying low).
General Rules
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