6.3
Bet Settlement
- Bets are calculated using the fractional format of the prices quoted.
- If a dead heat is declared in any event, half of the stake is applied to the selection at full odds and the other half is lost. If more than two selections dead heat, the stake is apportioned accordingly. This also applies to the place part of any event where the dead heat resulted in more selections being paid out as placed than the place odds determined when the bet was originally placed.
- Where a selection is made void, it will be treated as a non-runner for settlement purposes. For singles, bets stakes will be returned. For multiple bets, that selection will be treated as a non-runner and stakes will be placed on the remaining selections in that bet.
- Settlement will be made on the information provided by the official sites of competitions and their organisers. Subsequent changes to results are disregarded for settlement purposes, with the exception of obvious errors. If the official information sources don’t contain the results of markets, settlement will be made based on the identical information of several independent, recognised sources. Where there is an absence of information about the results of a finished event or its individual markets for 72 hours from when that event was supposed to be completed, bets on that event or its individual markets may be cancelled.
- Winnings will be credited back to a customer’s account once a result has been finalised and we consider that there is no reason to suspect there will be any changes.
- Mbet reserves the right to recover any funds incorrectly credited to customer accounts and to adjust customer balances to rectify errors (for example, if a result was stated incorrectly).