How are dead heats settled on Kingbets?

Short Answer: The Kingbets General Terms and Conditions do not contain a specific clause detailing the settlement of dead heats. However, the standard industry practice is that your stake is divided by the number of participants tied for the position, and the winnings are calculated using the full odds on that reduced stake.

If the operator does not publish a specific dead heat rule, the general market standard applies to ensure fair settlement.

1. The Standard Dead Heat Rule

In a dead heat, when two or more selections finish in the same position, the stake is proportionally divided among the tied participants. For example, if you place a R100 bet on a horse at odds of 5.00 and it dead heats with one other horse, your effective stake becomes R50. Your payout would be R50 multiplied by the odds of 5.00, paying out R250 (including the reduced stake). If three horses dead heat, your R100 stake is divided by three, and the payout is calculated on that one-third share.

2. What the Kingbets Terms Do Cover

While a dedicated dead heat rule is absent, the Kingbets General Terms do address related settlement scenarios. For example, Clause 14 covers situations where a bet is considered won at odds of 1 and the stake is refunded. Clause 18 covers interrupted or abandoned events, and Clause 9 covers obvious errors. For any specific dead heat scenario, it is advisable to check the specific sport's rules on the Kingbets website or contact their customer support for confirmation before placing the bet.