X-Change Poker

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Transcript of X-Change Poker

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SYSTEM:

 BETFAIRXPOKER

http://www.betfairxpoker.com 

Copyright © Betfairxpoker

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Table of Contents

OPEN A BETFAIR ACCOUNT PAGE 3

INTRODUCTION PAGE 5

 NORMAL POKER V POKER EXCHANGE PAGE 6-12

THE SYSTEM PAGE 13-21

STAKING PLAN PAGE 22

CONCLUSION PAGE 23

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Openning a Betfair Account

If you haven’t yet opened a Betfair account, I will now run through the

steps to open your account and receive your free £20 bet.

Betfair is the biggest and best betting exchange. They have a huge range of 

 betting markets and users so there is never a problem of getting your bets

matched. Not only that but Betfair will give new account holder £20 free

 plus a bonus payment after three months of an amount which depends on

your betting activity over those first three months.

See the terms and conditions when opening your Betfair account.

Important

You must enter the code (which is below) when opening your account in

order to be eligible for the free £20 and bonus. Unless you enter the code

correctly (or open your account without the code; you wont get your 

freebies)

1)To open your Betfair account:

2) Go to http://www.betfair.com/ 

Click the “Join now” link at the top of the page

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3) Enter your details in to the Pop-Up Screen

4) Enter the code ADQAAEKGE in to the Refer and Earn box (See screen

shot below) and click “next” to continue with the account opening process.

Remember, you MUST enter the Refer and Earn Code in full and correctly,

ADQAAEKGE.

If you do successfully open your Betfair account using the above code, then

Betfair will:

•  £20 will be credited to their account within 48 hours once they have

 placed matched bets to the value of £20

•  A reward at the end of three months based on the amount they bet

Please refer to the Betfair terms and conditions when opening your 

account, or afterwards log-in to your account and click the refer and earn

link.

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Introduction 

Thank you for purchasing BetfairXPoker system. The objective of this

system is to provide a method which identifies when to bet, when not to bet

and how much to bet in order that a profit may be made on the poker 

exchange game.

One word of caution before we begin: The system is based upon a

statistical model and has been designed to win consistently over the long-

term. However, no system is perfect and this system is no exception. As

such short-term losses are possible.

The method is not difficult to understand, but you need to follow it step by

step in order to make it work for you.

It’s important that you stick to the system and your targets. Do not deviate

from them and remain disciplined.

Initially, bet the minimum stake allowed by the Poker Exchange (£2/4€)

until you have built up your confidence, experience and expertise.

When you start feeling confident, increase the size of your bets slowly.First learn to walk, than learn to run.

 Now let’s get you making money on poker exchange.

Good Luck 

Ricardo Panazeite

http://www.betfairxpoker.com 

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Normal Poker VS Poker Exchange

Normal Poker 

The dealer shuffles a standard 52-card deck.

(In casinos, the dealer never plays. A round disc -- known as a "dealer 

 button" -- moves clockwise from player to player with each hand. The

 button marks which player would be the dealer if the deal were advanced

from player to player as the game went along.)

Most Texas Hold 'Em Poker games start with the two players to the left of 

the dealer (the button) putting a predetermined amount of money into the

 pot before any cards are dealt, ensuring that there's something to play for 

on every hand. This is called "posting the blinds." Most often, the "first

 blind" -- the player to the left of the dealer -- puts up half the minimum bet,

and the "second blind" puts up the full minimum bet.Each player is dealt two cards, face down. These are known as the "hole

cards."

Betting Begins

A round of betting takes place, beginning with the player to the left of the

two who posted the blinds. Players can call, raise, or fold when it's their turn to bet.

The Flop

After the first betting round, the dealer discards the top card of the deck.

This is called burning the card and is done to ensure that no one

accidentally saw the top card, and to help prevent cheating.

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The dealer then flips the next three cards face up on the table. These cards

are called the "flop."

 NOTE: Eventually, a total of five community cards will be placed face up

on the table. Players can use any combination of the community cards and

their own two hole cards to form the best possible five-card Poker hand.

