Just like with any online gaming sites, myBet has strict rules when it comes to closing bets. These rules must be strictly adhered to in order that the contract between the member and the betting site is valid. Failure to observe the rules may result to a breach of contract which may force the gaming site to close the bettor’s account.

The first thing that must be done by a bettor in order to close a bet is to sign in using their usernames. Logging out is at the pleasure of the bettor. Also note that a bet is only valid if there is enough credit to cover the stakes in the account of the bettor.

In the unfortunate event that credit in the bettor’s account is not enough to cover the stakes, and if the balance is not filled in due time, the bet shall be confined to the same stake as the balance in the account. This is one instance where a bettor does not necessarily get the amounts for which they bet even if they win.  Another rule for closing a bet is that myBet reserves the right to accept or reject a bet without giving any reasons for doing so. A bet will be rated as having odds of 1.00 if it is declared ‘invalid’. In the individual bets parlance, this means the same as crediting the bettor’s account again. If instead it refers to multiples, the total odds for that multiple will be worked out without taking into account the invalid bet’s odds. If a member agrees to close a bet, they accept myBet current betting terms and conditions. The bettor also, by closing the bet, the bettor declares that they do not have any information for any manipulation whatsoever.

Closing a bet also means that the bettor has no prior information on the outcome of the event.MyBet does not guarantee the wholeness or truism of the information provided by it. Therefore, the bet’s validity is not affected by the absence of any such information. Moreover, there is an assumption that by the time the customer goes to bet while spending time at online casinos and having lot of fun. Then they are well equipped with the necessary information.

Once the concluding confirmation has been has been rendered by the bettor, only then is a bet deemed completed. The bettor reserves the right to change his forecasts until the ultimate declaration is given. After declaration, the bettor may not be able to revoke the bid.