I had an issue with Stan James last week on a soccer bet. I placed a bet on Charlton the UK championship game between Bristol City and Charlton, at odds of 7.0 for £100.00 The next highest odds were 6.0 at the time. The next day I had an email saying that there was an pricing error, and the the bet odds had been adjusted to 4.0. I then emailed back stating that I do not want the bet to stand at these odds as I can get 6.0 elsewhere. They wrote back saying the bet cannot be cancelled as per their rules. These are the rules from their site : "If any bet is accepted in error (e.g where a price is incorrectly quoted, or the margins for handicap betting are incorrectly quoted) bets will stand at the correct price, terms or market conditions. These rules apply to both pre-event and in-running markets." No big deal, but I was wondering if they are allowed to do that without offering me the chance to either take the new odds or have my bet cancelled. Cheers in advance for any comments.
Quick Q re Stan James Palpable Error rules
Collapse
X
-
dealer winsSBR Wise Guy
- 02-03-09
- 816
#1Quick Q re Stan James Palpable Error rulesTags: None -
ChampiSBR Sharp
- 12-20-06
- 373
#2Yeah it's really looks like a mistake/p.error i see next price 4.50
I also have same case with SJames but it was on DOuble chance from 1.57 to 1.27Comment -
dealer winsSBR Wise Guy
- 02-03-09
- 816
#3I thought there was a reasonable chace it would be a palpable error, but as I backed it when the sites were pricing up I could be sure. There was 2 other sites offering 6.0 and only 5 sites on betrescue showing odds at the time. I dont mind it being palped, and I dont really mind if they refuse to cancel it at the new odds. I just thought when a bet is struck there are strict rlues around palpable errors. Either they cancel it, or by mutual consent they will let it ride on agreed new terms (odds). I didnt think they were allowed to just adjust the odds down without giving the player a chance to have the bet cancelled.Comment -
eachwaypleaseSBR Hustler
- 01-06-09
- 86
#4That is a disgraceful rule, with no basis in contract law.Comment -
Jamie_UKSBR MVP
- 01-12-07
- 1103
#5I had an issue with Stan James last week on a soccer bet. I placed a bet on Charlton the UK championship game between Bristol City and Charlton, at odds of 7.0 for £100.00 The next highest odds were 6.0 at the time. The next day I had an email saying that there was an pricing error, and the the bet odds had been adjusted to 4.0. I then emailed back stating that I do not want the bet to stand at these odds as I can get 6.0 elsewhere. They wrote back saying the bet cannot be cancelled as per their rules. These are the rules from their site : "If any bet is accepted in error (e.g where a price is incorrectly quoted, or the margins for handicap betting are incorrectly quoted) bets will stand at the correct price, terms or market conditions. These rules apply to both pre-event and in-running markets." No big deal, but I was wondering if they are allowed to do that without offering me the chance to either take the new odds or have my bet cancelled. Cheers in advance for any comments.
1) Those terms were not the ones I signed up to as they have been changed since I joined
2) Under no terms did I except the bet at the new price, and that I was informing them of this (obviously) before the event, and that they could a) cancel the bet or b) honour the price and anything else would result in a complaint to the licensing authority.
They cancelled the bet , but they then limited my account, so I didnt really gain much.Comment -
BrummieSBR Rookie
- 02-03-09
- 5
#6As a matter of interest, Ladbrokes have the rule that if they display the prices the wrong way round, you are on the selection on which the odds you have taken are correct. They give you the option to cancel though.Comment
SBR Contests
Collapse
Top-Rated US Sportsbooks
Collapse
#1 BetMGM
4.8/5 BetMGM Bonus Code
#2 FanDuel
4.8/5 FanDuel Promo Code
#3 Caesars
4.8/5 Caesars Promo Code
#4 DraftKings
4.7/5 DraftKings Promo Code
#5 Fanatics
#6 bet365
4.7/5 bet365 Bonus Code
#7 Hard Rock
4.1/5 Hard Rock Bet Promo Code
#8 BetRivers
4.1/5 BetRivers Bonus Code