Why are my winnings lower than expected?

If your winnings are lower than you thought, this could be why:

1. Free bet. The amount of the free bet isn’t refundable, so if your bet was placed with a free bet and it wins, you’ll only get the winnings but not the free bet stake back.

2. Rule 4 deduction. In horse racing, a deduction is applied to winnings when a bet is placed on an event before the withdrawal of another runner. This is shown in your bet details sheet.

3. Each-way. Each-way bets are 1 ‘win’ bet and 1 ‘place’ bet. If your horse doesn’t win the race but finishes in a position covered by the place bet, you’ll pocket the winnings and stake back for the place bet but lose the stake of the win bet.

4. Dead heat. When 2 or more competitors tie, if you’ve placed a bet for one of them, the stake money on the victors will be divided by the number of winners, with full odds paid at the reduced stake. The remainder of the stake is lost.

5. Half won or lost settlement. When betting on quarter-handicap lines, the possible outcomes of your bet include half lost and half won. Half of the stake is refunded, and the other half is either lost or won. The winning half of the stake is multiplied by the odds to give you the amount you win. The settlement is made according to betting rules for handicap lines on each individual sport.

6. System bet settlement. System bets are settled as individual bets as soon as all the participating events in each bet are over.

7. Selection void in an accumulator/system bet. When a selection in an accumulator or a system bet is settled as void/cancelled/draw, it is removed from the bet and plays no part in the bet settlement or the bet odds calculations. Winnings will be based on the new odds formulated after removing the selection.