These Konjo Bet bet settlement rules explain how bets are settled for players in Ethiopia, including winning bets, losing bets, void bets, refunds, cancelled events and corrected results. The final outcome of a bet depends on the selected market, sport, official result and the rules published in the Terms and Conditions.
What Bet Settlement Means at Konjo Bet
Bet settlement is the final calculation of a wager after the relevant event result has been confirmed. Konjo Bet uses the applicable market rules and official event information to determine whether a ticket should be paid, lost, returned or adjusted.
- Won: the selected outcome was correct under the market rules.
- Lost: the selected outcome was not correct.
- Void: the selection is cancelled and normally settled at odds of 1.00.
- Partially void: part of a market or combination is voided where the market rules allow it.
- Cashout settled: if cash out is available on your market and you accept it, the ticket is settled for the displayed cash out amount.
How Winning Bets Are Calculated
Konjo Bet normally displays decimal odds. The decimal odds include the original stake in the total possible return.
Potential return = stake × odds
Net profit = potential return − stake
For example, if a player stakes ETB 100 at odds of 2.50, the total return is ETB 250. The net profit is ETB 150 because the ETB 100 stake is included in the total return.
A return is the full amount credited from a winning bet. Profit is the amount earned above the original stake. Bonus funds, free bets and promotional offers may use separate settlement conditions, so check the rules for your Konjo Bet bonus code before placing a promotional bet.
Single Bets, Accumulators and System Bets
Single bets
A single bet is based on one selection. If that selection wins, the stake is multiplied by the accepted odds. If it loses, the stake is lost. If it is void, the stake is normally returned.
Accumulator and multi bets
An accumulator combines two or more selections. Usually, every selection must win for the accumulator to produce a return. If one selection loses, the full accumulator normally loses, unless a specific market rule states otherwise.
If one selection in an accumulator is void, its odds are usually changed to 1.00 while the remaining selections continue in the calculation.
Accumulator example:
Stake: ETB 100
Selection A: 1.80 — won
Selection B: 2.00 — void
Selection C: 1.50 — won
Final odds: 1.80 × 1.00 × 1.50 = 2.70
Return: ETB 270
System bets
A system bet contains several smaller combinations rather than one full accumulator. A void selection can affect the number of active combinations and the final return. The exact result depends on the selected system, the number of winning outcomes and the applicable market rules.
What Is a Void Bet?
A void bet is a bet that is not treated as a win or a loss. In most cases, the stake is returned after the market is reviewed, and the selection is assigned odds of 1.00 for settlement purposes.
A bet or selection may be voided for reasons such as:
- an event is cancelled;
- a match is abandoned and not completed within the official settlement period;
- there is an obvious odds or pricing error;
- a player did not participate where participation is required by the market rules;
- a market was offered incorrectly or linked to the wrong event;
- duplicate or technical errors affected the market;
- an official result cannot be confirmed; or
- the event format changes materially.
Void bet meaning can vary slightly by sport and market. A void result does not usually create a profit; it generally returns the amount staked.
Refunds and Returned Stakes
A refund is the return of the original stake. It is not a bonus and is not the same as a winning payout. Returned funds may appear in the main balance, in a bonus balance when bonus money was used, or after a manual review of a disputed settlement.
| Situation | Typical settlement |
|---|---|
| Match cancelled before start | Stake refunded / bet void |
| Selection void in accumulator | Odds set to 1.00 |
| Obvious odds error | Bet may be voided or recalculated |
| Official result confirmed | Bet settled as won or lost |
| Bonus stake used | Bonus rules may apply |
Cancelled, Postponed and Abandoned Events
A cancelled event does not take place. A postponed event is moved to another date or time. An abandoned event begins but is not completed. A suspended market is temporarily closed and cannot accept new bets.
If an event is postponed, Konjo Bet may keep the bet open until the event is completed within the official settlement period. If the event is not completed within that period, the bet may be voided. The relevant timing and exceptions are set out in the Terms and Conditions.
Example: a football match postponed from Saturday to Sunday may remain active if it is played within the stated settlement period. If it is not played in time, the stake may be returned instead.
Football Bet Settlement Rules
For most football markets, “90 minutes” means regular time plus stoppage time. It does not normally include extra time or penalty shoot-outs unless the market clearly states that they are included.
- Extra time and penalties count only for markets that expressly include them.
- Own goals, VAR decisions and official score corrections can affect settlement.
- First goalscorer, anytime scorer and other player markets depend on player participation and the specific market rules.
- An abandoned match may be settled only for markets whose outcomes were already fully determined before abandonment.
