What is Bet Settlement and a Void Bet?
Definition: Bet settlement is the process of grading bets as won, lost or void once the result is known, and updating player balances. A void bet is cancelled and the stake is returned.
How settlement works:
- The official result arrives through the data feed.
- The platform grades each bet on the affected markets.
- Winnings are credited to the player wallet automatically.
- Disputed or unclear results go to manual review.
Common reasons for a void bet:
- The event is cancelled, abandoned or postponed beyond the time set in the rules.
- An obvious pricing error.
- A whole-line market where the result lands exactly on the line.
In accumulators: under standard sportsbook rules a void selection is counted at odds of 1.00 and the rest of the bet stands.
