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What is the general opinion of how bookmakers and betting exchanges will deal with this?
Let's use English Premier League as an example. The market is still open and only Liverpool and Man City remain in the outright market. Lays on every other team have already been paid out. Would all those bets just be void?
Will Betfair just settle Liverpool as winners? Technically if the league is abandoned Man City haven't won the league.
So forget what the Premier League or UEFA announce, where do the betting companies stand with long term bets?
Let's use English Premier League as an example. The market is still open and only Liverpool and Man City remain in the outright market. Lays on every other team have already been paid out. Would all those bets just be void?
Will Betfair just settle Liverpool as winners? Technically if the league is abandoned Man City haven't won the league.
So forget what the Premier League or UEFA announce, where do the betting companies stand with long term bets?
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In relation to any tournament, competition or similar: If the event is not completed within three days after the scheduled completion date, then any markets relating to the event will be settled in accordance with the official ruling of the relevant governing body, providing such a decision is given within 90 days after the scheduled completion date. If no official ruling is announced in this 90 day period, then bets on any market relating to this event will be void, except for bets on any markets which have been unconditionally determined. If a market is to be voided but has been part-settled as a courtesy to Betfair customers, then such part-settled bets will be reversed and all bets on the market will be void
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