After the flop, another round of betting takes place, beginning with the

 player to the left of the dealer (the button). During this and all future rounds

of betting, players can check, call, raise, or fold when it's their turn to bet.

Fourth Street

The dealer burns another card and plays one more face up onto the table.

This, the fourth community card, is called the "turn" or "Fourth Street."

The player to the left of the dealer (the button) begins the third round of 

 betting.

Fifth StreetThe dealer burns another card before placing the final face-up card on the

table. This card is called the "river" or "Fifth Street."

Final Betting and The Winner

Players can now use any combination of seven cards -- the five community

cards and the two hole cards known only to them -- to form the best

 possible five-card Poker hand.

The fourth and final round of betting starts with the player to the left of the

dealer (the button).

After the final betting round, all players who remain in the game reveal

their hands. The player who made the initial bet or the player who made the

last raise shows their hand first.

The player with the best hand wins.

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Standard five-card Poker hands are ranked here in order of strength, from

the strongest Poker hand to the weakest.

Five Card Poker Hand Values for High

Royal Flush: An Ace, King, Queen, Jack and Ten in the same suit.

In the event of a tie: Two or more Royal Flushes split the pot.

Straight Flush: Five cards in sequence, of the same suit.

In the event of a tie: Highest rank at the top of the sequence wins.

Four of a Kind: Four cards of the same rank, and one side card.

In the event of a tie: Highest four of a kind wins. In community card games

where players have the same four of a kind, the highest fifth side card

("kicker") wins.

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Full House: Three cards of the same rank, and two cards of a different,

matching rank.

In the event of a tie: Highest three matching cards wins the pot. In

community card games where players have the same three matching cards,

the highest value of the two matching cards wins.

Flush: Five cards of the same suit.

In the event of a tie: The player holding the highest ranked card wins. If 

necessary, the second-highest, third-highest, fourth-highest, and fifth-

highest cards can be used to break the tie.

Straight: Five cards in sequence.

In the event of a tie: Highest ranking card at the top of the sequence wins.

 Note: The Ace may be used at the top or bottom of the sequence, and is the

only card which can act in this manner.

Three of a kind: Three cards of the same rank, and two unrelated side

cards.

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In the event of a tie: Highest ranking three of a kind wins. In community

card games where players have the same three of a kind, the highest side

card, and if necessary, the second-highest side card wins.

Two pair: Two cards of a matching rank, another two cards of a different

matching rank, and one side card.

In the event of a tie: Highest pair wins. If players have the same highest pair, highest second pair wins. If both players have identical pairs, highest

side card wins.

One pair: Two cards of a matching rank, and three unrelated side cards.

In the event of a tie: Highest pair wins. If players have the same pair, the

highest side card wins, and if necessary, the second-highest and third-

highest side card can be used to break the tie.

High card: Any hand that does not qualify under a category listed above.

In the event of a tie: Highest card wins, and if necessary, the second-

highest, third-highest, fourth-highest and smallest card can be used to break 

the tie.

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The Poker Exchange

The Poker Exchange is a four handed computer simulation of Texas Hold

'em. Its available 24 hours a day, 7 day per week. Each hand is randomly

generated, by a computer programme, as are the community cards.

The main difference between “normal” poker and the Poker Exchange is

that on the Poker Exchange there are no players, only observers. In normal

 poker, a player may only view their own cards and community cards. On

the Poker Exchange, all four hands are revealed. As such, the objective isn't

to win, as in normal poker, but to back to winning hand and/or all of the

three losing hands.

At each stage of the play, odds to bet and lay each of the four hands are

displayed by the simulation.

Another major difference between normal poker and the Poker Exchange is

that, in normal poker, bets must be made at each stage of the game. On the

Poker Exchange, betting on a hand is allowed at one or more stages in the

game. In addition, betting one more than one hand is permissible as is

laying more than one hand. Arbitraging one or more hands, betting on a

hand to win and laying the same hand to lose, is also permissible.

