Exchange Holdem Poker: Dead Heat Rule

How Does the Dead Heat Rule Work With Exchange Poker?

The Dead Heat Rule applies to bets on Exchange Poker when there is more than one winner – i.e. the result is a draw or tie.

In these cases, the odd received by the backer are divided by the number of winners and the bet settled based upon the new odds.

For example:
Client A backs Hand 1 for ?100 at odds of 4.0. Both Hand 1 & 3 win, Client A bet is now calculated as ?100 at 2.0 odds and they receive ?100 in winnings.

Note as a result of the dead heat rule it is possible to receive less that your original stake during settlement of a game in which a dead heat occurs.

For example if Client A had backed Hand 1 for ?100 at odds of 1.2 and then both Hands 1 & 3 won, the total payout for this bet would be ?100 X (1.2/2) = ?60. A net loss of ?40 even though their chosen hand is a winner.

Alternatively, this can be viewed as the full amount paid to the digital odds divided by the number of dead-heaters. In the above example this would be 300 paid to 4.0/3 making 400 payout and 100 net winnings.

When the Dead Heat Rule is applied, determining whether a particular bet is a net winner or a net loser depends on the number of winners involved in the dead heat and the odds at which the bet was matched.