Should BetMGM be downgraded from A-?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • DiggityDaggityDo
    SBR Aristocracy
    • 11-30-08
    • 81450

    #1
    Should BetMGM be downgraded from A-?
    <blockquote class="twitter-tweet"><p lang="en" dir="ltr">If this is real, he could a lawyer to subpoena betmgm and see if they refunded everyone that had the similar bet that loss and see if they refunded everyone on over and under side. If not he should win the court case? <br>Trust me I’ve seen some law and order episodes. <a href="https://t.co/UkskntX2Uk">pic.twitter.com/UkskntX2Uk</a></p>&mdash; Stan of Mike McDaddy/Wilkins/Tua (Honky Hater) (@Tranracialangel) <a href="https://twitter.com/Tranracialangel/status/1688381216062570501?ref_src=twsrc%5Etfw" >August 7, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  • Optional
    Administrator
    • 06-10-10
    • 61374

    #2
    Game was Netherlands v Vietnam

    Bad line was Netherlands to win most corners, which would have been in the -500 range at a guess.

    It was parlayed with Netherlands Score First, which would have been about -350 I'd guess.

    Parlays were paying around +6600



    .
    Comment
    • allabout the $$$
      SBR Hall of Famer
      • 04-17-10
      • 9843

      #3
      Id get a lawyer. Just like a few years ago with live wagering i forget the book (DK or FD) put up a bad line then the NJ governing body stepped in and said they had to pay the wagers
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61374

        #4
        Originally posted by allabout the $$$
        Id get a lawyer. Just like a few years ago with live wagering i forget the book (DK or FD) put up a bad line then the NJ governing body stepped in and said they had to pay the wagers
        I think in that case it was book convinced to make the smart PR call, rather than the state regulator saying they, or the rule, was wrong.

        I'm surprised we haven't seen more cases of voids like this. Goes to show errors don't Have to happen as often as we were used to in years past if nothing else.
        .
        Comment
        • allabout the $$$
          SBR Hall of Famer
          • 04-17-10
          • 9843

          #5
          They discussed it with the state then paid the wagers off. You are correct

          Saying sports betting should be fun, FanDuel has changed course and decided to pay $82,000 to a man who capitalized on a mistake by the company. FanDuel also will add $1,000 apiece to the accounts of 82 randomly chosen customers.
          Comment
          • cashin81
            SBR Posting Legend
            • 09-10-14
            • 12946

            #6
            Why doesnt it show the single odds? Just randomly adds it up to +6600
            Comment
            • cashin81
              SBR Posting Legend
              • 09-10-14
              • 12946

              #7
              also wonder if he took out 1k a month would that work (better?)
              Comment
              • mjsuax13
                Moderator
                • 03-14-15
                • 25083

                #8
                They should have to pay it. Human/tech errors that are costly happen all the time in business. Maybe he was taking advantage and knowingly betting into a bad book line/great bettor line. I still blame the book. They are not only in the gambling business but also the app/tech/customer service business and I’m surprised someone wasn’t on the back end approving these wagers or at least reviewing them prior to post. Well maybe I’m not shocked, casinos and books are naturally do minimal takers. In Vegas when I make a larger play in a Las Vegas betting app it goes through a process of authorization and many times the bet is reviewed/rejected unless it’s under a certain amount.
                Comment
                • bonzaii
                  SBR Hall of Famer
                  • 07-07-17
                  • 5000

                  #9
                  So if I lose a bet, I can just say I made a mistake by betting into a line that I thought should have been different?
                  Comment
                  • cashin81
                    SBR Posting Legend
                    • 09-10-14
                    • 12946

                    #10
                    It wouldnt be paid in UK, even if went to court. No ones giving away 200k for that.

                    Theres better examples where the bettor should have been paid.
                    Comment
                    • cashin81
                      SBR Posting Legend
                      • 09-10-14
                      • 12946

                      #11
                      Originally posted by bonzaii
                      So if I lose a bet, I can just say I made a mistake by betting into a line that I thought should have been different?

                      If it was obvious, yeah. Like if you bet Morocco to win the world cup @ +200.... then in theory yes
                      Comment
                      • bonzaii
                        SBR Hall of Famer
                        • 07-07-17
                        • 5000

                        #12
                        Originally posted by cashin81
                        It wouldnt be paid in UK, even if went to court. No ones giving away 200k for that.

                        Theres better examples where the bettor should have been paid.
                        Of course not because the Sportsbook are obviously protected by the courts and the government. Must be big lobbyist money coming from the Gambling business.
                        Comment
                        • cashin81
                          SBR Posting Legend
                          • 09-10-14
                          • 12946

                          #13
                          Originally posted by bonzaii
                          Of course not because the Sportsbook are obviously protected by the courts and the government. Must be big lobbyist money coming from the Gambling business.
                          Both parties protected, but because the books pay tax to government, then yeh probably they are protected more.
                          Comment
                          • Thefix13
                            SBR Wise Guy
                            • 05-14-21
                            • 664

                            #14
                            Originally posted by cashin81
                            Both parties protected, but because the books pay tax to government, then yeh probably they are protected more.
                            People don't pay tax? I know, i know
                            Comment
                            • cashin81
                              SBR Posting Legend
                              • 09-10-14
                              • 12946

                              #15
                              Originally posted by Thefix13
                              People don't pay tax? I know, i know
                              I mean in Uk, unlike before, players dont pay tax. The books pay 20per cent profits..
                              So they can get away with a lot. but this isnt one example.
                              Comment
                              • bleedblue
                                SBR Sharp
                                • 07-22-08
                                • 323

                                #16
                                Originally posted by Optional
                                Game was Netherlands v Vietnam

                                Bad line was Netherlands to win most corners, which would have been in the -500 range at a guess.

                                It was parlayed with Netherlands Score First, which would have been about -350 I'd guess.

                                Parlays were paying around +6600



                                I am far from a soccer expert, but I’m gonna go out on a limb and say they had the odds inverted on the most corners line.

                                Ie. Their system had something like Netherlands +5000/ Vietnam -10000 instead of vice versa.

                                This bet was an OBVIOUS bad line
                                Comment
                                SBR Contests
                                Collapse
                                Top-Rated US Sportsbooks
                                Collapse
                                Working...