FAQ Type: Sports

We ensure the accuracy and reliability of event outcomes by either observing the live event or obtaining information from the official governing body associated with the event. This process guarantees the correctness of the results for all placed bets.

If your bets are successfully placed, they will stay active even if you lose your internet connection. Once you reconnect, you can check event results on the Results page and review your bet results in the My Account section for Exchange Betting or the Statement section for Sportsbook Betting.

If a bet fails due to a lost internet connection, your balance will not be deducted. After reconnecting, simply log back in to continue without any deductions. If you’re unsure whether your bet was successfully placed, you can always review your betting activity in the My Account section for Exchange Betting or the Statements section for Sportsbook Betting. This ensures you remain informed about your bets and maintains transparency in your betting history.

If a match is suspended, abandoned, or postponed and does not resume within 48 hours of the official start time, the result is considered void, and bets will be canceled unless stated otherwise in the Rules & Regulations. However, certain markets that are unconditionally determined will be settled according to the specified procedures in the Rules & Regulations. The decision to cancel bets under these circumstances is final, regardless of any official decisions by the event referee or relevant governing authority.

For ‘Parlays,’ the overall bet remains valid, but the specific selection within the parlay affected by the voided event will be considered void. The payout formula for that particular selection will be calculated as (1).

Once you confirm your bet, it cannot be canceled or edited. Therefore, always ensure that all details of your bet are accurate before confirming.

“Cash out” is a feature in betting that lets users close their bets before an event ends. This allows you to either secure some profit or reduce losses. Here’s how to use it:

1. Only matches with the “Cash Out” icon can use this feature.
2. Go to the “Statement” section and check the box to view all eligible tickets across different matches.
3. Each ticket will show a “Cash Out” button and the cash-out amount.
4. Use the slider or enter the amount directly to cash out. The minimum partial cash out is 20% of the original bet.
5. Click the “Cash Out” button and confirm. The system will process your cash out immediately.

Important Notes:

• Cash out is not available for parlays, multiple betting options, or bonus bets.
• Each bet can only be cashed out once.

* This feature gives you more control and flexibility, letting you make strategic decisions during the event.

1X2 is a popular betting notation used mainly in football (soccer) betting. It represents the three possible outcomes of a match:

• Home Win (1): Betting on “1” means you predict the home team will win. If the home team wins, your bet is successful.
• Draw (X): Betting on “X” means you predict the match will end in a draw. Your bet wins if the match ends without a winner after regular time.
• Away Win (2): Betting on “2” means you predict the away team will win. If the away team wins, your bet is successful.

* This simple betting format is widely used and understood, making it a staple in sports betting.

“Outright” betting involves placing a wager on the overall winner of a tournament, league, or competition, rather than individual matches or events within it. This type of bet focuses on predicting the final outcome of the entire competition.

Examples include:

• The final outcome of a major tournament, like the Cricket World Cup.
• The final outcome of a preliminary round, such as the group winner in the World Cup.

A handicap bet levels the playing field between the favorite and the underdog by adding or subtracting points from the final score. This way, both teams or players have a fair chance in the betting market.

• Favorite: The team or player expected to win.
• Underdog: The team or player expected to lose.

How It Works

1. Handicap: Points are given or taken away to balance the odds.
   • For Example: If Team A is playing against Team B and Team A is the underdog, the bookmaker might set a handicap line of +1.25 for Team A.
2. Betting on the Underdog: If you bet on Team A (+1.25), you win if Team A loses by 1 goal or less, or if Team A wins or draws the game.
3. Betting on the Favorite: If you bet on Team B, you win if Team B wins by more than 1.25 goals.

Virtual Sports

Virtual sports are computer-generated simulations of sporting events, created specifically for betting. Unlike traditional sports, these events are not based on actual athletic competitions but are generated through advanced software algorithms and random number generators (RNGs). The simulations follow the rules and characteristics of real sports, providing a realistic betting experience.

Key Features of Virtual Sports Betting:

• 24/7 Availability: Virtual sports events can be scheduled and generated at any time, offering constant betting opportunities regardless of the time of day or season.
• Quick Turnaround: Virtual sports events are shorter than real-world sports, allowing for faster bet resolutions and more frequent betting opportunities.
• Random Outcomes: Outcomes are determined by algorithms and RNGs, ensuring unpredictability similar to real sports but without real-world influences.
• Various Sports Options: Virtual sports cover a range of sports, including football (soccer), horse racing, basketball, and tennis. Bettors have multiple virtual sports to choose from.
• Visual Simulation: Many virtual sports come with visual simulations or animations that mimic the look and feel of a real sports broadcast, enhancing entertainment value.

Note:  In the event of a technical issue with virtual sports, BetJili will void all affected bets and return the funds to players’ accounts.