One you should find familiar, though, is Caribbean Stud Poker. Despite the fancy name, Caribbean Stud poker is more or less the same as good old fashioned 5-Card Stud – a game you likely played around the kitchen table.
If you’ve played 5- Card Stud you have all the game knowledge you need to play Caribbean Stud right away.
The actual rules of Caribbean Stud poker are simple. The dealer at the table will deal out 5 cards, face down, to each player at the table that has placed the initial bet (ante) on the table and to themselves, with their last card flipped over to display face up.
Once the cards are dealt you can look at your own 5-card hand and decide if you’d like exchange one of your own cards by payng an additional amount equal to Ante, or to place an extra bet (two times the ante bet).
If you decide to fold, you will lose your ante bet and will have to wait until the next hand is dealt to play again. You can continue on in the hand only by making the additional play bet.
Once every player at the table has decided either paid the extra bet or folded, the dealer will then look at the full hand in front of them.
To qualify the dealer MUST have at least Ace-King or higher.
If the dealer doesn’t qualify you will get your original ante paid out 1-1. Your play bet is a push and returned to you.
If the dealer qualifies and your hand is higher than the dealer’s you will be paid out:
If the dealer’s hand is higher than yours, you will lose both the ante and play bets.
If your hand and the dealer’s are exactly the same all bets are a push and returned to the player.
Each player is ONLY playing against the dealer alone, not the other players. Even if your 5-card hand is higher than another player’s you will still lose your bets if the dealer’s hand is higher than yours.