Cricket betting and experiance on Stake.com (feels unfair, you decide)

[teddybear]

I had a bet on Stake.com on the match "Chattogram Challengers vs Comilla Victorians" and my bet was for over 141.5 runs for the team batting first (Chattogram Challengers). After about 11 overs, it started raining and the match was reduced to 18 overs(which would have been 20 overs normally). My team managed to get 138 runs in those allotted 18 overs. Since, they had already played 11 overs before the revised/reduced overs, the projected target for those 18 overs for the opponents was 143 runs. Meaning, If the team batting first had known from the start that the overs were reduced to 18,They would have scored at least 143 runs(according to Duckworth-Lewis method). Hence, the new target set for the opponents to chase was 144.



Now, What do you think should happen to my Bet? I personally think it should be a win, since the revised target suggests that my team scored 143 runs and hence, the opponents are made to chase 144 to win the match. However, Stake has considered it as a loss? They say that, "since my team scored only 138 and the bet is over 141.5 runs, it is a loss". Which to me, sounds very unfair. Worst case scenario, I think should be the bet voided but I'm talking about the worst case scenario.

Would like cricket bettors to discuss what do you think should be appropriate outcome and if you think what Stake has done is fair.

Thanks for reading.


TLDR: First batting team had to deal with rain and reduced overs mid game and they managed to score 138. However due to duckworth-lewis method, the target for the opponents was set for 144 runs to win. My bet is for my team to score over 141 runs. Which has been considered as a loss. Now, how come a team is chasing 144 runs, if my team hasn't scored those runs? I argue that they did score those runs according to cricket, while the stake support disagrees and considered my bet as a loss.

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[Mahdirakib]

You should have read the rules of the cricket betting before making this thread. Most of the betting platform have their own rules to determine the result of the sports event. From the Sportsbook Rules and Policies page of Stake.com

Twenty 20: All scheduled overs must be played for undecided markets to be settled unless the innings has reached its natural conclusion.T20/ODIs/Limited Overs matches; bets will be void if it has not been possible to complete at least 80% of the overs scheduled to be bowled due to external factors, including bad weather unless settlement of the bet has already been determined. 80% and above of agreed scheduled overs bowled is considered to be a full innings, and markets settled accordingly.

Your bet was on Chattogram Challengers. They have played 18 overs and collected 138 runs by batting in the first innings. Where your bet was over 141.5 runs. Based on the policy of Stake sports betting your bet would have been voided if the match was played 15.5 or less overs. Because, 80% of 20 overs is equal to 16 overs, Chattogram Challengers has played 18 overs. So, the bet payout was made as it should be normally. Stake hasn't done anything unfair with you. Sportsbet have the similar rules for T20/ODIs/limited overs matches.

I hope you got your desired answer. Kindly lock this topic now without keeping it open for some useless long discussion.

[teddybear]

You should have read the rules of the cricket betting before making this thread. Most of the betting platform have their own rules to determine the result of the sports event. From the Sportsbook Rules and Policies page of Stake.com

Twenty 20: All scheduled overs must be played for undecided markets to be settled unless the innings has reached its natural conclusion.T20/ODIs/Limited Overs matches; bets will be void if it has not been possible to complete at least 80% of the overs scheduled to be bowled due to external factors, including bad weather unless settlement of the bet has already been determined. 80% and above of agreed scheduled overs bowled is considered to be a full innings, and markets settled accordingly.

Your bet was on Chattogram Challengers. They have played 18 overs and collected 138 runs by batting in the first innings. Where your bet was over 141.5 runs. Based on the policy of Stake sports betting your bet would have been voided if the match was played 15.5 or less overs. Because, 80% of 20 overs is equal to 16 overs, Chattogram Challengers has played 18 overs. So, the bet payout was made as it should be normally. Stake hasn't done anything unfair with you. Sportsbet have the similar rules for T20/ODIs/limited overs matches.

I hope you got your desired answer. Kindly lock this topic now without keeping it open for some useless long discussion.

