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

[Bluehorseshoe]

I am absolutely floored by this. Doesn’t this set a ridiculous precedent and won’t they now have to pay the next +75000 supposed to be -600?

How is a team losing with a minute left -600???

[LT Profits]

How is a team losing with a minute left -600???

Why not? Denver had the ball needing FG to win.

[ikid2groove415]

Because this was plan by FD-
Tremendous free PR

[LT Profits]

How is a team losing with a minute left -600???

Why not? Denver had the ball needing FG to win.

To put it another way, McMannus was -600 to make a field goal with Denver in Oakland territory.

[theflyingbuffalo]

FanDuel must be pretty confident they won't have similar glitches in the future. How many people are going to be watching NFL this weekend with the app or website open hoping to score it big like these guys did? Maybe the PR from this does pay for itself, still sets a terrible precedent.

[ikid2groove415]

FanDuel must be pretty confident they won't have similar glitches in the future. How many people are going to be watching NFL this weekend with the app or website open hoping to score it big like these guys did? Maybe the PR from this does pay for itself, still sets a terrible precedent.

PR alone worth millions - they can double down it won’t happen again? Very suspicious

[Bluehorseshoe]

Why not? Denver had the ball needing FG to win.

The bet was made when Denver was at their own 45 with a minute left.

Prince was handed his 750-1 ticket with about a minute left in the game, as the Broncos trailed by 2 points on their final drive. Denver kicked a field goal with 6 seconds left to win 20-19, capping a second half comeback that started with the Broncos down 12-0.

[LT Profits]

The bet was made when Denver was at their own 45 with a minute left.

So? It was DENVER.

Own 45 is like 15 yards from FG range.

[rangerz2478]

How is a team losing with a minute left -600???

Because they were in range for a 36 yd fg to end it, basically an extra point.

[rangerz2478]

The bet was made when Denver was at their own 45 with a minute left.

No it wasn’t.

[Wohlford]

PR alone worth millions - they can double down it won’t happen again? Very suspicious

Yeah, I'm sure FanDuel was thrilled with all the stories about their rip-off 40-50 cent MLB baseball lines when they started operating in Jersey. But hey, it got their names in some headlines!

Things just got better when they were part of a story about hanging a bad line and initially refusing to pay. Fans love stories about books cancelling or retroactively re-pricing winning tickets.

If FanDuel has a good publicist, they can probably get a few stories in about how their House edge in Fantasy Sports is more than double the 4.5% house edge on normal -110/-110 bets. I'm sure they'd love the publicity from some stories emphasizing that the effectively charge both sides -125 on their Fantasy products (in which they bear no risk).

[ikid2groove415]

Yeah, I'm sure FanDuel was thrilled with all the stories about their rip-off 40-50 cent MLB baseball lines when they started operating in Jersey. But hey, it got their names in some headlines!

Things just got better when they were part of a story about hanging a bad line and initially refusing to pay. Fans love stories about books cancelling or retroactively re-pricing winning tickets.

If FanDuel has a good publicist, they can probably get a few stories in about how their House edge in Fantasy Sports is more than double the 4.5% house edge on normal -110/-110 bets. I'm sure they'd love the publicity from some stories emphasizing that the effectively charge both sides -125 on their Fantasy products (in which they bear no risk).

??? Most people I know said there lines are just like other books -110

[DrunkHorseplayer]

Good thing that he got paid; the best incentive for books to avoid mistakes is to require them to pay up if they do make one. FD should get some small benefit from this in the form of customers going to the book hoping this will happen again and most surely losing their money.

[Bluehorseshoe]

No it wasn’t.

I quoted the article.

[rangerz2478]

I quoted the article.

What article? Every one out there said bets were placed when ball was on Oak 18. Thats not true?

[Bluehorseshoe]

What article? Every one out there said bets were placed when ball was on Oak 18. Thats not true?

Nope. It was put in while the drive was going on. Denver had the ball at their own 45 with 58 seconds left when the bet was placed.

[rangerz2478]

Nope. It was put in while the drive was going on. Denver had the ball at their own 45 with 58 seconds left when the bet was placed.

Show your proof. Because the official statements did not say that. If it was where you are saying, Denver still would've been a small favorite.

