> For the complete documentation index, see [llms.txt](https://docs.lsports.eu/u/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lsports.eu/u/trade/settlements-rulebook.md).

# Settlements Rulebook

Sport-specific settlement rules for TRADE markets

This section documents the settlement rules, principles, and result handling for betting markets across different sports. Each page explains how LSports processes and resolves specific market types.

***

## Settlement Principles

All settlements follow these core principles:

1. **Official Results** — Settlements are based on official results from governing bodies
2. **Timing** — Settlements are triggered when fixture status changes to Finished (ID 3)
3. **Dead Heat Rules** — When applicable, stakes are divided equally among tied selections
4. **Void/Refund** — Bets are refunded when events are cancelled, abandoned, or results are unavailable

***

## Settlement Rules by Sport

| Sport                                                         | Coverage                                          |
| ------------------------------------------------------------- | ------------------------------------------------- |
| [Football](/u/trade/settlements-rulebook/football.md)         | Match result, goals, corners, cards, player props |
| [Basketball](/u/trade/settlements-rulebook/basketball.md)     | Match winner, totals, quarters, player props      |
| [Horse Racing](/u/trade/settlements-rulebook/horse-racing.md) | Race winner, place markets, position markets      |

***

## Settlement Status Codes

| Code | Status       | Description                    |
| ---- | ------------ | ------------------------------ |
| -1   | **Canceled** | The bet settlement is canceled |
| 1    | **Loser**    | The bet has lost               |
| 2    | **Winner**   | The bet has won                |
| 3    | **Refund**   | There should be a refund       |
| 4    | **HalfLost** | Half of the bet has lost       |
| 5    | **HalfWon**  | Half of the bet has won        |

For complete enumeration details, see [Bet Settlements & Statuses](/u/trade/enumerations/bet-settlements-and-statuses.md).

***

## Related Documentation

* [Settlements Concept](/u/trade/concepts/settlements.md) — General settlement process
* [Fixture Lifecycle](/u/trade/concepts/fixture-lifecycle.md) — When settlements are triggered
* [Message Structure](/u/trade/integration/message-structure/settlement.md) — Settlement message format


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