Do I have a course of action?

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  • bostonphoenix
    SBR High Roller
    • 04-16-13
    • 137

    #1
    Do I have a course of action?
    I had placed a bet at odds printed at betdsi.

    The odds have changed, dramatically, and they cancelled my bet.

    Do they have the right to do this?

    What are my options?
  • John Dough
    SBR MVP
    • 09-21-05
    • 1785

    #2
    If you bet an obvious bad line (i.e. they clearly made a mistake), it is common practice to cancel the bet.

    If this is the case, you shouldn't bet into obvious bad lines, it's akin to trying to cheat the book and books do not appreciate such behavior.
    Comment
    • bostonphoenix
      SBR High Roller
      • 04-16-13
      • 137

      #3
      I have no idea it was a bad line, hell ive been plaing for a week.

      It was a line I liked for sure, but I didn't know it was bed.

      In the end, they posted the line and I bought it at that price.

      They have the right to cancel it without informing me they are going to do so?

      I'm looking at their "legal" - http://www.betdsi.eu/betting-rules.aspx and it doesn't address the situation.

      If I can't cancel a bet, why can they?
      Last edited by bostonphoenix; 04-16-13, 11:37 AM.
      Comment
      • onemoregoal
        SBR Hall of Famer
        • 02-04-13
        • 8149

        #4
        It depends what the difference between the prices are.
        Comment
        • FreeseOut
          SBR Rookie
          • 05-22-12
          • 21

          #5
          Maybe posting the cancelled bet would help people answer your question.
          Comment
          • djefferis
            SBR MVP
            • 08-16-08
            • 1187

            #6
            Yes..in certain situations.

            Kind of like me saying "I shot a man in my kitchen, and am now being charged with murder...do they have a case"....without details we have no idea or way to give an opinion.

            Ill say this...if you bet it at +3000 and the price should have been -3000, you will likely lose.

            ...and as to the comment you don't know if its a bad line, you've only been playing for a week...might I suggest you shouldn't be playing at all. Seriously, if you can't tell a big face from a huge dog..you got a lot to learn or you are in real trouble.
            Comment
            • bostonphoenix
              SBR High Roller
              • 04-16-13
              • 137

              #7
              it was a 3 way bet in hockey. NYI 225 -> NYI -140.

              I still find no detail of this in their legal and am frustrated.

              I see that they made a mistake. But feel they should honor the line they posted.

              It would be described as false advertisment. Offering something at one price and then changing it at a later date and disregarding those who bought it first.
              Last edited by bostonphoenix; 04-16-13, 01:07 PM.
              Comment
              • swordsandtequila
                SBR Hall of Famer
                • 02-23-12
                • 9758

                #8
                Every book states they have the right to cancel bets based on bad lines, etc. It's there, you just haven't found it. Whether it was bad or not I don't know, don't understand the line you posted. 3-way line is a regulation bet, home-draw-away.


                Edit: Looks like you bet NYI moneyline @ +225 and it changed to -140? If so, obvious bad line. They're within their rights to cancel the bet.
                Last edited by swordsandtequila; 04-16-13, 01:18 PM.
                Comment
                • infamousbacardi
                  SBR MVP
                  • 03-16-08
                  • 4556

                  #9
                  Books cancel bets all the time for a various array of reasons. Could also run into a situation like last night where a team (Spurs) come out and say that at 1 p.m. on day they are going to sit their best 4 players in their game tonight....of course this will move the line 6-10 points....some books will leave it and some books will void a bet you made prior to that announcement.

                  This is just an example, but in short, YES, books cancel bets all the time and you have to take in the tail pipe if they do, mostly.
                  Comment
                  • John Dough
                    SBR MVP
                    • 09-21-05
                    • 1785

                    #10
                    Originally posted by bostonphoenix
                    I have no idea it was a bad line, hell ive been plaing for a week.
                    You bet +225 on a line that should have been -140 and didn't know it was a bad line... riiiight.

                    Don't take shots at books. End of story.
                    Comment
                    • onemoregoal
                      SBR Hall of Famer
                      • 02-04-13
                      • 8149

                      #11
                      Originally posted by John Dough
                      You bet +225 on a line that should have been -140 and didn't know it was a bad line... riiiight.

