Live betting - void

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  • Lucas
    SBR MVP
    • 12-20-05
    • 1062

    #1
    Live betting - void
    Is it possible to cancel live bets due line error? I am talking about A bookies only. I have never heard about it and I see many too good valuebets.
  • bigboydan
    SBR Aristocracy
    • 08-10-05
    • 55420

    #2
    thats a good question lucas. unfortunately i don't know the answer off hand.

    my first thoughts would be yes though. although, i will have to look into this matter a little deeper in order to get you the right answer.
    Comment
    • pjesnik24
      Restricted User
      • 11-01-05
      • 1286

      #3
      happened to me with pointbet but they had a wrong result ;-)
      Comment
      • Lucas
        SBR MVP
        • 12-20-05
        • 1062

        #4
        Thanks for replies. Because of course I do not want to harm bookies and I never bet bad line. But who can say what is the right line when we can see line movement from -125 to 120 in a second wihout obvious reason (probably just money flow).
        Today I saw 3 errors at WC at the most reliable bookies incl Pinny:
        pk and -0.5 in spite of -0.5 and -1
        1/2 in spite of pk (more than 10 mins!!)
        probably mismatched odds -125 and 100
        Comment
        • rolemand
          SBR MVP
          • 03-24-06
          • 1033

          #5
          Late in the 4th set of the Federer vs Nadal match. Pinnacle had
          Federer +700
          Nadal +900

          they pulled it quickly but I'm sure that Nadal would've been voided.
          Comment
          • natrass
            SBR MVP
            • 09-14-05
            • 1242

            #6
            I think a GROSS bad line like rolemand posted it would be reasonable to 'generously' correct it.

            However, if they give themselves bad value then surely they have to live with it.

            Firstly, because the time pressure leads to both players and the bookie having to take the risks of quick decisions.

            Secondly, it will inevitably have the problem of the bookie wanting to after-event.

            If any bookie does this then they sdhould be named and shamed.
            Comment
            • Lucas
              SBR MVP
              • 12-20-05
              • 1062

              #7
              Originally posted by natrass
              I think a GROSS bad line like rolemand posted it would be reasonable to 'generously' correct it.

              However, if they give themselves bad value then surely they have to live with it.

              Firstly, because the time pressure leads to both players and the bookie having to take the risks of quick decisions.

              Secondly, it will inevitably have the problem of the bookie wanting to after-event.

              If any bookie does this then they sdhould be named and shamed.
              Agree. But what is GROSS. The rolemands case of course, my first two cases probably too (half point in soccer has huge value).

              Mismatched -125 and 100?? For standard pre-game bet it is voidable error but in game? Can be bookie angry if I throw there 1 or 5 dollars to see what happens?
              Comment
              • natrass
                SBR MVP
                • 09-14-05
                • 1242

                #8
                -125 and 100? No, the bets should stand. the bookie should forget about any vig if the make a mistake. If they let the player go back and change his bets then maybe but, as they wont, they cannot have live betting and the right to then review their prices when people have risked their money.

                In my opinion anyway.
                Comment
                • Lucas
                  SBR MVP
                  • 12-20-05
                  • 1062

                  #9
                  Thanks. It is sure I will test it at this WC.
                  Comment
                  • natrass
                    SBR MVP
                    • 09-14-05
                    • 1242

                    #10
                    Ah, Lucas, thats just my opinion. I doubt that will carry much weight with the likes of gamebookers or globet!!
                    Comment
                    • Lucas
                      SBR MVP
                      • 12-20-05
                      • 1062

                      #11
                      No I am betting live at A´s only! I thought the same as you, so now I am decided to try them deeper
                      Comment
                      • natrass
                        SBR MVP
                        • 09-14-05
                        • 1242

                        #12
                        Hmmm ... I dont do livebetting (only betfair) so I have no idea how they deal with this. maybe someone else knows better.

                        GL anyway.
                        Comment
                        • Tchocky
                          SBR MVP
                          • 02-14-06
                          • 2371

                          #13
                          Originally posted by rolemand
                          Late in the 4th set of the Federer vs Nadal match. Pinnacle had
                          Federer +700
                          Nadal +900

                          they pulled it quickly but I'm sure that Nadal would've been voided.
                          This was the 1st tennis match where I've seen live betting offered. I'm still not comfortable with live betting to actually try it.
                          Comment
                          • Lucas
                            SBR MVP
                            • 12-20-05
                            • 1062

                            #14
                            Originally posted by Tchocky
                            This was the 1st tennis match where I've seen live betting offered. I'm still not comfortable with live betting to actually try it.
                            I am focusing on it right now and it is really very funny adrenaline sport. I can recommend it to everyone. Nice limits in 4fig sums on WC!
                            Comment
                            • natrass
                              SBR MVP
                              • 09-14-05
                              • 1242

                              #15
                              Cant you just use betfair?
                              Comment
                              • Lucas
                                SBR MVP
                                • 12-20-05
                                • 1062

                                #16
                                I do not know it. Sometimes I look there but I think it sucks with Firefox. Also I do not see value there (it is too sharp) and I do not see liquidity there. But maybe I am wrong. Tell me more about it.
                                Comment
                                • Lucas
                                  SBR MVP
                                  • 12-20-05
                                  • 1062

                                  #17
                                  ...and of course I do not like commisions. I like to see straight the value not count every odd times 0.96 or so. But I like just watch to betfair and look at the tracks of odds - what is going up and down. I think it is much more profitable to bet on bookie with full juice, but with bonus and at weak line.
                                  Comment
                                  • acw
                                    SBR Wise Guy
                                    • 08-29-05
                                    • 576

                                    #18
                                    Originally posted by Lucas
                                    Also I do not see value there (it is too sharp) and I do not see liquidity there.
                                    Often I find value on BetFair, but then there is no liquidity. Not so surprising.
                                    Comment
                                    • natrass
                                      SBR MVP
                                      • 09-14-05
                                      • 1242

                                      #19
                                      Originally posted by acw
                                      Often I find value on BetFair, but then there is no liquidity. Not so surprising.
                                      No liquidity on betfair??? E.g World Cup ... Outright winners ... still a month away until its decided ... liquidity = TWENTY ONE MILLION POUNDS traded already ... and nearly another million waiting for trades. Props per match number around 30 ... totallly bouyant. How much fucking liquidity do you want?

