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FanDuel not honoring bet that would have paid more than $82,000 due to error
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Date: September 19th, 2018 1:41 PM Author: lake cumskin space FanDuel not honoring bet that would have paid more than $82,000 due to line error play Scott Van Pelt explains why despite being inclined to always root against the house, he doesn't back a fan's claim for a large payout over a technical glitch. (1:14)
1:23 PM ET David Purdum ESPN Staff Writer For one New Jersey bettor, the Denver Broncos were a long shot too good to be true.
New Jersey bookmaker FanDuel declined to honor a $110 bet on the Broncos on Sunday that would have paid more than $82,000, due to an error in the oddsmaking process, the company said.
"The wager in question involved an obvious pricing error inadvertently generated by our in-game pricing system," a FanDuel spokesperson said in a statement.
The bettor, who identified himself to News 12 New Jersey as Anthony Prince, placed the wager over the counter at the sportsbook at the Meadowlands Racetrack with Denver trailing the Oakland Raiders 19-17 late in the fourth quarter.
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After quarterback Case Keenum completed a pass down to the Oakland 18-yard line, putting the Broncos in comfortable field goal range, FanDuel attempted to update the live betting odds to reflect Denver as a -600 favorite. However, according to the company, an error in the live-odds feed caused the Broncos to be posted as 750-1 (+75,000) underdogs to win the game.
Prince went to the counter, bet on the Broncos at the erroneous 750-1 odds and received a ticket that showed a potential payout of $82,610. At the correct odds of -600, he would have won a net $18.35.
Denver kicker Brandon McManus hit the 36-yard winning field goal with 10 seconds to play, giving the Broncos a 20-19 win, but when Prince went to the counter, he was told the bet would not be paid out at the 750-1 odds.
FanDuel instead offered to pay him around $500 and give him tickets to three New York Giants games. Prince declined to take FanDuel's offer and told News 12 New Jersey that he planned to hire an attorney.
"They said their system had a glitch in it and they're not obligated to pay for glitches," Prince told the TV station.
"A small number of bets were made at the erroneous price over an 18-second period," FanDuel said. "We honored all such bets on the Broncos to win the game at the accurate market price in accordance with our house rules and industry practice, which specifically address such obvious pricing errors. We have reached out to all impacted customers and apologized for the error."
The New Jersey Division of Gaming Enforcement is investigating the matter. The sports betting regulations that are in place in New Jersey state: "A wagering operator shall not unilaterally rescind any wager ... without the prior approval of the Division."
FanDuel's house rules, however, state that "where a blatant or palpable error is made in offers made, prices offered or bets accepted or in the transmission of any event on which we have purported to offer Live Betting, bets may be settled at the correct price at the time at which the bet was placed, as determined by FanDuel Sportsbook."
Other jurisdictions with legal betting handle the issue differently.
In Nevada, mistakes in the odds are not uncommon and can occur multiple times a month at sportsbooks. If a similar dispute happened in Nevada, the bookmaker would be required to contact the Gaming Control Board in order to investigate the matter.
Some Nevada books have paid off bets that were placed on bad odds but then refused to take action from the bettors who took advantage of the mistakes in the future.
In the United Kingdom, where FanDuel owner Paddy Power-Betfair has operated for decades, mistakes in the odds are called palpable errors or "palps" and generally result in voiding the bet. |
Date: September 19th, 2018 1:46 PM Author: pearl hall I hope he sues the fuck out of them fuck these scumbags (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841113) |
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Date: September 19th, 2018 1:48 PM Author: lake cumskin space eh he bet $110 to win $18 and there was an error that said he woulda been paid $82000 (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841129) |
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Date: September 19th, 2018 1:51 PM Author: pearl hall A rounding error (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841147) |
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Date: September 19th, 2018 1:51 PM Author: appetizing home Prince went to the counter, bet on the Broncos at the erroneous 750-1 odds and received a ticket that showed a potential payout of $82,610.
$port$ bet$ fraud$$$$ |
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Date: September 19th, 2018 1:51 PM Author: infuriating crimson blood rage business firm he bet $110 to win $82k. see how that works. (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841152) |
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Date: September 19th, 2018 2:13 PM Author: Salmon galvanic brunch (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841358) |
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Date: September 19th, 2018 2:09 PM Author: adventurous opaque whorehouse jfc they change odds on a play-by-play basis now? (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841310) |
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Date: September 19th, 2018 2:11 PM Author: lake cumskin space pretty normal no? would you expect the same odds if a team scored a touchdown to get ahead with a minute left in the game? (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841336) |
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Date: September 19th, 2018 2:12 PM Author: adventurous opaque whorehouse I thought they stopped taking bets at kickoff obviously I am not hip to the degree of degeneracy at issue here (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841352) |
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Date: September 19th, 2018 2:23 PM Author: Razzle casino nah there's in play betting. a lot of books will have numerous markets for a game (pre-game lines, totals, prop bets) and in play (chances they score a TD on this drive, etc. type bets) (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841456) |
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Date: September 19th, 2018 2:17 PM Author: Salmon galvanic brunch I don't know anything about sports betting, but it seems like he bet $110 on 750-1 odds. If it were such an obvious and palpable error, why didn't FanDuel catch it before offering those odds to paying customers? (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841395) |
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Date: September 19th, 2018 2:20 PM Author: lake cumskin space they offered it for 18 seconds, it was clearly an error
issue is that The sports betting regulations that are in place in New Jersey state: "A wagering operator shall not unilaterally rescind any wager ... without the prior approval of the Division." |
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Date: September 19th, 2018 2:20 PM Author: Salmon galvanic brunch Is that normal? If they're adjusting the odds play-by-play, 18 seconds doesn't seem outrageous. (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841433) |
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Date: September 19th, 2018 2:21 PM Author: lake cumskin space no idea (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841438) |
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Date: September 19th, 2018 2:30 PM Author: Confused Supple Meetinghouse If they cancelled the bet before the conclusion of the game, I would be somewhat sympathetic to their position. If they didn't, fuck them. (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841512) |
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Date: September 19th, 2018 2:17 PM Author: Fiercely-loyal boistinker abode Seems like an obvious error. These are like people who buy plane tickets for $1 and expect it to work. (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841402) |
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Date: September 19th, 2018 2:19 PM Author: infuriating crimson blood rage business firm if i tell the jury "fuck that my client is guilty" and can't claim a glitch. take responsibility for your shit. (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841414) |
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Date: September 19th, 2018 2:22 PM Author: Salmon galvanic brunch (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841442) |
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Date: September 19th, 2018 2:33 PM Author: Red Cowardly Theatre Yarmulke TWIST: if often does (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841548) |
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Date: September 19th, 2018 2:32 PM Author: Red Cowardly Theatre Yarmulke FUCK THEM, get the $ (http://www.autoadmit.com/thread.php?thread_id=4081374&forum_id=2#36841538) |