Player Exchange is an exclusive gaming framework that allows users to capitalise on their sports knowledge by trading on specific players.
Open the Real11 app and click on the “Player Exchange” icon.
Select a match from the Player Exchange section and select from the tournaments, which include T20s, ODIs, and Test, both at domestic and international levels.
Select “Fantasy Exchange” from the below given options.
For a particular game, the List of players will be displayed. Each one will have a pre-determined base price. These base prices are decided based on the players' past performances in live match conditions.
**The amount invested on a player gets refunded if the player is later not selected in the Playing XI.
Select Over, if you consider that the player will probably score more fantasy points than its base price.
Select Under, if you consider that the player will probably score less fantasy points than its base price.
You have the freedom to choose the number of player slots. As per your selection, the total amount invested amount will get updated.
Here you can track the Total Player Exchange i.e. Total Investment and Current Value.
*Total Investment is the amount that you have invested.
*Current Value is the present value of the cards you have traded upon. The player cards on which you have invested will be displayed in the list below. Under it, the Base Price and the Total Investment Value after purchasing slots will be displayed.
The “Closed Event” tab shows all the closed contests that you have participated in. The ‘Final Value’ is the amount that you have earned from a particular event.
The Result shows a differentiation on the top of the window. On the left side is the ‘Total Investment’ and on the right ‘Total Final Value’. After that comes the ‘Player Cards’ on which you have individually invested, its ‘Base Price’, ‘Investment’ and the ‘Final Value’.
** Maximum Winning amount will never cross the double of base price. Suppose the Base Price is ₹50, and the player has scored 150 Fantasy Points. Then the Maximum Winning will be ₹100 and not ₹150. (Not double than the base price)
Winnings Calculation
Once a Trade is closed, the distribution of winnings will begin according to the Fantasy Points collected by the Selected Player.
Example: If Player X's App-determined base price is ₹50. Then,
Case 1: If Player X scores 10 Fantasy Points:
Since,
Winnings= Base Price - (Base Price - Fantasy Points)
= 50 - (50-10)
= 50 - 40
= 10
Net Winnings : The user will incur a loss of ₹40 (Winnings - Base Price)
Since,
Total Winnings= Base Price + (Base Price - Fantasy Points)
= 50 + (50-10)
= 50 + 40
= 90
Net Winnings : The user will receive a profit of ₹40 (Winnings - Base Price)
Case 2: If Player X scores 60 Fantasy Points:
Since,
Winnings= Base Price + (Base Price - Fantasy Points)
= 50 + (60-50)
= 50 + 10
= 60
Net Winnings : The user will receive a profit of ₹10 (Winnings - Base Price)
Since,
Winnings= Base Price - (Base Price - Fantasy Points)
= 50 - (60-50)
= 50 - 10
= 40
Net Winnings : The user will incur a loss of ₹10 (Winnings - Base Price)
If a user has already won a contest but the match is cancelled later due to unavoidable circumstances then the winning amount will not be awarded but the entry fee will be refunded. This will also be followed in the case where the player is not included in the Player XI.
Player Exchange is an exclusive gaming framework that allows users to capitalise on their sports knowledge by trading on specific players.
Open the Real11 app and click on the “Player Exchange” icon.
Select a match from the Player Exchange section and select from the tournaments, which include T20s, ODIs, and Test, both at domestic and international levels.
Select “Run Exchange” from the below given options.
For a particular game, the List of players will be displayed. Each one will have a pre-determined base price. These base prices are decided based on the players' past runs in live match conditions.
**The amount invested on a player gets refunded if the player is later not selected in the Playing XI.
Select Over, if you consider that the player will probably score more runs than its base price.
Select Under, if you consider that the player will probably score less runs than its base price.
You have the freedom to choose the number of player slots. As per your selection, the total amount invested amount will get updated.
Here you can track the Total Player Exchange i.e. Total Investment and Current Value.
*Total Investment is the amount that you have invested.
*Current Value is the present value of the cards you have traded upon. The player cards on which you have invested will be displayed in the list below. Under it, the Base Price and the Total Investment Value after purchasing slots will be displayed.
The “Closed Event” tab shows all the closed contests that you have participated in. The ‘Final Value’ is the amount that you have earned from a particular event.
