Betjam Wager WRONG?

[FreeFall]

I placed this wager today


Wager Type: Money Line
Wager Status: Win
Risk / To Win Amount: $10.00 / $11.50 (USD) Accepted 4/8/2008 11:50 PM - EST
Amount Paid: 18.70

Sport / Period: MLB Baseball / Game
Line:
Kansas City Royals 4/9/2008 8:10 PM - (EST)
+115
Pitchers: I Kennedy -R - Action Z Greinke -R - Action

it was accepted and won. Why am I only paid out 18.70 and not 21.50?

This is why you keep a running spreadsheet and compare numbers every night. I was thinking of going bigger in this book, but if they can't be trusted. I'll try calling them tom and see whats up. Is this normal?

[diogee]

Probably changed odds for the new NYY pitcher I would guess?

[SBR Lou]

Surprised they even honored it, Kennedy did not start.

[diogee]

He played them as Action Crazyl...I was thinking the odds changed due to the pitcher change.

[BurtRapp]

No disrespect bro but you need to add a least a zero to those figures to even think about running a spreadsheet.

[durito]

You made an action bet.

The starter was changed -- thus you got the new odds. Sorry it cost you $2.80, but those are the rules.

[FreeFall]

it's fair for me to call them I assume?

No disrespect bro but you need to add a least a zero to those figures to even think about running a spreadsheet.

consistent winning with a penny or a dime is all the same IMO. But I'm glad you can afford to lose more than a college student.

[FreeFall]

You made an action bet.

The starter was changed -- thus you got the new odds. Sorry it cost you $2.80, but those are the rules.

Ah thanks for explaining that. Haha my massive lose.

[BurtRapp]

It's everyone's right to bet what they want. I just think that might be a lot of extra work man.

[FreeFall]

It's everyone's right to bet what they want. I just think that might be a lot of extra work man.

I'm a csc major that loves numbers and stats. So it's actually right up my alley and I enjoy it. One day I'll be betting bigger things, but until then I'll just be patient. Gambling bought my books this year so I was stoked on that.

[LT Profits]

Any time you bet Action and there is a pitching change, the odds are automatically adjusted to the new opening line with the new starter, This is standard procedure.

[pico]

Any time you bet Action and there is a pitching change, the odds are automatically adjusted to the new opening line with the new starter, This is standard procedure.

this is an unfair rule. they book those odds, they should honor it. wtf

the reason i take action is that in case of a pitching change, i want to lock in the odds. what is the point of taking action at all????

[pico]

damn, LT. i didn't know about this common practice. i certainly will always bet with both listed players from now on.

Please wait for a site operator to respond.
You are now chatting with 'Don'
Don: Hello. How may I assist you today?
picoman: i have a question about MLB betting rule.
Don: sure, go ahead
picoman: when you placed a bet on action on starting pitcher say the odds is -130. and there is a pitching change, the new opening odds for the new pitcher is -160. is your booked odds switched to -160 or it is stayed at the orginal placed wager?
Don: Just a moment please
Don: whenever a pitching change occurs the line is adjusted accordingly sir
picoman: so even you booked the bet at -130, it'll be switched automatically?
picoman: does it work the other way? if you book the bet at +120 and after the pitching change the odds is +150, the bet is then changed to +150 automatically?
Don: if you have a baeball wager with "action" selected
Don: and a pitching change occurs,
Don: then you would get the new adjusted odds for your wager
Don: with the same risk you had on the previous line
picoman: i see. it is correct to say that if you want true fixed odds wager, then you should always select the listed pitcher on both teams? otherwise, your odds will change to some unknown odds.
Don: if you take both listed pitchers then you will always get the odds that you selected,
Don: or the wager is cancelled on a pitching change,
Don: not adjusted as with the "action" option
picoman: thanks

[mundane]

my badd. i opened another thread for the same scenario. i had kansas too! permalink

i think this about answered my issue then.

im already clueless abt baseball betting and this thing happens. i didnt know the odds are changed with a change on the pitcher.

[LT Profits]

Point of betting Action is there are times when your bet has nothing to do with who is starting, so you don't want your bet cancelled by a pitching change.

[mundane]

true! esp if u want to have a play on dat particular game but the odds being changed after u already placed ur bets is the part that i dont like. i guess that's why it's called gambling. it could work either way. u may get +200 instead of ur original +105. and win a little bigger almost unknowingly too!

[pico]

LT, the reason i bet at sportsbook is because it is FIXED ODDS betting. If i like odds changing on me after i place the wager, i would head to the race track

[mundane]

picoman when u say sportsbook, do u mean actual sportsbook with terminals, boards and writers (real people) or u meant an online site with the name of 'sportsbook'?

coz i bet on an actual sportsbook (inside a casino). and after tonight i learned that odds changes with pitcher's changes. so i dunno what u mean by fixed odds on ur reply coz i sure didnt have a fixed odd but LT said datz normal and i believe him. :P

[DukeJohn]

Great Thread!! With so many correct responses and questions this thread should come up easily on a search for this topic:

Great Job everyone

[FreeFall]

Thanks LT for clearing that up. But like pico I still don't really like it. Either way your the tool to the books so what can you do.

[durito]

It's a pretty simple rule.

If you are betting baseball you should probably learn it.

[MrX]

picoman when u say sportsbook, do u mean actual sportsbook with terminals, boards and writers (real people) or u meant an online site with the name of 'sportsbook'?

coz i bet on an actual sportsbook (inside a casino). and after tonight i learned that odds changes with pitcher's changes. so i dunno what u mean by fixed odds on ur reply coz i sure didnt have a fixed odd but LT said datz normal and i believe him. :P

I'm assuming picoman means sportsbook.com. I didn't know that they kept fixed odds on pitching changes, but I guess they do. I think bodog used to as well, but I may be mistaken.

Keep in mind that late pitching changes are relatively rare, and the line changes that accompany them are not usually extreme.

Personally, I always bet listed pitchers anyway. I would rarely want action on or against a random pitcher that I hadn't accounted for.

[HedgeHog]

I'm with MrX--always bet listed pitchers. I shop to get the best price, so the last thing I want is a pitching change, whereby the Book gets to chose the new line for me. Screw that!