Your account behavior and actions are also taken into consideration, and once your checks are valid and everything is legal and clear, your bet is settled. All this checking may take a long time, like an hour or longer, and as soon as everything is clear, Bet365 will consider your bet settled and pay you.
Bets will be settled once the full result of that event or market is known. Sometimes results may be delayed due to a photo finish, a force majeure or a technical issue. If a bet you've placed hasn't been settled, make sure that the event has finished.