The Result shows a differentiation on the top of the window. On the left side is the ‘Total Investment’ and on the right ‘Total Final Value’. After that comes the ‘Player Cards’ on which you have individually invested, its ‘Base Price’, ‘Investment’ and the ‘Final Value’.
** Maximum Winning amount will never cross the double of base price. Suppose the Base Price is ₹50, and the player has scored 150 runs. Then the Maximum Winning will be ₹100 and not ₹150. (Not double than the base price)
**If a user has already won a contest but the match is cancelled later due to unavoidable circumstances then the winning amount will not be awarded but the entry fee will be refunded. This will also be followed in the case where the player is not included in the Player XI.
Once a Trade is closed, the distribution of winnings will begin according to the runs collected by the user.
Example: If Player X's App-determined base price is ₹50. Then,
Case 1: If Player X scores 10 runs:
Since,
Winnings= Base Price - (Base Price - Runs)
= 50 - (50-10)
= 50 - 40
= 10
Net Winnings : The user will incur a loss of ₹40 (Winnings - Base Price)
Since,
Total Winnings= Base Price + (Base Price - Runs)
= 50 + (50-10)
= 50 + 40
= 90
Net Winnings : The user will receive a profit of ₹40 (Winnings - Base Price)
Case 2: If Player X scores 60 runs:
Since,
Winnings= Base Price + (Base Price - Runs)
= 50 + (60-50)
= 50 + 10
= 60
Net Winnings : The user will receive a profit of ₹10 (Winnings - Base Price)
Since,
Winnings= Base Price - (Base Price - Runs)
= 50 - (60-50)
= 50 - 10
= 40
Net Winnings : The user will incur a loss of ₹10 (Winnings - Base Price)
If a user has already won a contest but the match is cancelled later due to unavoidable circumstances then the winning amount will not be awarded but the entry fee will be refunded. This will also be followed in the case where the player is not included in the Player XI.
We are pleased to inform you that we will be covering the 28% Goods and Services Tax (GST) on deposits for a seamless Real11 experience. This means that your entire deposit will go into your wallet without any deductions.
However, in order to bear this significant cost and sustain our service, we kindly request your support and cooperation in our decision to gradually convert your 'deposit into winning at a set percentage of your cash application. Currently, the Deposit Conversion rate is set at 20%. This means that after each gameplay, 20% of your deposit will be converted from your deposit balance to your winning balance.
We want to emphasise that this conversion will not affect your net winnings. Your winnings will still be transferred immediately and in full to your withdrawable balance.
We greatly value your loyalty to Real11. However, we have found that the practice of daily withdrawals followed by new deposits is unsustainable for us due to the burden of GST. Therefore, we have implemented this deposit conversion system to ensure the longevity of our service.
To help you understand the calculation, let's consider an example.
Suppose you deposited ₹1000 and joined a contest worth a thousand rupees. Upon successfully joining the contest, you then won ₹2000. Your net winnings of ₹1000 will be immediately transferred to your withdrawable balance (winning wallet/winnings). 20% of the remaining ₹1000 i.e. ₹200 will be credited to your winning wallet and the unused amount i.e. ₹800 will be credited to your deposit wallet.
Deposit Balance: *₹800 (Initial ₹1000 Deposit - ₹200 Deposit Conversion)
Winnings/Withdrawable Balance: ₹1200 (₹1000 Net Winnings + ₹200 Deposit Conversion)
Suppose you join a contest worth ₹2000 (₹800 Deposit Wallet + ₹1200 Winning Wallet) and win ₹4000. Your net winnings of ₹2000 and investment of ₹1200 from your winnings/withdrawable balance will immediately be transferred to your winnings/withdrawable balance.
20% strong of the remaining ₹800 i.e. ₹160 will be credited to your winning wallet and the unused amount to. (₹800 - ₹160 = ₹640) will be credited to your deposit wallet.
Deposit Balance: ₹640 = (₹800 Deposit after Case 1 - ₹160 Deposit Conversion)
Winnings/Withdrawable Balance: ₹3360 (₹2000 (Net Winnings) + ₹1200 (Investment used from withdrawable balance + ₹160 (Deposit Conversion))
We encourage you to continue playing on Real11 and enjoy our exciting sports gaming formats. Rest assured that after a few gameplays, your entire deposit will be in your winnings balance.
Note:(1) This conversion scheme is applicable to Player Exchange.
(2) The Deposit Conversion rate is subject to change in the future.
Thank you for your understanding and support.