In this article, we will take a look at the notion of what does void mean in betting. Well, the fact is that void bets are a very small part of sports betting and many bettors might go through their entire gambling “career” never being influenced by one.
Most bets will pass through every stage of the bet as normal, from placement, through to the match or event, and finally the bet settling with funds being returned smoothly to the bettor or entering the deep pockets of the bookmaker. Let’s learn more about void bets below.
Understanding What Does Void Mean in Betting
To answer the question about what does void mean in betting, it is a bet that has been canceled. It could happen for a variety of factors. Some common examples include: The game was not completed, the game did not finish the required amount of time for action.
Most bets you place online will follow the conventional rule and go smoothly. However, something out of the ordinary might happen from time to time, leaving you confused as to how your bet will settle or why it has been accumulated in a certain way.
Yes, bets can be canceled for a variety of factors, and we look at some of them and how they affect any bets you have placed, particularly the accumulators or multiples.
So, the exact definition of what does void mean in betting is one that if effectively canceled, offered null and void as if it had never been placed in the first place, and when you don’t win anything, your bet will be returned in full to your casino account.
One possible exception is when the first bet was made using a bonus or as a freebet. Technically, you might lose the free bet if it is void, however, contacting the bookmaker might result in the reinstatement of your bonus or free bet. Similarly, void bets don’t count as a qualifying bet for a free bet or as part of the betting requirements for promotions with such stipulations.
The Reasons Behind Why are Bets Voided
From what does void mean in betting, it can be made for a variety of reasons. There are even more bizarre reasons why bets are made void and they will change from sport to sport, however, this list will offer you a better idea of what happens when a bet is void in a parlay.
1. Non-Runner
Even though the term non-runner is synonymous with horse racing, it is also in effect the classic “void” bet. When you back a horse if it is announced to run, then the horse is pulled out with no facing the starter, you will get your money back.
2. Not Playing
Same as the above of what does void mean in betting, in sports like football in which there are goalscorer markets, your bet can be voided when the player in question is subsequently not named in the team.
3. Postponements
About what does void mean in betting, aces, matches, and tournaments may be canceled or postponed because of bad weather and other external circumstances. Many bookmakers, for example, when a football match has been postponed, might keep your bet live until they know whether or not the game will be rescheduled.
The advice, if this happens, is to ask for your bet to be voided, as when the game is finally played the circumstances and the teams might be slightly different that could change your thinking.
4. Abandonment
The matches and tournaments like 4-day golf championships of what does void mean in betting, might have started but are eventually abandoned due to the weather or other such reasons. Unless you decide to take a cash out offer, your bet might become void as the event can’t be completed and no official result will be known.
5. Errors
The bookmakers might void a bet when it has been struck, or paid out, in error. For instance, money might be paid out on a bet involving a goal for a team which, after a VAR check, then will be ruled out. The bookmaker is allowed to void such bets.
6. Bookmaker Rules
The bookmakers might well void bets when a planned event you have bet on goes ahead, however, has changed in some way. For instance of what does void mean in betting, a cricket match be go ahead with lowered overs, or a horse race might be moved to a different track after a cancellation.
Then, bets are void, and bettors will have to cross the case before deciding whether or not to place bets again.
Accumulators Void Bets
With a single bet of what does void mean in betting, it is clear that a void bet means you will get your stake money back. The accumulators are just a little bit trickier, but as one void option should not stop you claiming a win when other legs of your multiple bet were successful. In normal cases, the void leg of the bet will be simply scratched.
Therefore, a 5-fold acca simply becomes a 4-fold, a treble becomes a double, and a doubles becomes a single, and so on.
First Bet | One Void Leg | Two Void Legs |
---|---|---|
Double | Single | Void |
Treble | Double | Single |
4-fold | Treble | Double |
Lucky 63 | Lucky 31 | Lucky 15 |
One complication with accumulators of what does void mean in betting is when an offer like price boost has been accepted. For instance, your bookmaker might offer a 10% extra bonus on a winning acca when it features 5 options or more.
When one selection is created, your other 4 might still win if you can’t claim the extra 10%, so the bet will be settled as a 4-timer without bonus added.
When you are betting on specials and one selection if void, the bet will stand as an alternative special featuring the right numbers of selections. Therefore, a Lucky 31 will become a Lucky 15 and so on.
Conclusion
In conclusion, what does void mean in betting, it is something to fear or worry about and that the risk they pose will make the whole thing not worth bothering with… and that is not the case!
Void bets can happen only very infrequently, and if they do their influence is typically minimal. In most cases you will simply get your money back and get another bet on before you have even had time to regret the first bet. The things might be more complex and the main thing to remember is that precise terms vary based on the nature of void.