While it is rare for a betting site to go under, it can happen, so let us give you some comfort in case of this eventuality. If you have funds in your account, and the betting site does stop trading, the first thing you should know is that you won’t lose the money. If the betting site folds, over the coming weeks following the closure, your funds will be paid back to you through your desired withdrawal method. You will usually be kept informed via email if the business goes under, and of course, you’ll receive an update for when your funds are paid out too.