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The Dead Heat Rule applies to bets on Exchange Hold'em when there is more than one winner - i.e. the result is a draw or tie.
In these cases, the odds 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. |
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thank you
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