How do I cancel an already placed bet at a casino?

Category:
Published:
28.04.2024
Read Time:
10 minutes
Edited:
28.04.2024

Placed a bet but now it seems like there are better options or the bet will not win? Some bookmakers offer to edit already placed bets or sell them. For example, Bet365 has an "Edit Bet" option for this. It is not possible to cancel the bet and return the money placed. Using Bet365 as an example, I will tell you in detail how to use the edit and payout option.

Step-by-step instructions on how to cancel a placed bet

Once a bet has been placed, you cannot cancel it, but you can change it in your favor. Using Bet365's betting editor, there are 3 possible scenarios:

  • Add an outcome. For example, if I place money on one team winning and before the game starts I realize that it has a minimum chance of winning, I can place a bet on the other team winning. This will level the risks and allow you to stay in the plus. On the same principle you can remove the outcome from the coupon.
  • Replace the outcome. According to my observations, this function is not available for all outcomes, but it is beneficial to use it. For an already placed bet you can track alternative outcomes and select them. Using a soccer match as an example: bet on a different total of goals or choose a different team's handicap.
  • Change the type of bet. For example, if you have initially placed an order for a team to win, you can turn the bet into an express or a system. To do this, you will need to add more outcomes to the coupon.

There is a small nuance with the cancellation of bets. They can not be canceled by the player, but there are no restrictions for the bookmaker. Most often such cancellation occurs if the BC offered previously inflated odds on the event or the administration has suspicions of fraud.

bet-cancellation

CashOut for placed bets

I advise you not to ignore the Cash Out option. With the help of it, you can not only formalize the cancellation, but also return the money received. The nuance is that the option is not supported for all placed bets, so it's as luck would have it. With Cashout you can withdraw both the full and partial amount of the bet.

Using the Cash Out option is simple: select the placed bet in your personal cabinet and press the button of the same name. As soon as the request is approved by the BC administration, the money will be returned to the main balance, and the bet will disappear from the general list.

Since the cashout option is not supported by all bets and there are many restrictions, the best solution is to weigh all the risks at the stage of couponing. If the bet has already been placed, but it is not possible to sell it, then the only thing left to do is to edit it.

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