General
The Rule 4 deduction is an industry standard where a quoted deduction is applied for every 1.00 unit of currency won.
When Sportsbooks offer odds on an event, they do so expecting all participants to take part. When a participant is withdrawn from a multi-participant market (not 2-way) a Rule 4 deduction is applied to all bets placed before the withdrawal, to reflect the reduced amount of competitors.
The size of the deduction is dependent on the odds of the withdrawn participant(s) at its time of withdrawal, the shorter the odds the larger the Rule 4 deduction.
Rule 4 (Deductions) Table
1.11 or shorter €0.90
1.18 to 1.12 €0.85
1.25 to 1.20 €0.80
1.30 to 1.28 €0.75
1.40 to 1.33 €0.70
1.53 to 1.44 €0.65
1.62 to 1.57 €0.60
1.80 to 1.66 €0.55
1.95 to 1.83 €0.50
2.00 to 2.20 €0.45
2.25 to 2.50 €0.40
2.60 to 2.75 €0.35
2.80 to 3.25 €0.30
3.40 to 4.00 €0.25
4.20 to 5.00 €0.20
5.50 to 6.50 €0.15
7.00 to 10.00 €0.10
11.00 to 15.00 €0.05
over 15.00 no deduction
When a participant withdraws at odds of between 11.00 and 15.00, bookmakers normally make a 5¢ in the € deduction to winnings. bet365 has abolished the first such deduction in any event.
In the event of two or more participants withdrawing before an event the total deductions shall not exceed 90¢ in the €.
Should a participant withdraw and a new market formed then any bets laid at prices prior to the new market will be subject to the above deductions. In the event of a further withdrawal after the market has been reformed then bets placed at prices in the original market will be subject to a further deduction based on the price of the withdrawn participant in the original market. Bets placed in the new market will be subject to a deduction based on the current price of the withdrawn participant.