Pair and Drop
Rules: Five Stud Lowball -- the lowest hand wins.
Analysis: So named because the most common behaviour is to stay in until you get a pair, then give up. A good bluff can sometimes win this one.
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Variants
Gold Brick:
Pair and Drop, but the
highest hand in the showdown skims 50 cents from the pot before the winner takes anything. This can theoretically take the entire pot.