I haven't seen anyone post what the score would need to be to have a 750-1 price offered, we know for sure a 2 point deficit with less than 2:00 left is not it. Thinning even 35-0 going to the 4th quarter wouldn't get to 750-1.
Comment
Optional
Administrator
06-10-10
61722
#108
Originally posted by KVB
How do they plan on doing that?
Ideally the book would have to remit the funds they won on the losing side to some sort of fund if they want to cancel bets.
Most of the time the losing side won't have any bets if the odds are out of whack though.
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fried cheese
SBR MVP
09-17-13
4461
#109
Originally posted by Shifty
FWIW, At the end of the Cowboys-Giants game Sunday night Fanduel briefly put up 360-1 on the Giants after Dallas recovered the on sides kick with seconds to go. Pretty stupid of them trying to skim a few more dollars at the end of a game. The mistake could have been avoided if they didn't put up those crazy odds in the first place.
so can you argue that is an obviously bad line then? no way teams fumble a kneel down for a td return or give up hail mary around 1 in 400 attempts.
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fried cheese
SBR MVP
09-17-13
4461
#110
Originally posted by exstatman
I haven't seen anyone post what the score would need to be to have a 750-1 price offered, we know for sure a 2 point deficit with less than 2:00 left is not it. Thinning even 35-0 going to the 4th quarter wouldn't get to 750-1.
its not that high. the chargers were only up by 15 with over 7 mins left and espn had the odds of the chargers winning at 99.9. so thats 999 to 1 with no juice and the odds might be higher since 99.9 is the highest percentage they can use.
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Joey Vigs
SBR MVP
06-10-18
1425
#111
Originally posted by exstatman
I haven't seen anyone post what the score would need to be to have a 750-1 price offered, we know for sure a 2 point deficit with less than 2:00 left is not it. Thinning even 35-0 going to the 4th quarter wouldn't get to 750-1.
There is no scenario where a team would be 750-1 live to win. If a game is 49-0 in the 4th quarter they don’t hang a live line. Any score that would merit a team being 750-1 would not have a line hung.
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Optional
Administrator
06-10-10
61722
#112
Originally posted by Joey Vigs
There is no scenario where a team would be 750-1 live to win. If a game is 49-0 in the 4th quarter they don’t hang a live line. Any score that would merit a team being 750-1 would not have a line hung.
This bet was made with 1 minute to go.
The book kept live betting open longer than most. Right to the end.
Odds would always go to max at some point in that situation. Like one side almost always ends up at 1000/1 on Betfair live.
If they hung 360/1 on Giants it appears they are greedy for sucker money to me.
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fried cheese
SBR MVP
09-17-13
4461
#113
Originally posted by Joey Vigs
There is no scenario where a team would be 750-1 live to win. If a game is 49-0 in the 4th quarter they don’t hang a live line. Any score that would merit a team being 750-1 would not have a line hung.
college football has odds higher than that for the regular game line. arkansas-pinebluff was 2500-1 last week.
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Joey Vigs
SBR MVP
06-10-18
1425
#114
Originally posted by fried cheese
college football has odds higher than that for the regular game line. arkansas-pinebluff was 2500-1 last week.
I’m not talking pre game. I’m talking live. They wouldn’t hang a line of +75000 on a game. Anyngame that called for a line like that. Wouldn’t have one hung.
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exstatman
SBR MVP
11-02-06
1060
#115
Originally posted by fried cheese
its not that high. the chargers were only up by 15 with over 7 mins left and espn had the odds of the chargers winning at 99.9. so thats 999 to 1 with no juice and the odds might be higher since 99.9 is the highest percentage they can use.
When ESPN sets odds, we may all be in trouble. Plus, a side was was 1000-1 to win would have about 400-1 on the other side. It would take probably closer ot 3000-1 to get 750-1 on the other side.
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Greenline
SBR High Roller
10-05-17
167
#116
Crap spot for FD to be put in when the story for super rec players is going to be remembered as FD snaked out of a bet.
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Joey Vigs
SBR MVP
06-10-18
1425
#117
ESPN percentages to win are a joke. I’ve seen 99.9 to win, lose. I can’t remember the game but it happened not to long ago. I think the Yankees Red Sox Sunday night game that Chapman blew the Yankees were 99.9 in the 9th inning.
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jjgold
SBR Aristocracy
07-20-05
388179
#118
mistakes happen all the time, no technology is perfect
Rules are rules
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fried cheese
SBR MVP
09-17-13
4461
#119
Originally posted by exstatman
When ESPN sets odds, we may all be in trouble. Plus, a side was was 1000-1 to win would have about 400-1 on the other side. It would take probably closer ot 3000-1 to get 750-1 on the other side.
doesnt matter if espn is good at setting lines or not. but if they set the line there then its not an obvious error is it?
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DrunkHorseplayer
SBR Hall of Famer
05-15-10
7719
#120
A book paying up rarely on an obvious error is better than the book being able to stretch the definition of "bad line" at will in order to screw bettors, which will ultimately happen. They took the bet, they should honor it and, if they want, boot the bettor; hopefully, NJ law is on the bettor's side.
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BriGuy
SBR MVP
12-06-11
1556
#121
Originally posted by cx89
Hitting a bad line...
