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Mississippi Stud is a five-card poker game you play against the paytable, not other players or the dealer - although the latter does deal the cards. To win, you'll need at least a pair of Jacks or better. Place an Ante bet to start the game, and you'll receive two cards. The dealer then places three community cards, face down, on the table. Mississippi Stud Poker is a card game played like a condensed version of Texas Hold’em.If you are also familiar with the blackjack rules, consider yourself already familiar with some elements of the Mississippi Stud rules. You are seated at a table with other players - at land-based casinos or virtually through online casinos.The dealer sits on one side of the …May 19, 2022 · Download Article. 1. Fold or make a 3rd Street wager based on the 2 cards in your hand. The first bet in a Mississippi Stud game is known as a “3rd Street” wager, where players can bet 1X, 2X, or 3X the ante bet they just put down. 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