Heard a rumor Meadowlands sports book didn't pay a Broncos live Ticket

[KVB]

I was shocked by this. No book I know would ever honor such a bad line, "after talking with state regulators".

I'm all for the players and slightly jealous of this guy, but if someone ever hits a huge line into the millions what's the difference? Now you've set a precident for that to happen and get paid...

No, you've set a precedent for the book not to sell a bad line. Selling one is a mistake that costs money.

That's what's being set.

When a person hands you the ticket, it's confirming the line was good. If I call a book and ask if the off line is good, they say yes, then I can bet it.

If ask for the line at a counter, and he sells it to me, not only did I ask if it was a good line by asking for the bet, the clerk confirmed when we both looked it over and he took my money.

Huge difference.

Ok, have fun with this thread, sorry I came back.

[Optional]

The terrible precedent is that now bettors can and should expect to get paid on absurdly incorrect odds, not just at FanDuel but at any NJ book. I personally don't want legalized betting to turn into a situation where winners are largely banned but shot-takers are allowed to wait around on the app all day for +75000 to pop up again.

You're 100% correct about the result.

It sets a great precedent, the same one Nevada has. Book a bet, pay a bet. All tickets are final as written. Hopefully every US jurisdiction where Sports betting is legalized will follow the same rules. I will gladly play at Fanduel as soon as they are available in my state, because I know my money is safe and they will honor their lines. As a new Sports Betting entity in the US, They went a long way toward establishing trust with bettors by coming around to the right decision, and it will pay off for them down the line.

That's not true about Nevada. They void errors too.


Plus no precedent has been set. Fanduel rules are still the same this week as last week. They can still void errors if they choose.

[Plaza23]

Good that they paid. If you print the ticket, you honor that ticket. If you are too careless to post good lines, then you shouldn’t be in business to begin with. And if your software failed you, then that is what insurance is for.

Sportsbook shouldn’t be any different than other industries. Other businesses carry insurance to account for errors, they should as well to cover bad line payouts.

[Optional]

Good that they paid. If you print the ticket, you honor that ticket. If you are too careless to post good lines, then you shouldn’t be in business to begin with. And if your software failed you, then that is what insurance is for.

Sportsbook shouldn’t be any different than other industries. Other businesses carry insurance to account for errors, they should as well to cover bad line payouts.

Not a bad point about insurance actually.

At least that way the books have to pay something for their errors, without risk of killing the business.


wonder why this hasnt been done elsewhere...

[mtneer1212]

I was shocked by this. No book I know would ever honor such a bad line, "after talking with state regulators".

I'm all for the players and slightly jealous of this guy, but if someone ever hits a huge line into the millions what's the difference? Now you've set a precident for that to happen and get paid.



https://www.njherald.com/article/201...P/309209778#//

Actually, this the result you get when you have true state regulators instead of Tico laws, or Panamanian Gaming Regulators, or the Government of Antigua, or......... etc

[Optional]

Actually, this the result you get when you have true state regulators instead of Tico laws, or Panamanian Gaming Regulators, or the Government of Antigua, or......... etc

Where do you see errors honored under rules in any regulated jurisdiction?

[TheGuesser]

You're 100% correct about the result.



That's not true about Nevada. They void errors too.


Plus no precedent has been set. Fanduel rules are still the same this week as last week. They can still void errors if they choose.

Everything I'm reading, including by people who booked in Nevada, is contradicting this. They book it, they pay it, and they toss you.

[Optional]

Everything I'm reading, including by people who booked in Nevada, is contradicting this. They book it, they pay it, and they toss you.

I thought I had read reports of errors on betting apps in Nevada having been voided, but after too much searching can't find a reference, so maybe I'm wrong.

The Nevada Gaming Control Board don't uphold claims for slot machine errors though, so I'd be surprised if they don't view sportsbetting technical errors the same way.

[fried cheese]

I thought I had read reports of errors on betting apps in Nevada having been voided, but after too much searching can't find a reference, so maybe I'm wrong.

