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My Statement / The reversal
Twenty-one lines that were counted and undone
What a reversal is, and why it looks like a missing line
A reversal is not a deletion. A line that is reversed stays on the statement, and a second line takes its effect away, which is why a reader hunting for a missing line usually finds two lines that cancel rather than one that vanished.
Desk spec
- reversed lines
- 21
- share of 500
- 4.2%
- reversed stakes
- 12
- reversed withdrawals
- 6
the lineOne transaction, with a date, a type, an amount and a running balance. The sample month holds 240 of them, and every one belongs to a category.
the running balanceThe balance after each line, in the statement's own order. It is not the balance you can withdraw, because a bonus credit sits inside it: 312.00 shown against 292.00 settled.
the pending lineA line that has been recorded but not settled. Of 500 lines in the sample, 43 were pending and 21 were reversed, against 436 settled.
Direct answerA reversal is a line that was counted in the balance and then undone by a second line, so both stay on the statement and they cancel. Of 500 sample lines, 21 were reversed (4.2%) - 12 a stake, 6 a withdrawal and 3 a corrected bonus - which is why a missing line is usually two lines in plain sight.
The reversal stays, and a second line undoes it
The alternative to a reversal would be to delete the original line, and a statement that deleted lines would be unauditable. So the original remains, the reverse line follows, and the pair sums to nothing. The cost is that a reader can see an amount and a counter-amount and read them as two unrelated events.
Sample D - the 21 reversed lines, by what was reversed
| What was reversed | Lines | Share | Why |
|---|
| a stake | 12 | 57.1% | the bet was void, so the stake came back |
| a withdrawal | 6 | 28.6% | the payment failed and returned to the balance |
| a bonus credit | 3 | 14.3% | the conditions were not met and the bonus was removed |
| 21 reversals | 21 | 100.0% | both lines stay on the statement |
sample D - the reversals, counted
reversed lines = 21 out of 500 -> 21 / 500 = 4.2%
a reversed stake = 12 -> 12 / 21 = 57.1%
a reversed withdrawal = 6 -> 6 / 21 = 28.6%
a corrected bonus = 3 -> 3 / 21 = 14.3%
and a reversal is always two lines that cancel:
so 21 reversals are 42 lines on the statement, which is
42 / 500 = 8.4% of everything a reader is looking at,
and the pair nets to 0.00 wherever it appears.
Why a reversed stake looks like a loss
A void bet produces a stake and then a return of the same amount, which is a reversal by another name. Read alone, the first line is a loss; read together, the two are a bet that never counted.
samples D and A - a reversed pair, read two ways
a void stake of 25.00, reversed:
line 1: -25.00 the stake -> read alone, a loss
line 2: +25.00 the reversal -> read alone, a win
the pair: -25.00 + 25.00 = 0.00, a bet that never counted
and across the month (sample A: 148 stakes, 62 returns):
the 12 reversed stakes are 12 / 148 = 8.1% of the stakes,
and each one appears twice, as a stake and as a return,
so the pair accounts for 24 of the 240 lines in the month.
Before you call a line missing
- Search for the amount in both directions, since a reversal appears as two lines.
- Check whether the two lines are the same amount, which is the signature of a cancel.
- Check the dates, because the pair may be days apart and in either order.
- Check whether a withdrawal that failed returned as a credit rather than staying pending.
- Check whether a bonus was removed, which is a reversal with a reason attached.
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