Most Mississippi Stud players just put down a single chip as their ante bet. Some Mississippi Stud enthusiasts recommend having a pool of at least $400 to work with if you’re starting with a $10 ante.
Unlike other forms of poker, you don’t need to have a better hand than the other players to win the round. Anyone who has a least a pair of face cards or Aces gets paid!
If you fold, you’ll lose the ante bet that you placed earlier. In a casino, there will be a special spot to place all of your bets, including your 3rd Street wager.
Let’s say you had a Jack of hearts and an 8 of spades in your hand. The dealer turns over the first community card, revealing a Jack of clubs. You might decide to play a little more aggressively in the next phase of the game since you’ve already scored a pair of Jacks.
The later you decide to fold in the game, the bigger your losses will be.
If you don’t have a guaranteed win in your hand yet, you might choose to bet 1X the ante instead of going for a larger wager. If you’ve already won the minimum payout, you might be a little more aggressive with your bets.
For example, a 10 of diamonds, a Jack of diamonds, a Queen of diamonds, a King of diamonds, and an Ace of clubs would qualify as a regular straight, not a royal flush.
A Jack of hearts, Jack of clubs, Jack of spades, and Jack of diamonds would count as a four-of-a-kind combo.
Three Queen cards and a pair of 2s would qualify as a full house combo.
A 2, 4, 7, 10, and Jack of spades would count as a flush.
A 2 of hearts, a 3 of spades, a 4 of hearts, a 5 of clubs, and a 6 of spades would qualify as a straight.
A pair of 2s and a pair of Jacks would earn you a 2-to-1 payout, even though 2s aren’t normally that valuable in Mississippi Stud.
As more community cards are flipped over, you can decide whether or not you’d like to increase your bet. If you have a 10 of hearts and a Queen of hearts and the 2 revealed community cards are a Jack of hearts and an Ace of hearts, you might bet a 3X ante on the chance that the third community card is a King of hearts (which would give you a royal flush).
For example, you’d want to fold your hand if you were dealt a 2 and a 4.
Don’t bet aggressively on a pair of low cards! The odds of finding a matching community card are still pretty low, so you don’t want to bet 2X or 3X the ante on this type of hand. Feel free to bet 3X the ante on a pair of high-value cards, though (like a pair of 7s, 9s, or Jacks).
Put down a 1X bet on the 3rd Street wager when your initial hand is worth 2 points. Set a 1X bet on the 4th Street wager if your total hand is valued at 3 or more points. Place a 1X bet on the 5th Street wager if your current hand equals 4 or more points. [16] X Research source
Your total winnings are decided by a separate, 3 Card Bonus payout table. The exact payouts may vary depending on the casino, but they usually look something like this: Mini Royal: 50 to 1 (3 cards of a royal flush) Straight Flush: 40 to 1 (3 sequential cards in the same suit) Three-of-a-kind: 30 to 1 Straight: 6 to 1 (3 sequential cards of different suits) Flush: 4 to 1 Pair: 1 to 1