What happens if a bet is unmatched?

How do I fix an unmatched bet?

How to fix an Unmatched Bet

  1. Click ‘cancel unmatched bets above’ – the grey box in the bottom left corner of the betslip (on Smarkets, this is the red cross).
  2. Go back to the calculator and re-enter the lay odds to display what they’re now showing on the exchange.
  3. Place your lay bet as normal with the new stake amount.

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.

How do I cancel unmatched bets on smarkets?

To cancel an unmatched or partially matched bet, simply click the ‘X’ to the right of the bet you wish to cancel.

What happens if my lay bet loses?

If your lay bet loses, you’ll lose your liability in the exchange, but win it back at the bookmaker (as your ‘winnings’). If your lay bet wins, your liability will be returned to your account plus you’ll also win your lay stake amount (minus any commission charged by the exchange).

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What does it mean when a bet is unmatched?

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.

Can you cancel a matched bet?

Bets need to be matched in order to stand. Once a bet has been matched, it cannot be cancelled.

What is in play bet persistence?

On markets that will go in-running, you can now decide to make use of our Bet Persistence facility and ‘Keep’ the bet, even once the market turns in-play. … Note that during a football match for example, your bet will continue to ‘persist’ even after the market is suspended for a goal, penalty or a red card.

What is a lapsed bet on Betfair?

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.

What does keep in play mean?

Of a ball in a game, in an area or position where play is disallowed according to the game’s rules. The referee ruled that, because the ball was still in play, the tackle was not illegal. They’re trying to keep the ball in play to keep pressure on their opponents‘ goal.

What happens if a bet is unmatched 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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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.

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.