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Red Dog Poker

Red Dog is a card game similar to Acey-Deucey and In-Between. It was also known as Between The Sheets. The history of the game is not well known but was undoubtedly played in the Wild West. At one time a variety of it was known as Montana Red Dog. After Blackjack, it was also the most common game played by servicemen during both World Wars.
The game is played on a blackjack-sized table with two betting spots, bet and raise, using a 52-card deck. Only three cards are played per hand.
Card suit is not relevant in Red Dog.
The popularity of Red Dog is largely due to its simplicity. As the pros say, if you can remember the number seven and know how to subtract, then you can play Red Dog as well as anyone in the world.

Objective 
As a player, you place an opening bet and the dealer will deal two cards. The object of the game is to bet on the likelihood that the rank of a third card is going to fall between the first two. If it does fall between, you win. If it doesn't, you lose.
So far, it's too simple. This is where the raise and bet comes in and it's based on the spread. Spread is the number of card values that lie between the two initial cards.

Card Values
The card values for the game are as follows:
Two through ten are worth their face value
Jacks are worth        11
Queens are worth     12
Kings are worth         13
Aces are worth         14

A couple of examples are worthwhile. Let's say the dealer deals a 7 and a 10. What's the spread? Since 5 and 6 fall between the 4 and 7, the spread is 2. Ok, let's say the next hand plays a 4 and a 5. The spread? Since the cards are consecutive, no cards fall between 4 and 5, it's called a tie; you keep your money and the hand is over.
T
he interesting part of Red Dog is betting on the spread. This is an optional second bet where you go for a bonus payout. The house sets the odds based on a simple principle: the narrower the spread, the higher the potential payout.

Betting
As indicated, you open with a bet and the dealer deals two cards. The cards are placed face up on the table and the dealer will place marker to indicate (a) the spread and (b) the odds the house offers on an additional bet (the raise).

Ø      If you bet no further, you will win your original bet at even money if you win the hand.

Ø      If you do decide to raise, you're betting at house odds as printed on the Red Dog table. If you win, you get your original bet at even money and the raise bet at the odds indicated

Ø      If the first two cards are consecutive cards, known as a tie, the bet is pushed. ie you keep your bet.

Ø      If the two cards are a pair, betting stops but you'll get paid at 11:1 if the third card makes it three of a kind. Otherwise you lose your bet.

Ø      Finally, if the third card matches either of the first two, you lose your bet.
 

Payoff
In a winning hand, opening bets are always paid out at even money.
R
aise bets are paid out based on the spread as follows:
 

Spread

Payout

1

5 to 1

2

4 to 1

3

2 to 1

4 to 11

Evens

Pair

11 to 1 with third matching card

This is probably the shortest game strategy that ever needs to be written:
Only Raise on Spread of 7 or better.
It’s simple; the player only gets an edge when the spread is 7 or more. This is actually quite obvious. At Spread 7, 7 cards will give you a winning hand. And since there are 13 cards from Deuce to Ace (2, 3, 4, 5, 6, 7, 8, 9, 10, J, Q, K, A), that means that only 6 cards will cause you to lose. 
S
pread 7 gives the player about a 54% chance of winning and it gets better from there on up to around 85% at Spread 11. So the strategy is to only Double on the Spreads that give you an edge, namely 7 through 11. Spreads below 7 give the house an increasingly stiff edge and should be avoided.

 
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