Seven-Card Stud Hi/Lo is a variant of Seven-Card Stud. The betting, blinds, and postings are exactly the same as in Seven-Card Stud. The difference is that, at the showdown the best high hand and the best low hand split the pot.
Straight or flushes do generally not count against the low hand. Some house rules say that they do, but still the ace counts both as the highest and the lowest card thus making the 6-4-3-2-A the best hand during those conditions.
Most often the game is played with the amendment that a player must have an 8 low in order to qualify for the low part of the pot. That is why the game is often referred to as Seven-Card Stud 8 or better. If no one has an 8 low or better, the best high hand wins the pot.
As the pot is split into two, a hand that can win both parts is very strong. A hand that should scoop the pot is the "steel wheel". A "wheel" is the best possible low hand: 5-4-3-2-A, while a steel wheel is of the same suit as well, straight flushes are not that common.
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August 10th, 2005