                      Don't take shots at books. End of story.
                      To be fair, its not the customers responsibility to ensure any given odds are in line with the market - is it?
                      Businesses suffer from human error all the time and they pay the price, I dont see why sportsbooks have so much power to do what they like.
                      Of course something like 100/1 instead of 5/1 or something, yeah cancel it - but they take this too far and just cancel when they like.
                      Comment
                      • touchback
                        SBR MVP
                        • 02-08-12
                        • 1227

                        #12
                        Just thinking what Tony would of said...
                        Comment
                        • Maniac
                          SBR Wise Guy
                          • 04-12-11
                          • 667

                          #13
                          Assuming this was last nights match vs Florida, and considering the Islanders were -200 or more on the regular 2-way market, then +225 on the 3-way is absolutely a bad line I am afraid, and it's very likely that they had their odds the wrong way round for that market as -140 would be in the ballpark of the correct line for the 3-way line for a -200 favourite...
                          Comment
                          • RonPaul2008
                            SBR Hall of Famer
                            • 06-08-07
                            • 6741

                            #14
                            Originally posted by infamousbacardi
                            Books cancel bets all the time for a various array of reasons. Could also run into a situation like last night where a team (Spurs) come out and say that at 1 p.m. on day they are going to sit their best 4 players in their game tonight....of course this will move the line 6-10 points....some books will leave it and some books will void a bet you made prior to that announcement.

                            This is just an example, but in short, YES, books cancel bets all the time and you have to take in the tail pipe if they do, mostly.
                            No reputable books cancel nba game bets because some of the players don't play. Do you know of a specific book that does this?
                            Last edited by RonPaul2008; 04-17-13, 04:45 AM.
                            Comment
                            • orangeman51
                              SBR High Roller
                              • 03-19-10
                              • 151

                              #15
                              I see threads about bad lines all the time on this site, and I never understood why so many people defend the books' right to cancel these bets. I've been doing this for several years and have never personally had an experience with a bad line, but I could understand how someone new to betting might not be able to spot one. I get that all the books have their disclaimers about this stuff and there's nothing we can do about it, but that doesn't make it fair. Just like the exorbitant withdrawal times and fees aren't really fair (especially at DSI/Bookmaker). If we don't get do-overs once we've confirmed our bets, why should they get do-overs when they put out bad lines?

                              The only reason the books get away with it is because the industry is an unregulated free-for-all right now. When all this becomes legal and regulated in the US (and it will one day), this garbage will stop.
                              Comment
                              • bostonphoenix
                                SBR High Roller
                                • 04-16-13
                                • 137

                                #16
                                Originally posted by orangeman51
                                I see threads about bad lines all the time on this site, and I never understood why so many people defend the books' right to cancel these bets. I've been doing this for several years and have never personally had an experience with a bad line, but I could understand how someone new to betting might not be able to spot one. I get that all the books have their disclaimers about this stuff and there's nothing we can do about it, but that doesn't make it fair. Just like the exorbitant withdrawal times and fees aren't really fair (especially at DSI/Bookmaker). If we don't get do-overs once we've confirmed our bets, why should they get do-overs when they put out bad lines?

                                The only reason the books get away with it is because the industry is an unregulated free-for-all right now. When all this becomes legal and regulated in the US (and it will one day), this garbage will stop.
                                This is exactly how I feel.

                                If I cant undo my bids to buy more profitable lines, why can they? We all would like to do this.
                                Comment
                                • rumple
                                  SBR MVP
                                  • 06-19-07
                                  • 2499

                                  #17
                                  Originally posted by bostonphoenix
                                  This is exactly how I feel.

                                  If I cant undo my bids to buy more profitable lines, why can they? We all would like to do this.
                                  What if they had the Heat against Bobcats and they accidentally flipflopped the ml odds and had the Heat +800 and Bobcatts -1600? Would you expect the book to honor that?
                                  Comment
                                  • bostonphoenix
                                    SBR High Roller
                                    • 04-16-13
                                    • 137

                                    #18
                                    The focus has to be on them to give what they think is fair odds.

                                    If you were to buy a stock from someone it would be at the agreed upon price. If the following week the price was 2x the person couldnt just come back and say no deal. If you buy a painting from someone it may have x value but the art market value for that piece may be y (y>x)

                                    I can understand your point though. People penetrate up, its only to be expected.

                                    But it leads me to ask. If they penetrate up and give bad lines and are allowed to cancel, why can't we as well?

                                    You look at a couple of books, lines develop throughout the day. Lines can move 30/40pts in a day. It doesn't happen a lot, but a 120/-120 is a significant difference (1.2/.833) Shouldn't we be allowed to say bad line, this is the one I want to play instead?

                                    I mean according to the side that argues the book should be allowed to cancel the bet, it seems like that line of logic would apply to the consumer as well.

                                    ----

                                    LOL at this penetrate edit switch.
                                    Comment
                                    • swordsandtequila
                                      SBR Hall of Famer
                                      • 02-23-12
                                      • 9758

                                      #19
                                      Nobody is saying the books should be allowed to cancel bets, we're saying they can. Fair or not, it's stated in their terms and conditions and as long as offshore exists, it is what it is. We play by their rules or we don't play.
                                      Comment
                                      • John Dough
                                        SBR MVP
                                        • 09-21-05
                                        • 1785

                                        #20
                                        Can't believe this thread is still going. Books have handled this situation in this manner forever. As posted above, it's in the rules, you chose to play, no one forced you. Accept it and move on already.

                                        Comment
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