The Nevada Gaming Control Board don't uphold claims for slot machine errors though, so I'd be surprised if they don't view sportsbetting technical errors the same way.

i would think it is because slot machines already have a pay chart which shows what you will get when you win. the error is in how much it tries to pay you not in what they agreed to pay you for wins before you bet. in sports betting the error is in what they agreed to pay you before you bet not in what they accidentally paid you by mistake.

if the pay chart was wrong on a slot machine and the slot machine tried to pay you the odds they actually intended then i would think you would be owed what they pay chart said.

[KVB]

The Nevada Gaming Control Board don't uphold claims for slot machine errors though, so I'd be surprised if they don't view sportsbetting technical errors the same way.

Ridiculous. You are in for a big surprise.

Not even close to the same thing. Note even close. Malfunctions void all pays on slots.

There is no reason to think sports betting transactions are viewed the same, they aren't.

Nevada investigates sportsbook errors on a case by case basis. This is a serious thing and the online gambling world simply does not get that.

They don't get that the situation can be exploited, but gaming regulators in the US do get that.

The online players never will because they were never give regulation or choice.

I can't believe I keep checking into this this thread.

Circular and full of bullshit assumptions from online players.

THIS IS NOT ONLINE. It's amazing how many of you don't get that.

This thread should be closed, everything that needs to be said here has been said.

Online sportsbetting experts, who aren't in casinos and actual sportsbooks in the United States, should just stop now.

Just stop now.

It's getting outright stupid in here.

[dymd3z]

I agree completely KVB

[Optional]

Ridiculous. You are in for a big surprise.

Not even close to the same thing. Note even close. Malfunctions void all pays on slots.

There is no reason to think sports betting transactions are viewed the same, they aren't.

Nevada investigates sportsbook errors on a case by case basis. This is a serious thing and the online gambling world simply does not get that.

They don't get that the situation can be exploited, but gaming regulators in the US do get that.

The online players never will because they were never give regulation or choice.

I can't believe I keep checking into this this thread.

Circular and full of bullshit assumptions from online players.

THIS IS NOT ONLINE. It's amazing how many of you don't get that.

This thread should be closed, everything that needs to be said here has been said.

Online sportsbetting experts, who aren't in casinos and actual sportsbooks in the United States, should just stop now.

Just stop now.

It's getting outright stupid in here.

several of the players who bet this error were online bettors.

Did you miss that?

You are the one who has cemented an idea in your head and can't see the forest for the trees here KVB.

In utopia it would nice if it works how you want it to, but when you are dealing with betting computers, thousands of simultaneous customers and amounts of money that can break a corporate business in minutes it just aint going to happen. Whatever PR moves a new industry make today. And Vegas will be the same if a serious error comes up.


Answer this KVB, do you believe the Nevada Gaming Control Board would have ordered these bets paid or cancelled?

[Plaza23]

Yeah one of the guys said he placed the bet with the Fanduel App. So was he even at the place when it happened? Can people from out of state play there with the App?

[KVB]

several of the players who bet this error were online bettors.

Did you miss that?

You are the one who has cemented an idea in your head and can't see the forest for the trees here KVB.

In utopia it would nice if it works how you want it to, but when you are dealing with betting computers, thousands of simultaneous customers and amounts of money that can break a corporate business in minutes it just aint going to happen. Whatever PR moves a new industry make today. And Vegas will be the same if a serious error comes up.


Answer this KVB, do you believe the Nevada Gaming Control Board would have ordered these bets paid or cancelled?

I've said several times that I'm only concerned with bets made over the counter. There is already plenty of "precedent" or protocol for electronic bets, they have handled case by case.

An ESPN article from a link in this thread specifically states that the player was handed a ticket, by a person.

That's the only transaction that is even up for discussion here, the online errors have been beaten to death at SBR arleady.

This is why this thread is getting stupid, everyone is still stuck in the online mentality, attention on app betting and electronic transaction.

While people may want to get paid for that bet, and they may get paid, it's the counter transaction that can't be taken back. Not under the current system.

If I called a book, told them I thought they had a bad line, then they it was good the sold me the bet. Then later declared that it was in obvious error, and I took a shot, what would SBR do?

Once the bet is handed over by the clerk, that play is confirmed by a rep from a book.

Don't give me the 1000's of transaction nonsense, you are back to online bullshit. I've already offered that solution here. Already addressed that nonsense.

