Seven Card Stud Hi/Lo is the same game as the regular Seven Card Stud game with an exception: the pot is split 50-50 between the best High Hand and the best qualifying Low Hand. To be eligible to win the Low, the highest card must be an eight or less. The winning Low Hand is determined firstly by the player with the lowest High card. Upon a tie with the High card, the hand goes to the player with the next lowest High card. Any hand that has a high card of 9 or higher cannot qualify as a Low Hand.

If there is no qualifying Low Hand then the High Hand wins 100% of the pot.

The rest of the game has the same rules as regular Seven Card Stud.