If an event is suspended, abandoned, or postponed and does not resume within 48 hours of the original start time, bets will generally be voided and canceled, unless specified otherwise in the Rules & Regulations. Markets that have already been unconditionally determined will be settled as per the outlined rules, and the decision to void bets under these circumstances is final, regardless of official rulings by referees or governing bodies.
For Parlay bets, the overall parlay will remain valid, but any selection affected by the voided event will be treated as void, with the payout for that selection calculated as (1).
The Cash Out feature allows bettors to settle their wagers before an event concludes, providing flexibility to secure potential winnings or minimize losses based on real-time outcomes.
Steps to Use Cash Out
- Check Eligibility: Only matches marked with the “Cash Out” icon are eligible for this feature.
- Access Cash Out Options: Go to “Statement” and check the box to view eligible tickets for Cash Out across different matches.
- Locate the Cash-Out Button: Each eligible ticket will display a “Cash Out” button along with the current Cash Out amount.
- Choose Cash Out Amount: Use the slider or enter the amount directly to select your preferred Cash Out stake. Note that the minimum amount for partial Cash Out is 20% of the original stake.
- Confirm Cash Out: Once you click the “Cash Out” button and confirm, the system will process your request immediately.
Important Notes
- Cash Out is unavailable for Parlays, multiple bets, and bonus bets.
- Each bet can only be Cashed Out once.
The 1X2 betting format is widely used in sports betting, especially for football (soccer), and it represents the three possible outcomes of a match:
- Home Win (1): Betting on “1” means you predict the home team will win. Your bet is successful if the home team wins the match.
- Draw (X): Betting on “X” indicates you believe the match will end in a draw. Your bet wins if the game finishes without a clear winner after regular time.
- Away Win (2): Betting on “2” means you’re backing the away team to win. Your bet is successful if the away team wins the match.
This straightforward betting option allows bettors to focus on the result of the match after regular time, making it a popular choice in sportsbook markets.
An Outright bet is a wager placed on the overall winner or final outcome of a tournament, league, or competition, instead of individual matches. This type of bet focuses on predicting who will come out on top at the end of the competition.
Examples of Outright Bets
- Tournament Winner: Betting on the team or player you believe will win the entire competition, such as the Cricket World Cup champion.
- Group Winner: Predicting the winner of a specific group or preliminary round in a larger tournament, like selecting the group winner in the World Cup.
Outright bets are ideal for those who prefer to look at the big picture and follow the progression of teams or players throughout a competition.
A Handicap bet is a method used by sportsbooks to balance the odds between two teams or players of different skill levels, making the betting more competitive. In a handicap, the bookmaker assigns an advantage or disadvantage (in the form of points or goals) to one side, effectively “handicapping” the stronger team or boosting the underdog.
Example of Handicap Betting
Suppose Team A and Team B are playing a soccer match, and Team A is given a +1.25 handicap as the underdog. This means:
- If you bet on Team A, they can lose by up to 1 goal, and your bet will still be a win or a partial win.
- For example, if the final score is Team A: 1, Team B: 2, the handicap makes Team A’s adjusted score 2.25 to 2 after applying the +1.25, resulting in a winning bet.
Handicap betting allows for more balanced wagers, as it levels the playing field and provides more options for bettors, even in matches with clear favorites.
Virtual Sports are computer-generated simulations of sports events created specifically for betting, providing a realistic experience similar to live sports. These events aren’t based on actual athletic competitions but are generated by sophisticated software using algorithms and random number generators (RNGs) to produce unpredictable outcomes.
Key Features of Virtual Sports Betting
- 24/7 Availability: Virtual sports are available around the clock, allowing bettors to place wagers at any time, regardless of the season or time of day.
- Quick Turnaround: Events in virtual sports are shorter than live sports, enabling faster bet resolution and more frequent betting opportunities.
- Random Outcomes: Each event’s result is determined by RNGs, adding an element of chance similar to real sports, but without real-world variables.
- Wide Range of Sports: Virtual sports encompass popular options like football (soccer), horse racing, basketball, tennis, and more, giving bettors a variety of choices.
- Visual Simulations: Many virtual events include animations or simulated broadcasts, enhancing the viewing experience for bettors and making it feel like a real sporting event.
Note: In case of technical issues, SBJ66 will void affected bets and return funds to players’ accounts, ensuring fairness and transparency.
