Newbie Question - Tie

  • kingramses
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Newbie Question - Tie

13 years 3 months ago
#200750
Hi,

A bit of a newbie to betting, if someone can maybe explain a rule to me.

On Sporitngbet.co.za, what are dead heat rules, and how does this work?

Specifically talking about the cricket match between India and Sri Lanka which ended in a tie, they then quote "dead heat rules apply"

Would really appreciate it if someone can explain why I didn't even manage to win my stake back?

Thanks in advance

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4 RACING JULY
  • Dave Scott
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Re: Re: Newbie Question - Tie

13 years 3 months ago
#200751
If you have a bet eg 1000/1000 it becomes 500/500

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  • Bob Brogan
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Re: Re: Newbie Question - Tie

13 years 3 months ago
#200752
Dead ht would mean half your stake is lost because there is two winners eg if you R50 on an even mony shot you would have R25 going on at evens.. basically you have finished 1st and 2nd

so if you had rand 100 on an 8/10 shot and you dead heat your returns would be R90

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  • kingramses
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Re: Re: Newbie Question - Tie

13 years 3 months ago
#200757
THanks for explaining. Took 5 minutes on this forum, while Sporingbet live help took 15 mintues, and still couldn't answer me.

Thanks guys!

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  • Dave Scott
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Re: Re: Newbie Question - Tie

13 years 3 months ago
#200759
And if it was a horse u would pay 6% tax on your winnings, not stake

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HOLLYWOOD 468 NEW
  • shrek
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Re: Re: Newbie Question - Tie

13 years 3 months ago
#200760
Most bookies in ODI cricket offer Tie No Bet, which means all bets get refunded. Some like Sportingbet have "dead heat rules apply." If you backed a side at less than 1/1 then you would not get all your money back, at 1/1 you would break even and anything above 1/1 you would make a profit.

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