                                      Jeez ... first we have SicklySteve and Slosh getting erections over mansions odds and now (apparently) betfair doesnt have enough liquidity.

                                      What ... are you betting MLB or something?? Of course US sports have no liquidity ... because no US players are allowed.

                                      If not, you are freakin' mad.

                                      Betfair has no liquidity and mansion is 'da bomb' ... whats next?? Iraq is a tourist mecca?

                                      Sorry, acw, its not meant at you all this ... just ShittySteve and Slish, etc ... theyll be masturbating over your post now.
                                      Comment
                                      • natrass
                                        SBR MVP
                                        • 09-14-05
                                        • 1242

                                        #20
                                        Hey, look over 1200 posts ... do I get a shirt?
                                        Comment
                                        • acw
                                          SBR Wise Guy
                                          • 08-29-05
                                          • 576

                                          #21
                                          natrass,

                                          Whenever I find huge value on BetFair, then it turns out that I cannot get enough on, as the liquidity on that bet turns out to be low.

                                          Yes, there is plenty liquidity on BetFair, but what good is it to bet 30,000 Pounds on something being offered at 1.98 while elsewhere one can bet it at 2.05?
                                          Comment
                                          • noyb
                                            SBR Wise Guy
                                            • 09-13-05
                                            • 971

                                            #22
                                            acw, i think you have been looking at the wrong markets in small obscure sports or you have been looking at markets days before kickoff, else your statement really doesn't hold up.

                                            in for example 1x2 on soccer, 95% of the times betfair cannot be beat by anybody, both on odds and on liquidity (and definitely not by mansion), perhaps maybe on one side by bookmakers who charge full juice but forget to adjust their price and will cut your limits ater your first bet which were a couple of hundred anyway.

                                            i give you an example.. this afternoons wc-match spain vs ukraine. i don't know what kind of high rollers you all are but the 100K available at 1.91 should do it for you. ofcourse you should deduct commission, but pinnacle is at 1.86, and mansion at 1.885 with a poor usd 4663 available.

                                            it's just an example ofcourse, but i'll bet you betfair will almost always come on top in this kind of comparisons.
                                            Comment
                                            • natrass
                                              SBR MVP
                                              • 09-14-05
                                              • 1242

                                              #23
                                              Thanks noyb ... i was beginning to think I was seeing prices noone else was.

                                              acw .. you of course correct in that great prices mean nothing without liquidity ... I learnt very early on not to be shy to make offers. Sometimes I have put up a 'cheeky' offer and will never understand how people will take it ..
                                              Comment
                                              • Lucas
                                                SBR MVP
                                                • 12-20-05
                                                • 1062

                                                #24
                                                Ok, I am persuaded. I will look more at Betfair, but I am afraid after the WC, now I have no NRG to learn something new.
                                                I hope I will no more see only your 'cheeky' offers, Natrass
                                                Comment
                                                • Lucas
                                                  SBR MVP
                                                  • 12-20-05
                                                  • 1062

                                                  #25
                                                  Update:
                                                  today happened this (http://sazkar.net/viewtopic.php?t=73):
                                                  bettor placed live bet at mismatched odds:
                                                  Germany Live - spread +1 (+125) - instead of -140 or so @ greek.
                                                  Bet was not cancelled!
                                                  Comment
                                                  • custer
                                                    SBR Rookie
                                                    • 06-24-06
                                                    • 39

                                                    #26
                                                    Pinny will and has cancelled Live wagers due to gross linemaker error.
                                                    Comment
                                                    • rolemand
                                                      SBR MVP
                                                      • 03-24-06
                                                      • 1033

                                                      #27
                                                      Originally posted by Lucas
                                                      Update:
                                                      today happened this (http://sazkar.net/viewtopic.php?t=73):
                                                      bettor placed live bet at mismatched odds:
                                                      Germany Live - spread +1 (+125) - instead of -140 or so @ greek.
                                                      Bet was not cancelled!

                                                      Good thing you put that link in there or I would've really been lost
                                                      Comment
                                                      • Lucas
                                                        SBR MVP
                                                        • 12-20-05
                                                        • 1062

                                                        #28
                                                        Originally posted by rolemand
                                                        Good thing you put that link in there or I would've really been lost
                                                        I did it 4 your good. English is dead language!
                                                        Comment
                                                        • Lucas
                                                          SBR MVP
                                                          • 12-20-05
                                                          • 1062

                                                          #29
                                                          Originally posted by custer
                                                          Pinny will and has cancelled Live wagers due to gross linemaker error.
                                                          Yes: it seems that Pinny is not as crazy as Greek or Cascade.
                                                          http://forum.sportsbookreview.com/sh...t=cascade+void (this link is Enghlish )
                                                          Comment
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