[floridagolfer]

FanDuel must be pretty confident they won't have similar glitches in the future. How many people are going to be watching NFL this weekend with the app or website open hoping to score it big like these guys did? Maybe the PR from this does pay for itself, still sets a terrible precedent.

What's the terrible precedent being set here?

A sports book posted a wager. A bettor took it.

When a sports book takes a bet and then claims it's not valid hours later, that's about the worse thing it can do.

[shocka1212]

10 pages......

[billyloco]

Fan Duel paid me $4000 ck last year.

I LUV FD!!

[Bluehorseshoe]

Show your proof. Because the official statements did not say that. If it was where you are saying, Denver still would've been a small favorite.

Why would I lie about it?? LOL

6 paragraphs down.

https://www.nj.com/essex/index.ssf/2018/09/fanduel_to_pay_out_disputed_82k_nfl_bet_to_nj_man.html

[theflyingbuffalo]

What's the terrible precedent being set here?

A sports book posted a wager. A bettor took it.

When a sports book takes a bet and then claims it's not valid hours later, that's about the worse thing it can do.

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.

[thechaoz]

Fan Duel to pay man 82k for bad line

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/20180920/AP/309209778#//

[Louisvillekid1]

Late to the party

but ya

its peanuts for them

might as well

[ans61201]

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#//

All about Timing. They just opened up and are getting killed Pr wise only reason they did it. But you're right sets a terrible precedent

[USCPHILLYGUY]

Hyman all over this story. Also has an “inside” in Congress as well. I’d expect N.J. books to be shut down by weeks end

[thechaoz]

Late to the party

but ya

its peanuts for them

might as well

Ya but next bad line that dings them for millions everyone will point to this story.

All about Timing. They just opened up and are getting killed Pr wise only reason they did it. But you're right sets a terrible precedent

This makes me just want to look for bad lines "generated by their system". I think live lines are the obvious target.

Hyman all over this story. Also has an “inside” in Congress as well. I’d expect N.J. books to be shut down by weeks end

Ok, I'm sure there is a thread. I'll check in on it.
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[LT Profits]

Why would I lie about it?? LOL

6 paragraphs down.

https://www.nj.com/essex/index.ssf/2...to_nj_man.html

Maybe I am blind, but where does it say they were on their own 45?

[ans61201]

Maybe I am blind, but where does it say they were on their own 45?

It doesn't. But with that time on the clock that's where they we're. This part has been confirmed since original story was incorrectly stated that he laid bet at. Beginning of drive. He laid it at their own 45 with just under a minute left

[allabout the $$$]

I was just there and a guy was trying to bet live and the game kept getting suspended while the guy at the counter was putting it in. If they are going to accept live bets just do it on the app

[Bluehorseshoe]

Maybe I am blind, but where does it say they were on their own 45?

Can you see ESPN? lol



(0:58 - 4th) (No Huddle, Shotgun) C.Keenum pass incomplete short left to C.Sutton [B.Irvin].
2nd & 10 at DEN 45

(0:54 - 4th) (Shotgun) C.Keenum scrambles right end to OAK 48 for 7 yards (T.Whitehead).

[fried cheese]

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#//

there is no difference if its in the millions. they just have to eat it. pokerstars ate 10's of millions from payment processor thefts and goverment seizures and paid a billion dollar fine. im sure they can limit their risk by limiting all bets to certain maximum payout amounts though. stock trading bots can malfunction and lose millions and they dont get a refund why should gambling sites? if you have a program offering odds on your behalf then its your fault if they dont offer the right odds.

[TheGuesser]

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.

[LT Profits]

Can you see ESPN? lol



(0:58 - 4th) (No Huddle, Shotgun) C.Keenum pass incomplete short left to C.Sutton [B.Irvin].
2nd & 10 at DEN 45

(0:54 - 4th) (Shotgun) C.Keenum scrambles right end to OAK 48 for 7 yards (T.Whitehead).

That assumes bet was made literally with one minute left, article says "about" and other sources said bet was placed with Denver close to field goal range.

[Bluehorseshoe]

That assumes bet was made literally with one minute left, article says "about" and other sources said bet was placed with Denver close to field goal range.

Whatever.