Is there a way to cancel a bet on bet365?

Made a bet on  bet365, and now regretting it? Perhaps you felt so sure about the starting eleven of a team that you bet on, and now you see that the lineup is totally different. Maybe an injury has unexpectedly taken the best player out of the game? Naturally, you will probably be wondering whether you can cancel it and get your money back. We'll give you the bad news first: there is no way to completely cancel a bet on bet365. Nevertheless, there are several things that you can do to rearrange your bet so that it is more to your liking. No need to despair, therefore.

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How to edit your bet on bet365

You can't cancel your bets on bet365 but they offer a great feature called " edit bet". Edit that bet you regret and it could turn into a winner! Single bets can be edited as long as they are unsettled, you have the facility to swap or add selections for your unsettled single bets. Both pre-match and in-play bets can be edited. Edit your bet by heading to 'My Bets' then clicking the 'Cash Out' tab. Then, select 'Edit Bet'. Now, you can edit the details of your bet (the format is very similar to placing a new bet). Add, update or swap selections to suit your requirements. The current cash out value that you used when placing the original bet will become the stake for your new, edited bet. Once you are happy with your edits, you will need to click 'Save Changes' followed by 'Confirm' in order for your new bet to become valid.

An additional consideration to bear in mind

When you edit your bet, the values of payouts may have gone up or down. Odds can change rapidly, and when you edit your bet, bet365 will apply the odds and values that exist at the time of editing to your bet (not the odds and values that existed when you made the original bet). Odds and payout values can also change whilst you are in the process of editing your bet, so it is highly recommended that you attempt to complete your edits as soon as possible.

How to avoid regrets with future bets

The edit bet feature at bet365 goes some way to mitigating the annoyance and frustration that you feel at having placed a misjudged bet. A much better scenario would be never to have placed that bet in the first place. Following this three point guide to placing a bet will help you to avoid laying misguided bets in future.

1. Do your research

Make sure that you know as much as possible about the phenomenon you are betting on, whether it is a football team or a political event. Many gamblers will say that they rely on their 'gut feeling', but that is not enough: thoroughly researching all relevant factors by reading current news articles (here you can find information about players' injuries, previous performances and likely standing in the next season) will help you to place much better informed bets.

2. Check that you can afford to place that bet

Often, regret comes because you placed a bet that you couldn't really afford to place. Never bet more money than you can afford to lose - placing your last £50 on a football match in the hope of winning it back is a very risky business. It goes without saying that you should never bet money that was reserved for food, rent, bills and presents for your loved ones either.

3. Stop and think

In a rush to place that bet? Stop. Go for a walk, go and chat it over with a friend, or simply force yourself to count to 60 before you return to the bet365 site. Still happy about the bet and the amount of the money you are wagering? Go ahead! Having some doubts now? You're probably glad you took a breather before committing yourself.

The lowdown: bet wisely, and learn to use the edit bet feature

In sum, though a limited number of bets on bet365 can be removed, it is not possible to delete the most popular types of bets: single bets. Instead, these bets can be edited. The cash value of the stake cannot be edited, however. Making well informed, considered bets and not betting more money than you can afford will hopefully help to ensure that you do not find yourself frantically trying to find out how to delete a bet in the future.

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