Void Bet
A void bet is a wager that is cancelled and refunded by the sportsbook, typically due to event cancellation, rule violations, or pricing errors.
What it means in practice
A void bet occurs when a sportsbook cancels a wager and returns the stake to the bettor. This can happen for several reasons: the event is cancelled or postponed, a participant is withdrawn, the sportsbook identifies a pricing error, or the bet violates the operator's terms and conditions. Void bets are treated as if they never happened — they do not count as wins or losses in bet settlement.
From an operator's perspective, void bets affect revenue calculations and affiliate payouts. Since voided wagers are refunded, they do not contribute to betting handle or betting margin calculations. For affiliates on sportsbook RevShare deals, void bets reduce the total revenue base from which their commission is calculated.
High void bet rates can signal operational issues — such as inaccurate odds feed integration, delayed event updates, or overly aggressive pricing — that operators need to monitor. For sportsbook affiliates, understanding how an operator handles voids is part of evaluating the quality and transparency of a program.
How Void Bet works across industries
See how void bet is applied in the verticals Track360 supports, from qualification logic and payout structure to the operational context behind each model.
How Track360 handles this
Track360 captures bet settlement events including voids, ensuring that affiliate commission calculations accurately reflect actual revenue. Operators can configure how void bets are handled in RevShare and turnover-based commission formulas to maintain transparent partner reporting.
Frequently Asked Questions
Common questions about void bet, how it works in affiliate programs, and where it shows up across Track360's supported verticals.
A void bet is a wager that the sportsbook cancels and refunds. Common causes include event cancellation, participant withdrawal, pricing errors, or terms violations. The stake is returned and the bet is excluded from settlement calculations.
Related Terms
Bet Settlement
Bet settlement is the process by which a sportsbook determines the outcome of a wager and credits or debits the bettor's account based on the result.
Betting Handle
Betting handle is the total amount of money wagered on a sportsbook over a given period, before any payouts, and serves as the base metric for turnover-based affiliate commissions.
Betting Margin
The betting margin (also called overround, vigorish, or juice) is the built-in profit margin a sportsbook applies to its odds, representing the difference between the true probability of outcomes and the implied probability reflected in the offered odds.
Sportsbook RevShare
Sportsbook RevShare is a commission model where affiliates earn an ongoing percentage of the net revenue generated by their referred bettors from sports betting activity, typically calculated on net sportsbook revenue after payouts and adjustments.
In-Play Betting
In-play betting (also called live betting) allows bettors to place wagers on sporting events while they are in progress, with odds updating in real time to reflect the current state of play.
Odds Feed Integration
Odds feed integration is the technical process of connecting a sportsbook or affiliate platform to a real-time data feed that provides live odds, market availability, and event information from odds providers.
Sportsbook Hold Percentage
Sportsbook hold percentage is the share of total wagered money that a sportsbook retains as revenue after paying out winning bets, typically ranging from 5% to 10%.
Continue Learning
Free structured courses that cover this topic and more.
How to Migrate an Affiliate Program Without Breaking Attribution
A practical migration plan for operators moving from an existing affiliate or IB system. Map your stack, protect attribution, preserve payout logic, and move to a new setup without creating reporting chaos.
How to Structure Affiliate Commissions
CPA, RevShare, hybrid models, KPI-based deals, and multi-tier payout logic. How to pick the right structure for your program, negotiate without losing margin, and adjust as your affiliate base grows.
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