Introduction:
FanDuel is a very popular sports betting platform. The platform is very famous among the sports bettors from the United States of America. The platform offers you to bet on different sports, daily fantasy sports and other online casino games. Now, if you have ever placed a bet on FanDuel, then you will have noticed an option “void”. If you are new to sports betting, then the term “void” can be very confusing for you. But, you should understand what a void bet means and why it occurs. It is because this is very important for navigating your betting experience.
Don’t you know what “void” means on FanDuel?. You need not to worry. In this article, I will be telling you everything about what “void” means on FanDuel. I will also be telling you when your bets are voided and what happens to your wager. This will make your betting experience more enjoyable and smoother. Then what are you waiting for?. Let’s start the discussion!
What Does Void Mean on FanDuel?.
FanDuel offers you different types of betting options. One of them is the “void”. On FanDuel, a “void” bet simply means that your bet is canceled. And there is no action that is taken on it. Remember that when a bet is voided, then the stake you placed is refunded to your account. So, you will receive all of your amount you placed on the bet after it gets “void”.
A void bet can happen due to many various reasons. Some of these reasons include:
- Your bet can get void if the event is being canceled.
- A bet can also get void due to the violation of rule or any technical issue.
- You can get a void bet option due to the unavailability of a specific player in specific markets.
Common Reasons for Void Bets on FanDuel:
There can be multiple reasons for void bets. Some of these reasons include:
Event Cancellations:
This is one of the most common reasons for a bet to be voided. A bet will be void if an event is cancelled. For example:
- A bet will be void if a football game is postponed due to severe weather.
- A bet will be void if a match is canceled because a team cannot field its enough players.
- A bet will be void if the game does not take place as scheduled.
Rule Violations:
FanDuel follows strict rules and regulations for the betting markets. Now, if anyone violates these rules and regulations, then the bet will be void. This can include:
- If you place a bet after the event has already started, then the bet will get void. This happens mostly in the non-live betting markets.
- There can be errors in odds. There can be errors in bet placement caused by a technical glitch. And due to them, a bet will be void.
Player-Specific Bets:
When you bet on a player-specific outcomes, then the bet might be voided if:
- The bet will be void if the player does not participate in the game.
- The bet will void if the player gets injured before the game starts.
Technical Errors:
There can be technical issues on FanDuel’s platform. There can be technical errors in the data feed. And these technical issues can lead your bets to be voided. This makes sure that all the bettors have a fair opportunity.
What Happens When a Bet is Voided?.
When a bet is voided, then the following things will happen:
Refund of Stake:
First of all, you will get a refund of your original stake. You will get this refund in your account. And it will be the exact amount you paid. For example you bet $20 on a game. But if the game is canceled, then FanDuel will refund you your $20.
Impact on Parlays:
If you placed a parlay bet, then the voided leg is simply removed from the bet. In this situation, only your parlay’s odds are recalculated. For instance if you bet on 3-leg parlay, then it becomes a 2-leg parlay if one of the legs is voided. Keep in mind that your payout is adjusted based on the remaining legs.
No Win or Loss:
Remember that a void bet does not count as a win or a loss. It is as if this bet was never placed.
How to Check if a Bet is Voided on FanDuel:
If you want to check a voided bet, then you should follow the following steps:
Log In:
First of all, you should open your FanDuel app. After that, you should login to your FanDuel Sportsbook account. You can login to the account using your already provided credentials.
Visit the Bet History Section:
After that, you should navigate to your “Bet History”. Here, you will see all of the active, settled and voided bets.
Look for Notifications:
You should also look for your notifications as well. It is because FanDuel typically provides you a reason for voiding your bet. You will find it in your account details.
Why Void Bets Are Beneficial:
It is true that void bets can be disappointing. But they can be beneficial for you as well. It is because they serve as an important purpose in ensuring fairness for all the bettors. Void bets are beneficial due to the following reasons:
Prevents Unfair Losses:
Void bets prevent unfair losses. Void bets protect your stake if an event is canceled. They also protect your stake if any of the rules are broken.
Ensures Market Integrity:
FanDuel voids all the incorrect or fraudulent bets. By doing so, FanDuel maintains a level playing field for all of the bettors.
Protects Players from Technical Errors:
There can be many technical errors in the system. In such cases, the platform voids all of the bets. This is very beneficial for every player. It is because in case of system malfunctions, voiding bets prevents you from unfair outcomes.
You should also read: What does spread mean on FanDuel
Conclusion:
FanDuel is a very famous sports betting platform. The platform offers different types of betting options. One of them is voiding a bet. You should understand what “void” means on FanDuel because it is very important for everyone. A void bet can occur due to many reasons. It can occur when a player is unavailable. It can also occur due to technical issues. It is true that void bets can be frustrating. But they are designed to protect you and ensure fairness in the marketplace. Best of luck with your betting experience!
FAQS:
Q: What does it mean when a bet is voided on FanDuel?.
Ans: A void bet means that the wager is cancelled. Now, you will get all of your stake refunded in your account.
Q: Will I lose money on a void bet?.
Ans: No. You will not lose a single penny on your void bet. It is because FanDuel will refund all of your original stake.
Q: Can a void bet affect my parlay?.
Ans: Yes. Keep in mind that a void bet can affect your parlay. For instance, if a leg of your parlay is voided, then the odds are recalculated for the remaining legs.
Q: Why was my player-specific bet voided?.
Ans: Player-specific bets are voided if the player gets injured or does not participate in the game or event.
