What happens if a bet is unmatched on smarkets?

What does an unmatched bet mean on Smarkets?

All it means is that the odds have changed and you weren’t able to get the lay bet on at the original price. So what you do is: Click ‘cancel unmatched bets above’ – the grey box in the bottom left corner of the betslip (on Smarkets, this is the red cross). … Place your lay bet as normal with the new stake amount.

What happens to an unmatched bet?

Unmatched bets stay in the market as offers until you decide to cancel them.

How do I cancel an unmatched bet?

You can now view the amount of your stake that has been matched. To cancel the unmatched part, simply swipe from right to left on the bet in question and then click the X that appears.

Why was my bet Cancelled on Smarkets?

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.

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What does bet unmatched mean?

An unmatched bet means that the price you wanted to bet at has gone and your lay wasn’t taken. A partially matched bet is when only some of your lay was taken before the lay price changed, leaving part of it matched and part of it unmatched.

Will an unmatched bet become matched?

Note: Your bet could be matched a split-second after the unmatched bet slip has been shown as above. Just because it hasn’t been matched instantly does not mean it can’t still be matched. Unmatched bets stay in the market as offers until you decide to cancel them.

What does a lapsed bet mean?

What is a Lapsed bet? Unmatched bets that have been cancelled by Betfair, for example, at the start of an event, when the event is turned in-play.

Can you cancel a lay bet on Betfair?

No. Once Betfair has confirmed your bet placement, you will not be able to change the terms of that bet or cancel or withdraw from that bet under any circumstances. Acceptance of your bet by Betfair concludes the bet.

What does SP mean on Betfair?

In the case of any such non-runner, a lay bet for which the ‘At In-Play: Take SP’ option has been selected, will automatically convert to an SP bet. After this conversion the bet cannot be cancelled.

How do I cancel an unmatched bet on Betfair?

If you just want to cancel one/some bets and not all: – click the little ‘x’ checkbox to the left of the bet in the betslip. Bet turns grey.

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How do I keep unmatched bets on Betfair?

Exchange: What can I do with an unmatched bet in SP markets?

  1. You can choose to “Keep” the bet once the market turns in-play if it is not matched prior to the off. …
  2. You can also choose to convert your unmatched Exchange bet to an SP bet if it remains unmatched at the off by selecting the “Take SP” option.

What does matched mean on smarkets?

Matched betting explained

To implement a matched betting strategy, you simply place a bet with the bookmaker who offered you the free bet and then lay, or bet against, the same outcome on the Smarkets betting exchange – learn how to make a lay bet.