When you see your bet marked as "Void", it essentially means that your bet amount is returned to your balance. If you have a multi bet where one of them is. In sports betting, a "void bet" means that a bet will no longer pay out and you will get your original wager returned to you. For instance - let's say that you. What Does A Void Bet Mean? The simple explanation is it is a cancelled bet that results in you getting your stake returned. Reasons Why Bets Might Be Voided. The basic description of a what does void mean on sports bet bet is a confirmed bet that has been struck between a punter and a bookmaker that is subsequently cancelled. A void bet is.
Sports betting enthusiasts are often familiar with terms like odds, spreads, and payouts. However, one term that can sometimes cause confusion is "void." What exactly does it mean when a bet is declared void in the world of sports betting?
When a bet is marked as void, it essentially means that the wager is canceled, and the stake is returned to the bettor. This can happen for a variety of reasons, including:
1. Non-occurrence of the Event: If the sporting event on which the bet was placed does not take place or is postponed, the bet may be declared void.
2. Disqualification: In cases where a participant or team is disqualified after the bet has been placed, the bet may be voided.
3. Technical Errors: Sometimes, technical errors or glitches can occur that impact the outcome of a bet. In such situations, the bet might be voided.
Understanding what void means in sports betting is crucial for bettors as it affects their potential winnings. When a bet is voided, the stake is returned, and the bettor neither wins nor loses the wager. It essentially nullifies the bet and allows bettors to place a new wager with their original stake.
While a void bet may initially seem disappointing, it is a necessary component of maintaining the integrity and fairness of sports betting. By voiding bets under specific circumstances, operators ensure that bettors are treated fairly and that unforeseen events do not unfairly impact the outcome of their bets.
So, the next time you come across the term "void" in sports betting, remember that it is not necessarily a negative outcome. Instead, it serves as a mechanism to protect both bettors and operators in the dynamic world of sports gambling.
Can you still win a void bet? When a bet is voided it is essentially as if it never happened. You don't win anything but equally you don't lose anything and the bet is entirely null and, well, void.
What happens if one leg of a multi is void? Same Game Multi bet: If one or more of your legs are voided in your Same Game Multi, your bet will be cancelled and the stake refunded.
What happens if one bet in a parlay is void? If, as part of a parlay bet, an individual selection is void, then the individual selection will be excluded from the parlay bet, and the odds of the parlay bet will be recalculated to reflect the remaining selections in the parlay bet.
Why did sportsbet void my bet? The player does not play in the match. Abandoned & postponed match. Cancelled Event. Event declared a No Contest.
Why does my bet say void when I won? A void bet is, in other words, a bet that has been refunded. This may happen for a number of reasons including but not limited to: The game wasn't played. The game didn't complete the required period of play for action.
What does void mean on my parlay? A void bet is, in other words, a bet that has been refunded. This may happen for a number of reasons including but not limited to: The game wasn't played. The game didn't complete the required period of play for action. A player didn't start.
What happens if one leg is void on sportsbet? Essentially, when a bet is voided Sportsbet will refund the stake unless it is in a multi or Same Game Multi. Single Bets – Stake refunded back to your account. Multi Bets – Voided leg will be removed from the multi, and the odds will be recalculated on the remaining legs.
What happens if part of my parlay gets voided? If that voided leg means that an individual bet within a parlay becomes a single bet, then this single bet will stand. Same Game Parlays (SGP's) will be settled in the same manner. If a selection within the wager is voided, the wager odds will be re-calculated using the remaining legs.
Can you still win a parlay with a void? If your bet is voided, your stake will be refunded, which means that, while you won't win any money from it, you aren't losing any money either.
Why does it say void on my parlay? A void bet is, in other words, a bet that has been refunded. This may happen for a number of reasons including but not limited to: The game wasn't played. The game didn't complete the required period of play for action.
What happens if your bet is void? A void bet is where you place a bet on a market and for whatever reason either the game or the market that you've just bet on is cancelled. The good thing about a void bet is that you are protected as a punter. So, if the bet is void, then you will get your stake refunded.
Do you get a free bet back if its voided? What happens if you've used a Bonus Bet and your bet is voided? Your Bonus Bet will return to your account unless it has already expired.
Why did my bet get voided? A void bet is, in other words, a bet that has been refunded. This may happen for a number of reasons including but not limited to: The game wasn't played. The game didn't complete the required period of play for action.
What happens if one leg of a parlay is void? If one or more legs of a Same Game Parlay is voided, the Same Game Parlay will be cancelled and the stake refunded. CAN I USE BONUS BETS AND CASH OUT ON A SGP? Yes, you can use Bonus Bets on a Same Game Parlay, however, you won't be able to use Cash Out on SGP wagers placed with a Free Bet .
