You are not permitted to download, save or email this image. Visit image gallery to purchase the image.
The company said it had refunded 11,458 people a total sum of $426,223 after the host nation won the final on a controversial boundary countback rule following tied scores after 102 overs of cricket.
According to AAP, Sportsbet spokesperson Rich Hummerston said it wouldn't be fair to take money off New Zealand fans after the Black Caps technically didn't lose.
"Punters who backed New Zealand in both the head to head and the outright tournament market will be refunded their stakes in bonus bets.
"Let's not beat around the bush, for a World Cup to be decided in that manner is an absolute disgrace, and the punters shouldn't have to pay for the ineptness of the ICC," Hummerston said.