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The Philippines has a rich history of passion for sports. From the earliest days of sabong, boxing, to the modern day adoption of basketball as the national sport, the Filipinos have always been engaged in all forms of sport.

Xchangebet was born from a desire to give Filipinos a world class avenue for sports entertainment. By partnering with Betcris in 2016, we gave the country one of the finest international sports gaming platforms with a proven track record of success.

Today Xchangebet endeavours to continue innovating its product offering to offer the best in class in sports venues and sports entertainment for the discerning Filipino Sports Enthusiast.

The XchangeBet was launched in 2005 as a result of the agreement to supply the country's gaming juridical authority, PAGCOR, the first online betting exchange platform by Inter-active Entertainment Solutions Technologies, Inc. (IEST).

XchangeBet is an online betting exchange, also known as “peer-to-peer betting”. A betting exchange makes money by charging a commission, calculated as a percentage of net winnings for each customer on each event, or market. PAGCOR charges a 7.5% service fee or commission on each winning bet placed by the customer.

Product Offers :

The XBET-POS

Add a gaming system to complement your existing gaming operations for additional revenues. This gaming product creates customer loyalty and repeat patronage.

Product Desciption:

A peer-to-peer betting system that allows players to place bets on a variety of sporting and non-sporting events.

The XchangeBet Point-of-Sale (XBET-POS) is a risk-free, till-based cashier betting application which allow operators to offer their customers all of the betting markets the exchange has to offer.

The all-in-one product provides control of visual representation of markets for shop audience, simple and efficient touch-screen terminal bet acceptance, thermal betting slip printing, and barcode scanning reconciliation capabilities.

The XBET-POS is robust, customizable and scalable – the perfect solution to any shop’s needs.

BE AN XCHANGEBET OPERATOR!

You can become an XchangeBet Operator if you are an existing PAGCOR authorized gaming venue (Casino, Bingo Outlet, VIP, Poker Club, InstaWin Games Outlet, etc.). As an Operator, you are entitled to a share on the revenue based on the Commission on Winnings.

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Steps on how to become an Xchangebet Agent

Step 1: Application

  • Get an Application Kit

  • Submit requirements

Step 2: Site Inspection

  • PAGCOR will inspect your location for site qualification (the shop must be at least 200 meters away from schools and places of worship, and 300 meters from an existing InstaWin Games Outlet).

Step 3: Site Preparation

  • Once site is approved, commence site renovation or construction.

  • Purchase and configure necessary hardware and other technical requirements.

  • Pay the setup fees.

Step 4: Activation/Operation

  • We activate your account and install the games on the terminals and/or deploy the gaming terminals.

  • PAGCOR will issue you a Certificate to Operate.

  • Launch!

For more information:

Call the Online Gaming Unit - Gaming Department at (632) 521-1542 local 384/385 for details. Contact person: Mr. Gerardo Paulino on Gaming Department of PAGCOR. You may also contact the IEST at (632) 856.3394 or visit www.instawin.com.ph for more information or http://www.pagcor.ph.

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