Twitter saves player $700 on peer-to-peer wager at Matchbook

7/27/2009 6:09:17 PM


On July 11, 2009, a Matchbook (SBR rating A) player made an offer of $700 at -140 on CB Dolloway who was fighting Tom Lawlor in an undercard non-televised UFC 100 fight. The market price was approximately -240. The player's wager offer was accepted and and he lost his bet to the accepting player. Tom Lawlor won the match. However, the listed start time was 8pm EST nd bloggers were giving the result of the fight as early as 7:41 p.m. There was a Twitter post by popular MMA writer Mike Chiappetta published at 7:51 p.m. giving the outcome of the fight. SBR and the losing player were able to use the official Twitter timestamp as conclusive proof that the fight was over when the bet order was filled. The player's wager was accepted at 7:52 p.m, after the result of the fight was known. Matchbook aided SBR in the investigation, voided the $700 losing trade, and gave the player commission credits for his inconvenience.