If you want to sell a bad line at a counter, you will pay for it.

That's the way it should be and I fear for the industry when the players are supporting the sportsbooks there, they have been brainwashed.

I don't support the players taking shots and I don't condone the books for selling obvious errors.

[KVB]

several of the players who bet this error were online bettors.

Did you miss that?...

Thanks for letting me know that you aren't actually reading my posts.

lol

[Optional]

Thanks for letting me know that you aren't actually reading my posts.

lol

What else did I need to read after this to know you were this badly mistaken? "THIS IS NOT ONLINE. It's amazing how many of you don't get that."

This IS online.

Can't you even admit that?? Why the paragraphs of bullshit that YOU only want to talk about one guy over the counter? It all runs off the same system and same regualtions.

Anyway, you're being an idiot now and I am too busy for it.

[KVB]

I've only been discussing counter transactions Opti, that's why it's getting circular in here. It's gone from online, back to "wait, you can bet live at a counter?" back to, "well, some were at a kiosk." Now it's an online discussion again...lol.

Only the counter transactions matter for my posts, always been that way in this thread.

So if an online book confirmed a line was good on the phone, then sold me the bet, then later said it was an obvious error, what stance would SBR take?

That's what happened at the counter and the book saved a huge ass headache by honoring the bet it sold.

Maybe not a headache in other countries, but in the US that won't fly, at least not initially.

Let's see where it goes from here.

[Optional]

BTW, my point in asking you if you think the Nevada control board would rule the bets should be valid or void, is to see if the basic issue is you think they would in this situation.

If you do think, that's fine, but its a basic point of difference that will prevent us from ever agreeing.

[Optional]

I've only been discussing counter transactions Opti, that's why it's getting circular in here.r.

Then explain this line mate?? "THIS IS NOT ONLINE. It's amazing how many of you don't get that." You're own words betray you.

You're now spinning bullshit to backpeddle.


So what if you dont understand that bets were made online and over the counter using the same system and betting rules? You cant restrict the conversation to your limited knowledge.

You're just ranting everyone else is an idiot because you dont want to talk about reality, but restrict it some theoretical situation of OTC bets not connected to an online computer system... or soemthing

[KVB]

Then explain this line mate?? "THIS IS NOT ONLINE. It's amazing how many of you don't get that." You're own words betray you...

No Opti, those words are me constantly saying that it's not about online transactions. I have been consistent in that. That's why I don't think you've been reading my posts.

It's only about the counter.

You're right, I'm not trying to restrict the conversation, the online conversation has been beaten to death.

That's the only reason I'm in this thread, because that ticket was NOT ONLINE.

It was made at a counter.

If it were about online, kiosk, or app, it wouldn't even be news to me, even if it is to everyone else. It's not a new story.

[Optional]

I know you have been consistent demanding it's only about your perception of a counter transaction.

That makes no sense. This issue at hand invovles more bets made online than OTC anyway.... plus it's all the same system and rules.

You seem upset "online people" want to impose their rules onto OTC. Whilst trying to insist your version of OTC rules should apply to the NJ system.

I think the proof of what I say is the rule about cancelling errors remaining on the Fanduel site. (and probably in the rules of all 7 other operators too)



Don't get me wrong, I think books cancel way too many bets under the excuse of errors. But there needs to be incentives to reduce it, 'book the bet, pay the bet' just is not feasible anymore in this hi-tech world.

The insurance idea someone mentioned above is good. A system like that could be very positive I think.

[KVB]

...'book the bet, pay the bet' just is not feasible anymore in this hi-tech world.

The insurance idea someone mentioned above is good. A system like that could be very positive I think.

I realize live betting changes the game too, but this America Opti and we have a lot of guns.

It's still "you book the bet, you pay the bet."

Public perception a big deal too, it's different here and change won't be easy.

The book will need to be accountable.

[Optional]

I realize live betting changes the game too, but this America Opti and we have a lot of guns.

It's still "you book the bet, you pay the bet."

Public perception a big deal too, it's different here and change won't be easy.

The book will need to be accountable.

These sort of stories go badly for books in the media everywhere btw.

[TheGuesser]

several of the players who bet this error were online bettors.

Did you miss that?

