What is Swap in Poker?

A swap is an agreement between players in the same tournament or cash game, in which the players swap a percentage of each’s winnings in the event.

For example, if Doug and Ryan agree to a 10 percent swap in the WSOP Main Event, Doug cashes for $50,000 and Ryan cashes for $100,000, Ryan owes Doug $5,000 on the swap agreement (Doug gets 10 percent of Ryan’s $100,000, and Ryan gets 10 percent of Doug’s $50,000).

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