Agree on the fact that my team scored 138 runs in 18 overs..but this is a special case. Where match was stopped in between the first innings and according the scoreline. The opponents had to chase 144 runs to win in 18 overs. Doesn't that mean that my team scored 143 runs in 18 overs? Why would a team chase a score much larger than what the opponents scored? That seems pointless in Cricket. If you think its fair from Stake, that's your point of view and I respect it. I still find it unfair and would like discussion on it. Hence, I do not intend to lock the thread at the moment.

[eaLiTy]

Agree on the fact that my team scored 138 runs in 18 overs..but this is a special case. Where match was stopped in between the first innings and according the scoreline. The opponents had to chase 144 runs to win in 18 overs. Doesn't that mean that my team scored 143 runs in 18 overs? Why would a team chase a score much larger than what the opponents scored? That seems pointless in Cricket. If you think its fair from Stake, that's your point of view and I respect it. I still find it unfair and would like discussion on it. Hence, I do not intend to lock the thread at the moment.

Logically they should have voided the bet because the revised target was 144 runs as you said and the first innings target you predicted is not achieved due to a reduction in overs due to bad weather, you need to talk to the customer support team and convey this to them and see how they proceed with the situation.

I never came across this similar situation or i do not remember how that went because i am placing bets for over a decade, usually when i place a bet i usually check the weather forecast because i messed up my predictions because of the weather situation.

[magneto]

Well, you did bet with their terms and conditions so you will have to accept the outcome of it.

I do feel you from the perspective of a bettor though, but these scenarios would have been already priced into the bet odds so therefore it is pretty fair for them to enforce the rules.

There is not much point in complaining given that I don't think they set their own odds (Probably use some external odds provider).

[ralle14]

Seems like it was fair given the rules they've mentioned, it reminds me of the rules in tennis where some bookies have different rules whenever the player suddenly retires, some of them would only settle the moneylines while the others void it.

On the other hand, this experience gave you a way to see the potential risks, I also bet cricket(mainly IPL) once in a while but i've never seen this happen before.

[blatchcorn]

Nice to see betting in BPL. OP after reading your post I came to conclusion that it's not a normal scenario since you placed the bet and rain interrupted the game due to which everything was changed. Even in real cricket such matches are decided on D/L method which is not like by many. Same happened with you in this scenario, please correlate.

[Mahdirakib]

Agree on the fact that my team scored 138 runs in 18 overs..but this is a special case. Where match was stopped in between the first innings and according the scoreline. The opponents had to chase 144 runs to win in 18 overs. Doesn't that mean that my team scored 143 runs in 18 overs? Why would a team chase a score much larger than what the opponents scored?

Your selection has scored 138 runs by batting in the first innings. The target was increased for the DLS method. The odds provider has counted the actual score which was made by Chattogram Challengers in 18 overs. Let's assume, Chattogram Challengers scored 142+ runs by batting first. But the match reduced to 18 overs for the bad weather and the target was set to 140 or less for the DLS method. The odds provider would count your bet as winning by ignoring the reduced target for the DLS method. Would you ask Stake team to count your bet as voided/losing one in that case?

[teddybear]

Agree on the fact that my team scored 138 runs in 18 overs..but this is a special case. Where match was stopped in between the first innings and according the scoreline. The opponents had to chase 144 runs to win in 18 overs. Doesn't that mean that my team scored 143 runs in 18 overs? Why would a team chase a score much larger than what the opponents scored?

Your selection has scored 138 runs by batting in the first innings. The target was increased for the DLS method. The odds provider has counted the actual score which was made by Chattogram Challengers in 18 overs. Let's assume, Chattogram Challengers scored 142+ runs by batting first. But the match reduced to 18 overs for the bad weather and the target was set to 140 or less for the DLS method. The odds provider would count your bet as winning by ignoring the reduced target for the DLS method. Would you ask Stake team to count your bet as voided/losing one in that case?

That's a fair point. I wouldn't mind the bet being voided in those cases. Anyways, I'm calmer today. Still think that was a bit unfair and they should expand in on the rules for such cases. Will lock the thread now since I don't think there's anything else to add to it. Thanks for your explanation Mahdirakib.