Playing the Streets
Although we're telling you that the most crucial decision you'll make in a 7 Card Stud game is in the Third Street you shouldn't ignore the coming streets. Surviving the first round is just your entry pass.
Winning will depend on how well you assess your opponents' as well as your own chances at the pot. The room for error is very narrow, so these tips will help you play the fourth street all the way to the river.
Tip #1: Be wary when your opponent catches a pair. When an opponent catches a pair, there's a probability that he's now holding a three of a kind hand. And even if he doesn't, there's still a chance that he's got hand. So unless you have a pretty strong hand with high value, or if the pot is already large, you should simply muck.
Tip #2: If you think you have the best hand, you should bet out. It is not good to check when you appear to have the best hand on the table. For example, you are able to make a flush on the sixth street, and since some of your suited cards are exposed your opponents will surely suspect that you have a flush. If you check instead of betting, the players will check behind you. As a result, you didn't only gave them a free card you may also might lose a double-sized bet.
Tip #3: Sometimes it's better to check than call. On the other end of the table, if your opponent catches another suited card and you suspect that he's holding a flush, the best thing to do is check rather than call a bet. This is not the time to be aggressive. By checking, you save money if he indeed has a flush.
Tip #4: A small pair and a high kicker should benefit a bet on the fifth street. It is often correct to chase in a 7 Card Stud game. Especially when you hand has a strong chance of beating your opponent's. You should generally call a bet on the fifth street from a probable pair as against your small pair and high kicker—especially if your kicker is an Ace. As long as your hand is live it's almost always worth it to chase.
Tip #5: If you make it to the sixth street, go all the way to the river. Generally, if you call on the fifth street it is also correct to call on the sixth street and go all the way to the river to look at the last card. By now, the pot has grown typically large and you usually have enough ways to win. However, if an opponent makes an extreme improvement on the sixth street and your hand is relatively weak, it's wiser to simply fold.
Tip #6: Call on the river if you can beat a bluff. Unless your hand is completely on the losing edge, it's almost always a mistake to fold on the river. With the pot relatively large now this is not the time to hesitate. This last round is typically when the players bluff so that their opponents would fold, and sometimes you have to risk calling a bluff to win the pot.
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