Given that the exchange is a computer simulation, and therefore devoid of 

human intervention, folding is an excluded function. As such, the winner of 

the game is not usually declared until the river card is revealed. The term

usually is used because hands, which cannot possibly win are eliminated at

the earliest possible stage in the game.

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As was stated earlier the option to back or lay any hand, at any time in the

game exists. It’s therefore possible to place a bet on a hand after the cards

have been dealt but prior to any cards being revealed. This action is

considered to be a totally random act since the outcome of a bet is totally

reliant upon luck. It is therefore not to be recommended.

Following the dealing of the cards comes the “preflop” stage where the two

cards hold by each of the four hands are revealed. The community cards, at

this stage, are not visible.

Once a bet has been placed, it remains in effect until the game is ended,

further bets may be placed at any stage of the game. Again, they will

remain in effect until the game is ended.

At the end of the game, all bets are settled and funds either credit to the

debited from, the players accounts.

As a consequence of all four hands being revealed on the Poker Exchange,

observers are able to take advantage of cards that have already been dealt.

 Not that Betfair retains a maximum of 2,5% commission on all winnings on

Poker Exchange bets in order to cover theirs costs and provide a profit

margin. The commission rate, however, varies according to the betting

activity of the individual.

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THE SYSTEM

This is the part that everyone wants to read. Now I will show you how easy

it’s to make a living of Betfair Games. When I first started developing this

system, it became apparent just how important knowing the pre flop cards

of each hand and realised that the key to winning was understanding the

strength, or weakness of each hand.

So after losing hundreds of hours analysing the pre flop cards strength and

weakness I finally develop this system that has three laying pre flop picks

(why do I say pick? Well because I take in consideration every card in

play and only then I decide to bet) and one backing pick on the flop.

1st

- Laying pre flop pick 

Rules:

•  All hands must have different cards;

•  The favourite can only have 1 over card;

•  If both above condition are true the we are going to lay the favourite;

•  Backing the Favourite on the flop:

  If back odd is bigger then 2.00 we back maximum 2/3 of the

of the amount laid pre flop, so we can green up;

  If odd is less then 2.00 we should back the same amount that

we laid pre flop.

Let’s see a example on the next screenshot in the next page.

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 Now let’s analyse:

  All hands have different cards so one part of the rule is true in

this hand;

  Hand 1 is the favourite and it only has one over card the Jack 

of diamonds;

  So both rules are true can now lay €60 on Hand 1. Now the

next step is to back the and on the flop according to the rules;

  If back odd is bigger then 2.00 we back maximum 2/3 of the

of the amount laid pre flop, so we can green up;

  If odd is less then 2.00 we should back the same amount that

we laid pre flop.

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We can see now that the odds of Hand 1 went up to 4.9 now according

to the rules we must back the hand 2/3 or less so we can green up. The

total bet here was €40, but if we where using a hedge calculator we

could have betted less. Normally I don’t use a hedge calculator but if you need one try this site http://www.betcalc.com/backlaycalc.php .

2nd

- Laying pre flop pick 

Rules:

• There must be one hand and only one with the same high card of thefavourite hand, all other cards must be different;

•  There must be one hand with 1 card higher then the 2nd of the

favourite hand ;

•  If both above condition are true the we are going to lay the favourite;

•  Backing the Favourite on the flop:

  If back odd is bigger then 2.00 we back maximum 2/3 of the

of the amount laid pre flop, so we can green up;

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  If odd is less then 2.00 we should back the some amount that

we laid pre flop.

 Now let’s put it to perspective:

  Hand 3 is the favourite and the hand high card is the Ace, Hand 2 got

the same Ace and all other cards in the others hands are different;

  The second card of Hand 3 is a Queen, so we need a card higher then

that one and we got one in Hand 1 a King of Hearts;

  So both rules are true can now lay €60 on Hand 3. Now the next step

is to back the and on the flop according to the rules;

 If back odd is bigger then 2.00 we back maximum 2/3 of the of theamount laid pre flop, so we can green up;

  If odd is less then 2.00 we should back the same amount that we laid

 pre flop.

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 Now look at the screenshot above. The odds have risen to 12.9 so all we

needed to was to back Hand 3 with €15. That makes us a total profit of €45.

