Stake refund in Betting

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Stake refund

Stake refund (cancelled bet) – is a situation when the amount of the bet made is returned to the player's account based on the result of the match. This can also happen if the event is canceled.

For example: you bet $500 that there will be a total of 4 or more maps in the grand final of the DreamLeague series tournament, where the final is played in a best-of-5 format. If one of the teams wins the match with a score of 3:1, then $500 will be returned to your account. If the score is 3:0, then you lost, and if 3:2, then you won.

Can also be useful

Repeater bet

Repeater bet – placing a second or more bets on the same event. This usually happens when a player believes that their chances of winning have increased since the first bet.

Value bet

Value bet – this concept means a situation when the odds at the bookmaker are significantly different from your prediction for the match and you are sure that you have an advantage...

Underdog

Underdog – a team or player that is considered weaker than their opponents before the start of the match.

Flat betting

Flat betting is a strategy which means that a player always bets a fixed amount or percentage of his total bankroll on every event.