$500 bones + 3 games in a skybox vs. Some midget named tony calling you a piece of shit and pocketing your funds.
Hey, that's a typical Friday night for some members of this forum....
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clip1
SBR Sharp
05-06-06
454
#122
Originally posted by Shifty
FWIW, At the end of the Cowboys-Giants game Sunday night Fanduel briefly put up 360-1 on the Giants after Dallas recovered the on sides kick with seconds to go. Pretty stupid of them trying to skim a few more dollars at the end of a game. The mistake could have been avoided if they didn't put up those crazy odds in the first place.
if they keep on doing this shit it's on them
they trying to milk sucker money and if it's a lose then it's fine
but if it's a win it's "abviously a bad line"
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blackbox
SBR MVP
02-28-08
1415
#123
Question is there a control board that you can simply let decide this issue As in Nevada. No question as to the case. Just curious. gl to all Excuse me saw a good answer in post #6 gl guys
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The Kraken
BARRELED IN @ SBR!
12-25-11
28918
#124
Originally posted by Joey Vigs
Aren’t you a pill head I thought I remebered reading that when I just lurked SBR
And no, they don’t owe this gambler the money. Clear bad line. I’m not saying he was taking a shot, but it’s clearly a bad line. I doubt if anyone that bets at that place even knows what taking a shot is. Aren’t the lines really bad juice wise?
Back to my point, when they limit sharps or deny their action they end up with squares. Squares dont know a bad line from a potato.
Yet they’re held to the standard that they shouldve known this was a bad line, that they were shot taking
To KVB’s point, hold the book accountable and see how often it happens.
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BigJay
SBR MVP
01-14-12
3485
#125
Two more guys made same bet. For $75 at 750/1 Leading to another news story.
PR nightmare for FD and novice gamblers new to the game thinking they won’t pay now.
Ideally the book would have to remit the funds they won on the losing side to some sort of fund if they want to cancel bets.
Most of the time the losing side won't have any bets if the odds are out of whack though.
I thought about that.
I suppose if you are betting live, you should just hang on to your losing ticket, and just check to see if that bet was voided.
The counter will get winners and losers lining up...
The could use a light up sign like an airport, showing which bets are honored and which one's not...lol.
They could generate out of whack odds for both sides and take their pick. It doesn't matter. The losers aren't coming back as it stands. Only the winning bets will get refunded.
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KVB
SBR Aristocracy
05-29-14
74817
#127
In my opinion, if I were a book, I'd love these idiot shot takers hanging around, they are obviously not winning long term.
Online could be different here too, for sure, but in a building some drunk dumbass who sees +7500000000000 and goes for it is probably a customer you want betting in your book.
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dark star
SBR MVP
01-04-09
3900
#128
Where is that scammer Broke Landers?
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Maniac
SBR Wise Guy
04-12-11
667
#129
Originally posted by blackbox
Question is there a control board that you can simply let decide this issue As in Nevada. No question as to the case. Just curious. gl to all Excuse me saw a good answer in post #6 gl guys
(d) A wagering operator shall not unilaterally rescind any wager pursuant tothis chapter without the prior approval of the Division
Now in this case, FanDuel's own House Rules, which would have been approved by DGE, do have the standard palpable error rule saying they can void in the case of an error.
Now in this case it look like they didn't void, but rather paid out at the "correct price" of -600, which technically doesn't actually break the DGE's own rules.
Since this case his the first major situation the DGE has had to deal with, so it will be very interesting to see exactly how they decide to rule since that will have ramifications for all NJ sportsbooks.
If they side with FD then they risk making themselves look weak and losing consumer confidence in regulated sports betting.
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Maniac
SBR Wise Guy
04-12-11
667
#130
Originally posted by BigJay
Two more guys made same bet. For $75 at 750/1 Leading to another news story.
PR nightmare for FD and novice gamblers new to the game thinking they won’t pay now.
What is also interesting about this article is that it shows the automatic "Tax Withholding" where the books are forced to automatically remove taxes on winning bets if certain conditions are met, which appears to be the case here.
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cincinnatikid513
SBR Aristocracy
11-23-17
45360
#131
some guy in vegas turned 5 dollars into a nice payday
A bettor in Las Vegas picked every game correctly in a $5 parlay card at William Hill to take home the prize of $84,565.
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daneblazer
BARRELED IN @ SBR!
09-14-08
27861
#132
Scamduel
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The Giant
SBR Posting Legend
01-21-12
21480
#133
It's hard to believe this thread got four pages out of a typo.
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jjgold
SBR Aristocracy
07-20-05
388179
#134
A lot of guys here will do anything for a scam because their compulsive gamblers
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Venom72
SBR MVP
10-05-16
2041
#135
So they didnt have to pay him shit and still offered $500 plus giants tickets?? Idiot shoulda took that in a heartbeat, now hes gonna take it to court and more than likely end up with nothing but lawyer fees and i bet if the court did decide in his favor he wouldnt get nowhere near the full $82 grand, his best bet at this point would be just hoping fanduel settles out of court to avoid all this crap
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shocka1212
SBR Posting Legend
10-06-12
16788
#136
still not as bad as this....
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rangerz2478
SBR MVP
08-06-12
1194
#137
He got 750-1 on a bet that should've been -600 and is going to sue them? lol.