What happens to the bets, if there is postponed or cancelled match?

November 15, 2021 0 By Oha

Postponed or Cancelled match What happens to the Bet?
If a bet contains a postponed or Cancelled match what happens to the bet? and different scenario for single and multi bet.


Postponed or Cancelled match What happens to the Bet?

Intro for Postponed or Cancelled match What happens to the Bet?: If a bet contains a postponed or Cancelled match what happens to the bet? and different scenario for single or accumulator bet.
Either because of weather or because some trouble before the match, a match can easily be cancelled or postponed. What happens to a Bet that has a cancelled or postponed match?
The term VOID , whose translation from English means ” Empty / Null “, was initially used in the context of sports betting to indicate a canceled event, for example for the postponement of a football game.

Following the cancellation, the bettor will not get a profit or a loss, it is simply as if he had never played .

In this case there are two other situations, the bet can be entirely in VOID so it is completely canceled or, in the case of an accumulator bet with multiple events, the event went void will be treated as if it had never existed and the others will remain valid leave .

For example, if 5 games have been played in a multiple bet and an event goes in VOID then the coupon will remain valid with the other 4 matches. Bet can contain any type, either 1×2, GG/NG or O2.5 bets,

Then there is a second case for the use of the term VOID which happens when trading on the exchange closes without a profit like betfair.

For example, if we open a position by banking a share and then close it later without obtaining a profit or a loss we will have a void, often this situation occurs when creating recovery hedges to offset trading started negatively