How bookie can have such rule?

[Dujkan]

• Voiding Bets
  
  
  1. (name hidden) reserves the right to void any markets where the outcome cannot be reasonably determined.
  2. We reserve the right to void any bet for any reason before or after the event has occurred. This may be due to fraud, technical error or settlement error.
  3. We reserve the right to recover funds that were disbursed in error.
  
  
• Is it legal to have paragraf (number 2) in bookie terms and coditions?
• It says MAY (in english that means, it can be used for such stuff, but it does not have)

If that is legal, where can I get licence to open sportsbook where can I put rule: ,,We reserve the right to void any bet for any reason before or after the event has occurred''.

I would not need any more rulles in my sportsbook, that one would be enough for me. Where to ask for licence?

P.S. it is exchange bookie in question (and many exchange bookies bet on their exchange markets)

[thordin86]

actually all the bookies effectively have this rule, in the same or different words.

[statnerds]

agreed, all have some such language. that is why you rely on the advice of others that played there first. or just find a reputable book.

[Bill Dozer]

Its a meaningless rule similar to saying "all decisions are final". The important thing for players is to avoid books with nothing to lose... books that could cite this rule and not care if the brand is ruined.