Cash Out is not available at this moment.
Exchange Texas Hold'em is the fast, furious and new way to play Poker Texas Hold'em.
In this game you can see all four hands on the table, and bet on any of them to win or lose at any stage of the game; pre-deal, after the deal, after the flop and after the turn. There are no betting limits, and the minimum stake is just £1.
Remember, you're not actually playing the card game, you're betting on the outcome of other people playing the market.
The result of the game is determined by which hand is best within the predetermined rank system. See the Rules
The commission applied by Betfair on this game is 2.5%.
The commission charged by Betfair is applied only to the profit (i.e. net winnings) which you obtain in the game market so you only pay commission if you are successful in a given game market.
If you have a net loss on a game market you do not pay commission.
There are a number options available to you for customising your Texas Hold'Em experience.
You can change the game's betting view by using the View tab. You can further customise your game play in the Settings menu
You can view the Exchange Games FAQ here.
Each game of Texas Hold 'em may have up to four rounds of betting. Use your skill and judgment to recognise the best or worst hands and place your bets to Back or Lay a hand. You can BACK a hand to win or LAY one to lose.
In this game, you are betting against other players by either Backing one or more opened Lay bets (place by another/other player(s)) or by Laying one or more opened Back bets (placed by other players).
The bets which are matched with other bets are called "matched" bets and the bets which are not yet matched with other bets are called unmatched bets. A bet needs to be matched in order to be eligible to be won or lost.
The bets which remain unmatched at the end of a betting round will be automatically deleted when the next round begins.
The Back bets are those placed by clicking one of the Blue odds buttons. By Backing a hand, you are betting that that hand will win. You can also ask for better odds, by specifying your own odds when you place the bet. If there will be no bet(s) to be matched against your bet, then your bet will remain unmatched until the system will be able to automatically match it or until your unmatched bet will be deleted.
The Back bets are matched against the Lay bets.
The Lay bets are those placed by clicking one of the Pink odds buttons. By Laying a hand, you are betting that that hand will not win. You can also ask for better odds, by specifying your own odds when you place the bet. If there will be no bet(s) to be matched against your bet, then your bet will remain unmatched until the system will be able to automatically match it or until your unmatched bet will be deleted.
The Lay bets are matched against the Back bets.
The liquidity is the amount of money available for you to bet (back/lay) at the corresponding odds on the corresponding selection. You can bet all or part of that amount. If you bet more than the amount shown, the system will place the remaining stake as an unmatched bet available for others to take.
You will see the liquidity in the currency of your account if you are logged in and in GBP (£) if you are logged out.
The liquidity is displayed on the odds buttons of each selection on which you can bet.
Before the end of each round you will be able to place as many bets as you want to and you will be able to change or cancel your unmatched bets from that round as well.
At the end of the game the bets will be automatically settled and the winnings bets will be paid.
The rank system that determines the winning hand is as follows, with the highest first:
This game is based on the poker game commonly known as 'Texas Hold'em'.
Each game begins with 13 cards being dealt face down from a shuffled pack. 8 of the cards are paired to form 4 separate hands (these cards in the pairs are known as hole cards). The remaining 5 cards form a pool of community cards.
A first round of betting takes place whilst all cards are face down (the deal). Players bet on which individual hand they think will win the game. Bets can be placed to Back or Lay each hand.
At the end of the first round of betting, unmatched bets are cancelled and the pairs of cards forming the individual hands are simultaneously turned face up. There is then a second round of betting. Again, bets can Back or Lay each individual hand within the game (Pre-flop).
Each round of betting lasts for a set period of time. This period is indicated by the counter in the center of the screen. (Please note the counter is indicative only).
At the end of the second round of betting unmatched bets are cancelled and the first three of the community cards are turned face up ('the flop'). Another round of betting begins.
The end of the third round of betting unmatched bets are cancelled before the fourth card from the community cards is turned face up. (This card is sometimes known as the 'turn'.) Another round of betting then commences.
The fourth and final round of betting finishes with unmatched bets cancelled before the fifth and final of the community cards is turned face up (this is sometimes known as the 'river').
The result of the game is determined by which hand is best within the predetermined rank system. Should two hands be of equal standing then Dead Heat rules will apply.
Each hand may consist of the following:
Should two or more hands have cards or combinations of cards with equal standing and value then the value of the remaining cards in that hand is used to determine the winner (sometimes know as the kicker). Should one or more hands still be of equal values then dead heat rules will apply to the winning hands (sometimes known as 'splitting the pot').
Cash Out is a product from Betfair that allows you to lock in a profit or loss before waiting for the game round to finish.
Betfair do the math to offer you a value in real time of your current bets based on the odds currently available in your current game.
On Texas Hold’em, using a single click/tap you can cash out of all your bets placed and matched in the game.
Please see the below Example in which you can see a cash out opportunity to have a positive outcome in the game regardless of the game results.
The quoted Profit/Loss: £3.81 shows you the outcome in the event that you would take the cash out offer.
Enjoy and learn about Exchange Games by experiencing the 'Demo Play' version of this game - without spending your money!
Demo Play is an exciting way to learn the game rules and perfect your strategy. Demo Play offers a similar experience to the real game but with none of the risk.
The cards dealt, the sections offered, the odds presented and the round times are exactly as they are in the real version of the game.
However, in Demo Play, all the bets that you place are automatically matched and can be won or lost depending on the outcome of the game.
Demo Play is not played with real money, it is played with points. Therefore no currency will be used for displaying financial information like stake, liability, profit, loss or winnings. Demo Play points do not have a monetary value and these points cannot be converted to a real money equivalent.
The Demo Play points balance is updated in real time as you play. A refill of the Demo Play points balance will be made in these circumstances: