what does an unsettled bet mean ? on bet 365?

An outcome is still not determined. It could be a parlay, and all of the games of that parlay have not been played out yet.

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i think its all on the motives like if your doing it to impress a son or show off your bodyy that might be seriously wrong

It only means that Bet365 hasn't graded the wager yet. It is possible (and happens frequently) that the match has been decided, but they haven't gotten around to inputting this information into their system yet.