Unmatched bets are cancelled when the market is halted. The market will halt at the start and the end of the event, as well as when a material event occurs in markets managed by Instant Match. In horse racing, the market will halt whenever a reduction factor is applied due to a non-runner being removed from the race.
What happens if a bet is unmatched Smarkets?
Bets need to be matched in order to stand. Once a bet has been matched, it cannot be cancelled. … The unmatched portion can either be cancelled manually in the ‘Your Bets’ section, or will be cancelled automatically the next time the market halts.
What is an unmatched bet Smarkets?
The Smarkets ‘keep bets in-play‘ feature allows users to leave their unmatched bets live once the market goes in-play – giving them more opportunity to be matched at the price they’ve requested. Normally unmatched bets are automatically cancelled when the market is halted just before going in-play.
How do I cancel unmatched bet on Smarkets?
To cancel an unmatched or partially matched bet, simply click the ‘X’ to the right of the bet you wish to cancel.
How do you void a bet?
You have placed a bet on a player to score the first goal in a match, but he gets injured during the warm-up. Because he played no part in the game and you had no chance to actually win the bet, your bet will be declared void and your stake will be refunded.
Why is a bet void?
Human Error. You may also find that a bet is voided by a bookmaker because it was taken in error. … For example, if a bet is taken after the start of an event and something has occurred that will quite clearly change the likely outcome, the bookmaker is entitled to void the bet.
How do I fix an unmatched bet?
How to fix an Unmatched Bet
- Click ‘cancel unmatched bets above’ – the grey box in the bottom left corner of the betslip (on Smarkets, this is the red cross).
- Go back to the calculator and re-enter the lay odds to display what they’re now showing on the exchange.
- Place your lay bet as normal with the new stake amount.
How do you know if your bet will be matched?
How Do I Know My Bet Is Matched? When a bet is matched, it simply means two people have agreed on a stake and amount of liability. You will know this has occurred because matched and unmatched bets appear in separate sections of the bet slip. In this example, we have placed two Back bets.
How do you trade in smarkets?
To trade out a bet, open the sports event you placed a bet on. Next, find the green TO symbol next to the bet you placed on Smarkets. Click on the TO symbol, and click on Trade Out and Smarkets will automatically calculate and place a back bet for you that will lock in your profit / loss.
Can you cash out smarkets?
Trade out function on Smarkets
If you want to calculate a trade out quickly, Smarkets now has a Trade out button, which allows users to lock in a profit or cut losses per contract both pre-game and in-play at the click of a button.
Can you cash out a lay bet?
Lay Betting Requires Cash
It can be substantially more than you stand to win depending on the odds. This is not the case if you have already backed the bet on the same exchange though. In this case they will adjust the overall return from both bets depending on the amount that you are set to win from each result.
How do I cash out my bet on smarkets?
How to cash out on Smarkets. When available, you’ll see the green ‘Trade Out’ button next to the market on which you bet on. Simply click the button and you have the option to confirm the cash out at the given price. You can trade out on both pre-match and in-play bets.
Can bet365 void bets?
If you have placed a multiple bet, your bet will stand with the remaining selections. An abandoned or postponed match will be deemed void, regardless of it being rescheduled for another date, unless specifically mentioned.
What happens if a match is void?
If you backed a postponed match in a single bet, the bet is void and the stake will be refunded. If you backed a postponed match in a double bet, the bet will revert to a single on the remaining selection. If both selections are postponed, the bet is void and stake will be refunded.