# Settlements Rulebook

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.

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## 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

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## 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      |

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## Settlement Status Codes

| Code | Status        | Description                   |
| ---- | ------------- | ----------------------------- |
| 1    | **Not Set**   | Settlement pending            |
| 2    | **Win**       | Selection won                 |
| 3    | **Lose**      | Selection lost                |
| 4    | **Refund**    | Bet voided, stake returned    |
| 5    | **Half Win**  | Dead heat or partial win      |
| 6    | **Half Lose** | Partial loss (Asian handicap) |

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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