3rd - Laying pre flop pick 

Rules:

•  There must be a hand with a pocket pair with odd less then 4;

•  The other 3 (it must make a total of 9 or more outs all hands

together) hands must have at least 4 cards higher then the pocket

 pair;

•  If all the above rules are true we lay the hand on the pre flop;

•  Backing the Favourite on the flop:

  If back odd is bigger then 2.00 we back maximum 2/3 of the

of the amount laid pre flop, so we can green up;

  If odd is less then 2.00 we should back the same amount that

we laid pre flop.

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 Now let’s put it to perspective:

  Hand 3 is a pocket pair of 3s with odds less then 4;

  In the other 3 hands we got 4 cards higher then 3 and we go 10 outs;

  Outs count 4+4+A+A+J+J+J+8+8+8= 10 outs;

  So both rules are true can now lay €60 on Hand 3. Now the next step

is to back the and on the flop according to the rules;

  If back odd is bigger then 2.00 we back maximum 2/3 of the of theamount laid pre flop, so we can green up;

  If odd is less then 2.00 we should back the same amount that we laid

 pre flop.

Let’s look at the next screenshot on the next page.

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 Now look at the screenshot above. The odds have down to 2.49 so all we

needed to was to back Hand 3 with €40. That makes win €20 or lose

 €71,20. But we got good outs, remember to follow the rules don’t deviate

from then. Let’s look at the turn.

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The odds went way up with the 8 on the turn in this situation we can Green

up or let it go to the river this way it’s up to you. I normally let the river 

come.

Finally the last picking method, in this pick we will back a hand on the

flop.

Rules:

•  The hand must be a pocket pair that made a three of a kind on the

flop;

•  There must not be any straight or flush possibility on the turn;

•  We are going to back the and on the flop;

•  On the turn we are going to lay the hand with the same amount

that we betted on the flop.

Just see the example in the screenshot on the next page.

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 Now let’s analyse:

  Hand 1 as a pocket pair of 8s and made the three of a kind on the

flop;

  We go a Ten of clubs and a Jack of clubs but there’s no hand with 2

clubs so no flush draw in the turn;

  The board is Ten of clubs, Eight of diamonds and Jack of clubs, this

means for a straight on the turn we need a 9 or a Q in one of the

hands, there’s no hand with that card so we are good to go.

Let’s look at the flop:

The lay odds dropped to 1.03 so all we needed to do is Lay Hand 1 with

 €60. That makes us a total profit of €10.20.

All you have to do now is study all 4 picking methods, because the more

you are able to identify the more you will profit.

I have now revealed all my secrets, now remember to follow all the rules

and don’t deviate from then. You are now set to finally achieve your 

financial freedom.

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Staking Plan

A staking plan is just as important as a system. In fact, in some ways the

staking plan is even more important than the system. A good staking plan

can often make up for the short-comings of a system.

It is recognised that each of us is unique and that some people are cautious

whilst others are less. I’m a cautious so my Staking Plan inst very

aggressive.

So I recommend so for a €6 (3%) lay I would recommend a €200 bank but

I manage at start with a €100 so it’s up to you to decide. I now it’s a small

amount but I did went from €100 to my actual €6000 bank. All it takes is

determination, and remember do not deviate from the system and staking

plan and remain disciplined.

If you happen to hit a winner don’t chase a loss by rising the stakes, keep

trading and you will get your money back. Using a martingale system will

 just blow your bank.

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CONCLUSION

I have been using this system for about 7 month and made over €29000 in

 profit. I’m now making about €7000 a month, pretty good for a starting

 bank of €100.

All it takes for you to achieve the same result is determination, and most

important do not deviate from the system and staking plan!

You should start by using Standard Poker mode and only when you have

mastered the system you should move to Turbo mode. Remember first

learn to walk, and then learn to run.

Keep these basic steps in mind, and you will achieve success.

Once again thank you for buying my system.

Good luck and happy profiting!

Ricardo Panazeite

http://www.betfairxpoker.com