For football market availability and event information, visit Konjo Bet football. Football bet settlement follows the official score and market wording, not unofficial live commentary or fan reports.
Live Bet Settlement and Odds Changes
Live bets follow the same general settlement principles as pre-match bets, but live markets can move quickly. Odds may change before acceptance, and a bet may be rejected if the displayed odds are no longer available.
- A short acceptance delay may apply before confirmation.
- Suspended markets cannot accept new bets.
- Live scores shown during an event may be corrected.
- Final settlement follows official data and the individual market rules.
Players can review available in-play markets on Konjo Bet live. A live bet is only confirmed when it appears as accepted in the bet history.
Keno and Games Settlement
Keno and game settlement can differ from sports betting settlement. These products are generally based on the completed game round, the relevant paytable and the technical status of the game. A game interruption, incomplete round or technical issue may require review before a result is finalized.
Read product information for Konjo Bet keno and Konjo Bet games before playing. Sports event rules should not be assumed to apply to keno, virtual products or other games.
When a Bet May Be Recalculated
A settled ticket may be recalculated if the result was settled using incorrect information. This can happen when an official result is corrected, the wrong player, team or event was linked to a market, a data provider changes the outcome, a technical display error occurs, or market rules were applied incorrectly.
If a settlement error is found, Konjo Bet may adjust the result according to the official rules. Players should check their bet history and contact support if their balance does not match the expected outcome.
How to Check Settled Bets in Your Account
- Log in to your Konjo Bet account.
- Open bet history or transaction history.
- Select the settled ticket.
- Check the stake, accepted odds, status and return.
- Contact support if the result appears incorrect.
If you do not yet have an account, use Konjo Bet registration. Mobile users may also review account activity through the Konjo Bet app, where available.
Disputes, Corrections and Support
If you believe a bet was settled incorrectly, contact support with clear ticket details. Include the bet ID or ticket number, date and time of the bet, event name, market name, a screenshot if available, and a short explanation of the issue.
Support can review the ticket against the market rules and official result data. Use the Contact Us page to submit a settlement question. Keeping the bet ID and checking the accepted odds can help make a review faster and more accurate.
Responsible Betting and Legal Notes
Betting involves financial risk. Only adults who meet the applicable legal age requirements may use betting services; see the Age Restriction Policy for more information. Users should read the Terms and Conditions before placing bets because settlement rules may differ by sport, market and promotion.
Players should check the current availability and legal status of Konjo Bet services in Ethiopia before placing bets. See License & Regulation for current licensing information and Legal Status in Ethiopia for relevant local information. Responsible gaming tools and support information are available on the Responsible Gaming page.
FAQ
What does void bet mean at Konjo Bet?
A void bet is not settled as a win or a loss. The stake is normally returned after review, and a void selection in an accumulator is usually assigned odds of 1.00. Void decisions depend on the event, market wording and the applicable settlement rules.
How are winning bets calculated?
For a standard decimal-odds bet, multiply the stake by the accepted odds. For example, ETB 100 at 2.50 gives a total return of ETB 250. The net profit is ETB 150 because the original ETB 100 stake is included in the return.
What happens if one selection in my accumulator is void?
In many accumulator markets, the void selection is changed to odds of 1.00. The other selections remain active, and the final odds are recalculated without profit from the void selection. If another selection loses, the accumulator will normally still lose.
Are extra time and penalties included in football settlement?
Usually, standard 90-minute football markets include regular time and stoppage time only. Extra time and penalty shoot-outs are included only where the market specifically says so. Always read the market title before betting on a cup match or knockout fixture.
Why was my bet refunded instead of paid as a win?
A refund may happen when the event was cancelled, postponed beyond the settlement period, incorrectly offered, affected by an obvious error, or could not be officially confirmed. A refund returns the stake and does not create a winning profit unless separate rules clearly apply.
Can Konjo Bet recalculate a settled bet?
Yes, a ticket may be recalculated if official results are corrected, a data error is found, the wrong event was connected to a market, or settlement rules were applied incorrectly. The corrected outcome should be based on the applicable rules and official event information.
How do I dispute a bet settlement?
Contact support with the bet ID, event and market name, date and time, accepted odds, and a brief description of the issue. A screenshot can also help. Support can compare the ticket with official results and the rules that applied to that market.
Last updated: 21 February 2025
Reviewed by: Konjo Bet Content and Compliance Team
Author: Frehiwot Haile
Frehiwot reviews casino, keno, virtual sports, and crash games only when they are confirmed to be available to Ethiopian players. She examines game categories, mobile performance, limits, and responsible gambling controls. Her writing avoids claims about guaranteed outcomes or winning strategies.