Do you still get your bet if one leg gets voided? When it comes to voided leg or legs in a same game multi, its important to understand the difference between a regular multi bet and same game multi in terms of settlements. Same Game Multi bet: If one or more of your legs are voided in your Same Game Multi, your bet will be cancelled and the stake refunded.
When this happens, unsettled markets become void. But the issue arises in when the bookmaker states that a bet will be voided and when they stand. For example, a bookmaker has in their terms that there needs to be at least 1 full set played before a result can be called the result will be the player that advances to the next round.
But, after just 2 games, a player gets injured and retires. Given the bookmakers terms, the match has not been settled as 1 set has not been played, so therefore the bet will be voided, and stakes returned. The timeframe that they void is what is different with so many bookies.
You can get 1 set, 2 sets, 3 sets or a full conclusion of match needed for the cut off point for voided bets and the bets being settled. When this occurs your settled bet stands, whether you have won or lost. A typical example might be in a football match where you bet on the first goalscorer of the game. The player you picked scores and the bet wins. But later the game gets called off.
Your bet will still stand and will be deemed a winner note that it would also stand as a looser if the bet had lost. You place the bet, but the market becomes void before it has been settled. If this happens then more often than not you will lose your free bet. However, there are some bookies that will refund your free bet for you.
Whilst they are often pretty strict with terms, if you get in touch and be super endearing with them, we have known them to reactive void bets as free bets on rare occasions, but this takes a certain amount of charm, so be warned. For example, with acca insurance the bookmaker refunds your stake if you choose a minimum number of selections usually 5 and up and one of those selections loses to let you down remaining picks all have to win.
Whilst rare, it does occasionally happen that bigger bets are made void. Here we have a look at a couple of noteworthy situations that caused a bit of an uproar at the time. There were 39 in the game, but Sportsbet later voided the market citing that they had made a mistake with the odds, similar to the palpable errors we spoke about earlier in the article.
Whilst technically the bookmaker were within their terms and guidelines, the bookmaker has been heavily criticised by punters and people within the industry for how they went about their business and voiding the market. What does void mean on sports bet But Ladbrokes later broke the news to the unlucky punter that they were not able to accept accumulator bets on these markets, even though the bet had already been accepted.
Instead, the bet had to be voided and changed into single bets. What Is a Void Bet. Why Do Bets Become Void. Here is a list of factors that can cause a void bet: Postponement — The most obvious and also most common is the postponement of a match or race. In the UK, this usually has something to do with the weather, but it can also be other things, such as terrorist attacks or crowd trouble.
Palpable Error — This is where the bookmaker has made an error, often in regards to the odds on offer. However, it is worth noting that you can appeal palpable errors if you think that the voiding of the market was unfair. Our accumulator bet still stands, but we remove the West Ham odds to get the following: 1. The same thing works for full cover bets, such as Lucky 15, Lucky 31 and Lucky 63 bets.
These are basically just extensions of accumulator bets to include a host of different ones. For example, a Lucky 63 bet includes 6 single picks, if one gets removed then it would move to 5 picks, which is a Lucky 31 and so on. The short answer to this is no. You see, some bookies will only temporarily void a bet.
Bookmakers often set slightly different timeframes as to when they will part and full void. Another sport that differs greatly is that of tennis. With tennis, players often get injured, which means that can retire from a match, mid-match at any point, usually through injury. When this happens, unsettled markets become void.
But the issue arises in when the bookmaker states that a bet will be voided and when they stand. For example, a bookmaker has in their terms that there needs to be at least 1 full set played before a result can be called the result will be the player that advances to the next round. But, after just 2 games, a player gets injured and retires.
Given the bookmakers terms, the match has not been settled as 1 set has not been played, so therefore the bet will be voided, and stakes returned. The timeframe that they void is what is different with so many bookies. You can get 1 set, 2 sets, 3 sets or a full conclusion of match needed for the cut off point for voided bets and the bets being settled.
When this occurs your settled bet stands, whether you have won or lost. A typical example might be in a football match where you bet on the first goalscorer of the game. The player you picked scores and the bet wins. But later the game gets called off.
Your bet will still stand and will be deemed a winner note that it would also stand as a looser if the bet had lost. You place the bet, but the market becomes void before it has been settled. If this happens then more often than not you will lose your free bet.
However, there are some bookies that will refund your free bet for you. Whilst they are often pretty strict with terms, if you get in touch and be super endearing with them, we have known them to reactive void bets as free bets on rare occasions, but this takes a certain amount of charm, so be warned. For example, with acca insurance the bookmaker refunds your stake if you choose a minimum number of selections usually 5 and up and one of those selections loses to let you down remaining picks all have to win.
Whilst rare, it does occasionally happen that bigger bets are made void. Here we have a look at a couple of noteworthy situations that caused a bit of an uproar at the time. There were 39 in the game, but Sportsbet later voided the market citing that they had made a mistake with the odds, similar to the palpable errors we spoke about earlier in the article.