Canceled Bets: When They Are Given And Keys To Take Into Account

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If you have bet on an event that has been postponed or suspended, the usual thing is to resolve the bet as void, also if it is within a combined bet, unless the new date on which it will be played is known.

What happens when a sports event we have bet on is suspended? Although we should differentiate between postponement (to another date) and suspension (not played), it is a very common doubt among bettors since, after all, their money is what is at stake. Surely the conditions are not the right ones. The same from one game to another: some players recover, who is injured, penalties, the trends of the teams are reversed. So we are going to solve what happens with canceled or void bets.

Bets canceled

Whenever we place a bet, we are convinced that it will go ahead and the event will take place; we do not think about a possible suspension or postponement of the match or race. Nor do we think that the bookmaker will act, let’s say of its own motion, canceling the bet, although it is true that many times we can sense errors in the odds. However, chance also plays a very important role in our bets, and in the same way that it can be decisive for the outcome of the bet, it can also be that chance intervenes in its resolution.

Postponed events

Every bookmaker is different, and we should read the bookmaker’s terms and conditions, the fine print. Although we must consider the bookmaker and the sport we have bet on, some variables must be taken into account. For example, some bookmakers apply the “three-day rule”: keep bets on postponed events if played in the next 72 hours.

Void bets

At this point, it is convenient to look at our glossary and remember what a void bet is. We speak of a void bet when the bet cannot be resolved. We have just seen the bets on events that have not been played, but we can also find void bets on events that end, for example, Asian handicaps or goalscorer bets if the player in question has not played. Void bets are resolved by returning the amount wagered to the player.

 

 

Withdrawn

In individual sports such as tennis or badminton, a bet can be cancelled or suspended in the middle of a match: it starts to rain, there is no light, a player quits. Each bookmaker acts differently. Some cancel the bet, others are based on the first set, and others go further and count until the last ball is played. At the risk of being repetitive, the house T&C indicates what happens to tennis bets if a tennis player abandons.

Void bets with combinations

We can also find the situation in which the suspended match or event has been included in a combined bet with other events that have been carried out. Again, you have to check each bookmaker’s terms and conditions, but the usual thing is to consider that selection void. Thus, a combined with four games of which only three have been played will become combined with three teams.

Invalid bets

They are probably the least common cause, but technical errors can occur that lead the bookmaker to invalidate the bet, declaring it void. As we say, it is very strange that it happens, and the examples are few. They can occur when we make a combined bet on two incompatible markets in the same event, for example, “Both score and -1.5 goals” using the Create Bet function, when a team is not well identified or if a competition such as It happens in the tennis masters when a substitute tennis player appears occupying the place of one who has lost.

Odds in fees

Beyond suspensions and postponements, we can find that the bookie itself cancels the bet. Many times they are due to their own problems in the fees, some more striking than others. We try to bet, taking advantage of its value, but before the event is played, they cancel the bet. We can also find bookies that recalculate the odds, which can be worse for the user since they do not find much value in the bet. That is why it is important, when we can, to indicate that we do not accept changes in downward fees.