Originally posted on 11/26/2012:

Quote Originally Posted by indio View Post
Sad state of affairs when so many people can justify the outright theft this slimeball perpetrated on the book. Was paid $3990 on .57 cent bet that should have paid $390, and then uses that stolen money to win 40k, and he's surprised they want their money back?

The worst excuse is saying that he called customer service and since they said it was correct, then everythings hunky dory. Who do you think is working customer service, geniuses? They look on the screen at the computer, most of them don't understand how odds work, so it's not surprising they would verify, they don't know any better. But bettors and upper management would of known. And don't give us the babe in the woods routine, you knew 7000-1 was a huge clerical error, and yet you want people to sympathize with you?

7,000-1. That's more than state lotteries pay out on hitting a straight pick 4. Do you really want us to believe that you're stupid enough to believe that hitting a 6 team pleaser has a probability of less than .00014 ?

There are not many options for US players. They work on low margins as it is, then they have to try and get money in and out of the US, which is not very easy these days. Not only is it expensive, but they have to write off the occasional bank account seizure as well. Whether or not that provision is worked out before hand with the processor or not, I don't know, but either way, it's a big added expense. So combined with low margins and financial processing expenses, you need a group of customer service reps to work the phones and computers. How sharp do you expect these clerks to be when it comes to payout amounts? Would you prefer to pay -125/-125 on bets and have people with Stanford Calculus degrees working the phones?

You were given money that you were not entitled to, and since you have cashed out 11k (that you don't intend to pay back), you should thank your lucky stars. But what do you do? You actually have the nerve to want even more.

Karmas a bitch, and when it catches up to you, I hope it is just.
It's not outright theft by any means. He got extremely +EV odds on his bet, but it was still a longshot that won. His money was definitely at risk and the bet should be honored as well as all bets that followed. BTW, I've seen extremely heavily juiced future odds where the Book is attempting to rape all bettors--so would you support the players being reimbursed in this case?

Worst case is that the original bet is reduced to appropriate odds (a loss of 3k in winnings). The rest of his action should stand. 5D is the would-be thief here, not the OP. Pay the guy.