What does void mean on sports bet?
A void is the cancellation of a bet on a game. It has no financial repercussions. If you bet $20 on your favorite sports team, and they lose, you have a void on that $20. But the bookie won't know that you've canceled your bet. Instead, they'll credit your account with $20. If you had a bet on two teams, and your favorite team wins, and the other team wins, you'll have a void on one of the losses and a
What does void mean in betting?
The void means it was impossible for the team that you bet on to win the game. It means you lost the bet. Fortunately, voids are not a common occurrence in the world of sports betting. There’s a reason for that. Bookmakers don’t like voids for a number of reasons. For one, they lose out on a potential profit. Bookmakers make money by taking a small percentage of the amount that you bet. If there are no bets on a particular
What does a void mean in sports betting?
A void is essentially a bet that neither party has to pay. There are two primary reasons why a bet might be void, neither of which is favorable for the bettor. The first is when the betting line or payout is revised before the game is taken. If a sports book decides to change the payout on a game, that would be void for both teams. The betting line is also void if both teams are injured and can’t play. This is particularly common in the NFL, which
What does voiding mean in sports betting?
Voiding is something you do when you want to cancel or cancel a bet entirely. This is usually done when something happens that makes the result of the bet no longer valid. For example, you may have placed a $5 bet on a game to win $100. If your favorite team wins by one point, you will receive a payout of $100. However, if your team wins by two points, there will be no payout. In this instance, you will want to void your bet.
What does voiding mean on sports betting?
The term voiding refers to the cancellation of a sports wager, for example, a bet on who will win a game or a bet on the total number of points a team will score. For example, say you bet $100 on your team to win a game. If that team loses, you will have to pay the bookie - in this case, $100. However, if your bet is void, then the bookie will return the amount that you wagered.