You are the one who has cemented an idea in your head and can't see the forest for the trees here KVB.

In utopia it would nice if it works how you want it to, but when you are dealing with betting computers, thousands of simultaneous customers and amounts of money that can break a corporate business in minutes it just aint going to happen. Whatever PR moves a new industry make today. And Vegas will be the same if a serious error comes up.


Answer this KVB, do you believe the Nevada Gaming Control Board would have ordered these bets paid or cancelled?

Based on everything I've read, they would have ordered the book to pay. The Book then would toss the player(s) from further action. But Nevada almost never makes such egregious mistakes anymore because the books have their acts together, and are incentivized to avoid them, precisely because of the "we book it we pay it" policy.

[floridagolfer]

As others have said, the best thing that could have come out of this is some sort of concrete ruling either from FanDuel or NJ about when a book is allowed to rule that a bet was priced incorrectly and therefore void. FanDuel did not originally agree to pay the wager, if the original guy didn't complain and took the $500 and tickets offered to him, do we even get to this point? They only caved after pressure from the American public that is largely uninformed about betting painted this as a case of a dishonest company trying to cover its losses after making a mistake, when in reality this bet was only available for an 18-second window and those bettors knew exactly what they were doing.
However, instead of getting a concrete ruling, FanDuel decided it was in their best interest to honor the bet. The terrible precedent is that now bettors can and should expect to get paid on absurdly incorrect odds, not just at FanDuel but at any NJ book. I personally don't want legalized betting to turn into a situation where winners are largely banned but shot-takers are allowed to wait around on the app all day for +75000 to pop up again.

Some good points. And maybe FanDuel, or any sports book, will check its work before it offers wagers for sale.

[Brooklyn Dick]

When you go to a legal sportsbook regulated by the State it is a whole new ballgame. These lice that call themselves Bookmakers like Fanduel will find that out soon enough. The advertisement for the whole Supreme Court Ruling is letting the public bet with a guarantee to get paid. If you get a ticket it will be like legal tender and any good lawyer will get your money no matter how big the mistake. Take advantage while you can folks. These guys will screw you any way they can, and you can do the same to them if given the opportunity.

And I am waiting for someone to hire a top lawyer that is barred from one of these joints to sue them on that score also.

[Mrtop7]

Some good points. And maybe FanDuel, or any sports book, will check its work before it offers wagers for sale.

agree but in-game happens real fast on a phone.

[LT Profits]

agree but in-game happens real fast on a phone.

Someone posted that most B&Ms only take live betting during commercial breaks, which would make a ton of sense if true. On the other hand, I also read that this bogus line was up for 18 seconds, which would imply live-action betting, so who the fukk knows.

[allabout the $$$]

Someone posted that most B&Ms only take live betting during commercial breaks, which would make a ton of sense if true. On the other hand, I also read that this bogus line was up for 18 seconds, which would imply live-action betting, so who the fukk knows.

they have live action betting. i was there yesterday and there were guys betting twins - 80000 in the 9th inning with 1 out.

they suspend a lot of lines quickly on saturday there were guys trying to bet football games live and it was suspended by the time the clerk put the wager in

[fried cheese]

Someone posted that most B&Ms only take live betting during commercial breaks, which would make a ton of sense if true. On the other hand, I also read that this bogus line was up for 18 seconds, which would imply live-action betting, so who the fukk knows.

the small casinos that are relatively close to me did it on commercial breaks but I don't know how large books do it live.

[Optional]

Based on everything I've read, they would have ordered the book to pay. The Book then would toss the player(s) from further action. But Nevada almost never makes such egregious mistakes anymore because the books have their acts together, and are incentivized to avoid them, precisely because of the "we book it we pay it" policy.

I think that history has more to do with low volume and limited real time betting options.

Even though I could not find a link, I'm still fairly certain there has been at least 2 cases of cancelled bets from apps in NV this year.

Someone posted that most B&Ms only take live betting during commercial breaks, which would make a ton of sense if true. On the other hand, I also read that this bogus line was up for 18 seconds, which would imply live-action betting, so who the fukk knows.

It appears to be running off the same backend Paddypower and Sportsbet use in other countries.

As the bet was made with just over a min left in reg time. It was definitely real time live in play bets.