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What is the 5 card rule in poker?

Five card draw is one of the most common types of poker hands. Each player is dealt five cards, then a round of betting follows. Then each player may discard up to 3 cards (4 if your last card is an ace or wild card, in some circles) and get back (from the deck) as many cards as he/she discarded.

contrib.andrew.cmu.edu - Basic Poker Rules
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The Rules of Poker

This list is currently broken into several parts:

The Very Basics How the Hands are Ranked Descriptions of Hand Ranks Betting An Example 5-Card Draw Hand

The Very Basics

Some games have Wild Cards, which can take on whatever suit and rank their possessor desires. Sometimes jokers will be used as wild cards, other times, the game will specify which cards are wild (dueces, one-eyed jacks, or whatever).

How the hands are ranked

Descriptions of Hand Ranks

Betting

Call When you call, you bet enough to match what has been bet since the last time you bet (for instance, if you bet a dime last time, and someone else bet a quarter, you would owe fifteen cents). Raise When you raise, you first bet enough to match what has been bet since the last time you bet (as in calling), then you 'raise' the bet another amount (up to you, but there is typically a limit.) Continuing the above example, if you had bet a dime, the other person raised you fifteen cents (up to a quarter), you might raise a quarter (up to fifty cents). Since you owed the pot 15 cents for calling and 25 for your raise, you would put 40 cents into the pot. Fold When you fold, you drop out of the current hand (losing any possibility of winning the pot), but you don't have to put any money into the pot.

Some Standard Betting Rules

An Example Five Card Draw Hand.

You deal yourself a fairly good hand Ks-Kd-Jd-5c-3d. A pair of kings isn't bad off the deal (not great, but not bad). Then the betting starts... Alex 'Checks' (checking is basically calling when you don't owe anything to the pot).

Brad bets a dime.

Charley calls (and puts a dime into the pot).

Dennis raises a dime (and puts twenty cents into the pot).

Well, it's your turn. Twenty cents to you. You can fold, call or raise. Like I said before, pair of kings isn't bad, not good but not bad. You call and put twenty cents into the pot. Back to Alex, who grumbles and tosses his cards into the center of the table, folding. (Note, when folding, never show your cards to anyone). Brad calls. The total bet is twenty cents, but he had already bet a dime, so he owes a dime, which he tosses into the pot. Charley is in the same position as brad, and tosses a dime into the pot. What do you suppose the others were trying for? Well, Brad kept two cards, so he probably had a pair (just like you) but it probably wasn't aces, so even if brad got a three of a kind, you probably beat him. Charley kept four cards, so he was probably trying for a straight or flush. (If Charley had four of a kind, he might have bet much harder). The big problem is Dennis. He raised earlier, and only drew two cards. He might be bluffing, but he could have had three of a kind off the deal... In any case, the second round of betting starts (with dealers left).

Brad bets a nickel.

Charley folds (I guess he didn't get his straight or flush).

Dennis raises twenty cents (to a quarter total).

You call.

Brad looks at his cards, then calls (betting twenty cents).

Again, everyone called Dennis's raise, so the round of betting is over.

You had Ks-Kd-Kc-4c-8h.

Brad had Jh-Jd-3c-3s-Ah.

Dennis had Qh-Qs-Qd-As-7s.

Conclusion

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