How Settlement Works
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How Settlement Works
What Happens When a Match Ends?
After a match or market is completed, Gamting Exchange settles all bets at once. Settlement means the exchange calculates your total profit or loss across ALL your bets on that market and adjusts your wallet accordingly.
Important: All Bets on Same Market are Settled Together
This is a key difference from bookmakers. On a traditional bookmaker, each bet is settled independently. On Gamting Exchange, all bets on the same market are combined into one net result.
Example: Multiple Bets on Same Market
You placed 4 bets on "India vs Australia - Winner":
| # | Type | Team | Odds | Stake |
|---|---|---|---|---|
| 1 | Back | India | 2.00 | 5,000 |
| 2 | Lay | India | 1.80 | 3,000 |
| 3 | Back | Australia | 2.50 | 2,000 |
| 4 | Lay | Australia | 2.20 | 1,000 |
If India wins:
- Bet 1 (Back India): +5,000
- Bet 2 (Lay India): -2,400 (liability = 3,000 x 0.80)
- Bet 3 (Back Australia): -2,000
- Bet 4 (Lay Australia): +1,000
Net = +5,000 - 2,400 - 2,000 + 1,000 = +1,600 profit
The exchange settles this as one single +1,600 credit to your wallet — not four separate transactions.
Settlement Transaction Types
| Transaction Type | When It Happens | Wallet Impact |
|---|---|---|
| Debit (bet placement) | When you place a bet | Money held from your wallet as exposure |
| Credit (exposure adjustment) | When exposure decreases (e.g. hedging) | Money returned to your wallet |
| Credit (settlement payout) | When market settles and you have net profit | Winnings added to your wallet |
| None (zero amount) | When bet has no exposure change | No wallet impact — just recorded for reference |
Commission
Gamting Exchange may charge a small commission on your net winnings (not on losing bets). This is how the exchange earns revenue. Commission is deducted automatically at settlement time.
Key takeaway: All your bets on the same market are settled as one combined result. You see one net credit or debit — not individual bet settlements.
