Let It Ride Poker is a variation of five-card-stud. Each player has a hand of three cards that are kept secret from the other players, and two community cards which are available for everyone to use. When the game begins, both community cards are face down. However, they are revealed one by one later in the game, providing each player the opportunity to adjust their wager as they gain more information about what is on the table. 

Let It Ride Poker is unique because players are given two chances to withdraw from play. On each opportunity, they can remove exactly one-third of their original wager. The first chance occurs after the players have seen their hand of cards, but before the first community card is revealed. The second chance occurs after revealing one community card, but before the second is known.