What is ‘Wall Street’?
‘Wall Street’ is a variant of poker in which players do not initially bet for the pot, but instead they pay to take cards from the table and use them as their own. It has similarities to Stud poker and to Hold’Em poker, though the bidding rounds are entirely different from other forms of poker. The game is named after New York’s financial district, due to the act of bidding and buying for cards.
‘Wall Street’ Explained
In poker, ‘Wall Street’ is a variant of the game in which players bid to pick up extra cards from the board, rather than betting on the shared cards. It is named after the financial district of New York, which is also the global hub of trading and home to the famed New York Stock Exchange – the USA’s global trading board. Betting on the events that occur within the NYSE is an increasingly popular pastime. Many bookmakers will offer spread lines and straight bets on the outcome of trade deals, on currency fluctuations and on the general activities of the trading market. In fact, the trading which takes place on Wall Street is often known as betting, as it follows the same principles.
The poker game Wall Street is played in a similar way to stud and to Hold’Em poker, except that players bid to take community cards as their own, rather than betting on the early stages. If a player wants a community card in their hand rather than on the table, they can bid for that card. Bids are made in increments of the minimum bet for the game, and are based on how valuable or in demand that card is. Kings, queens and where relevant, wildcards are all among the most expensive cards to bid for. Once players have bid for community cards and been dealt face up cards, a betting round for the showdown begins. The game is decided based on standard poker ranks.