# Settlements

In the following article, we will explain LSports settlement logic, how it works, what can trigger a settlement, and what can differ from an original settlement.

LSports settlements logic is based on a live feed input, therefore, it can be triggered only in case an event has a live feed coverage or a manual Full-Time result input. When there is an incident during an event (fixture) that is related to one market or more, it triggers a settlement for all the relevant markets.

For example - if there was a corner kick during a football event, all the related “Corner” markets that can be decided for a winner or a loser, will be decided accordingly after 1 minute (depending on the market type and the incident).

Under/ over – for every score incident, all lines that are related to the score in question will result accordingly in a minute's time.

### **How will a VAR affect the above-explained resulting flow?** <a href="#how-will-a-var-affect-the-above-explained-resulting-flow" id="how-will-a-var-affect-the-above-explained-resulting-flow"></a>

What does VAR stand for? The initials are Video Assistant Referee. Meaning: an assistant video referee who examines decisions made by the main referee with the help of the television cameras.

Within current LSports logic, if a VAR flag is raised within **1 minute's time**, the resulting system will be **delayed for 10 minutes**, after which the resulting will calculate the latest score and determine the outcome of the VAR.

In the case where the VAR flag is raised after a minute’s time of a disallowed goal report, the initial result that came after a minute will be canceled.

### **Manual Settlements**

Some markets do not have a predefined automatic settlement logic. To guarantee full coverage we have expanded our manual settlement service to all market types across all fixtures.

* **When is it used?** Whenever a market cannot be closed automatically by the data feed or by a full-time result.
* **How does it work?** Contact the LSports support team with the fixture ID and market name. Our trading team will review the request and manually apply the correct settlement.
* **Delivery of the result.** Once processed, the settled result is distributed through the regular API and data feeds so your systems receive it in the same way as any other settlement.

### Settlement Refund & Cancellation

Q: When will I get a refund?

A: In cases where the bet in question couldn’t be settled I.e.:

* Market ‘Player to score anytime’ - If the player in question never played during the match, the bet on his name will be refunded at the end of the match
* The event gets abandoned – Full-time results markets will be refunded
* The event got canceled before it got kicked off.
* Market "12" - If the match ends in a draw, the bets will be refunded at the end of the match.

Q: When will I get bet cancellations?

A: In cases where the initial score/incident was reverted.

* i.e. - 'Next Point Winner – If the point is getting canceled after it's been confirmed, the sent rustling upon confirmation will be canceled.


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