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garycrosby
04 Aug 14 10:18
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Date Joined: 17 May 10
| Topic/replies: 8 | Blogger: garycrosby's blog
I was wondering what was other forum users opinion and maybe they could explain the logic in BF offering the cash out option on the draw no bet in football matches. I did a draw no bet on a CL qualifier recently taking St Patrick Athlectic against Legia Warsaw in the 1st leg. St Pats went 1 up in the 1st halve, I cashed out and to my knowledge successfully at odds of around 8/1 with 10 minutes to go, and then Legia equalized with a couple of minutes. When I checked my balance, realizing the bet had not been settled it was actually down as voided I pursued the matter. So after a bit of texting to a BF operative and a read of the T&Cs of the cash out facility I discover that for settling purposed when you do a draw no bet, if the match ends up a draw regardless of the cash out the match is settled as a draw.

Ok hands up I should have read the T&Cs, but it defeats the point of their cash out bet. When the option is offered but actually they are not offering a total cash, it is a cash out with conditions. My opinion is that cash should not be offered on the draw no bet, it definitely should be flagged up when cashing out. And if you were aware of the nuance in the draw no bet rules when your 1 up with 10 mins to go you would know their is no point in cashing out but if you weren't  aware of it you might cash out fearing a equalizer and if the match ends up 1 nil to your selection you are after cashing out for lesser odds. I do accept that your selection could be beaten with 10 mins to go.
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Report themover August 4, 2014 1:09 PM BST
a DRAW NO BET market without the draw being a no bet....an interesting thought Laugh
Report YOMOMMA August 4, 2014 2:01 PM BST
lol
Report Mally B July 17, 2020 12:02 AM BST
I agree with you garycrosby. A cash-out on a win, lose or draw bet locks in the profit stated on the cash-out REGARDLESS of what happens subsequently. For a draw-no-bet cash-out to do otherwise is disingenuous.
Report Mally B July 17, 2020 12:02 AM BST
I agree with you garycrosby. A cash-out on a win, lose or draw bet locks in the profit stated on the cash-out REGARDLESS of what happens subsequently. For a draw-no-bet cash-out to do otherwise is disingenuous.
Report ericster July 17, 2020 9:12 AM BST
How on earth can a cash-out not stand? You've placed a bet and you've............ I was going to say "greened-up". Did you actually GREEN-UP? If you did it's END OFF, isn't it?
I'm interested here, this needs clarifying.
Report ericster July 17, 2020 9:17 AM BST
Having said that, if you're betting on " a win or lose/home or away win "........ Well, I guess. All the same, I'm glad you flagged that up crosby.
Report ----you-have-to-laugh--- July 17, 2020 9:44 AM BST
you can cash out on limited overs cricket, two outcome market

if it finnishes a tie, all bets are voided, all green gone, or all red gone for that matter,so if you are
well green you can take insurance by backing the tie.
Report darren_discombobulates_sports July 17, 2020 10:36 AM BST
the op will be amused his thread was bumped 6 years later lol
Report ericster July 17, 2020 11:12 AM BST

Aug 4, 2014 -- 1:09PM, themover wrote:


a DRAW NO BET market without the draw being a no bet....an interesting thought


I suppose so mover.

Report ericster July 17, 2020 1:45 PM BST
I get it now, got there in the end.

The plank strikes again.Cry

I'll get my coat.
Report themightymac July 17, 2020 1:52 PM BST
So Shamrock Rovers are winning 1-0 with 10 minutes to go and he cashes out at 8/1 - Aye right.

You wouldn`t get 8/1 on Gaswork Rovers winning 1-0 with 10 minutes to go.
Report Greg_Gory July 24, 2021 5:10 PM BST
BUMP
So if you green up do you need to back the draw just in case Grin
Report ericster July 24, 2021 5:25 PM BST
Gory has nailed it imo.
Split, or at least put [some] of your cash-out profit on the draw and, with ten mins left, it wouldn't have cost you much, would it?
Living learning, I guess.Plain
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