Definition:
In sports betting, a void bet is a wager that is canceled, meaning it has no action. When a bet is void, the bettor’s stake is refunded in full as if the bet never happened. This can occur for several reasons, depending on sportsbook rules.
They serve two main purposes:
Protect bettors when a wager cannot fairly be decided.
Ensure sportsbooks maintain integrity when unexpected events affect the bet.
Real-World Example
NFL Game: New York Jets vs. Buffalo Bills
A bettor wagers $100 on Josh Allen Over 1.5 passing touchdowns (–110).
Allen leaves the game injured in the first quarter and does not return.
The sportsbook rules the bet a void since the player didn’t play long enough for the wager to stand.
The bettor’s $100 stake is refunded in full.
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