If you grab a "bad line" on a sportsbook and when you select it and click "confirm" it gets "referred to trader" and then the trader still confirms it, can they still void the bet after it happens? They still haven't voided the bet but think they might be waiting till after the result. Then if the pick wins they will just void it and give stake back or if the play made loses they will pretend that they wouldnt of voided it and just take the money - that way it is win-win for them. Surely there is a rule that they can't do this? Surely a book has to void the line before the event takes place as otherwise they could always leave "bad lines" out there, then let people grab them, then just wait till after the event and decide whether to void or not depending on whether the result suits them or not?
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What are you talking about when you say a bad line. Was it something that was a point off (or say 15 cents), or something much more obvious?
The way most books frame their rules does give them a green light to take a shot at player who try to take a shot at them.
To me the moral of the story is don't take the shot!Comment -
depends on the bookmaker. I think good bookmakers won't wait until the event has ended to make a decision on your bet. Actually good bookmakers should make the final decision on the bet before the event starts.Comment -
Basicly it could be argued that it was a reversed line - i.e team at -150 when it should of been +125. It went to a trader as it does on this particular book if you put in a higher amount and I thought "oh they'll notice this and reject" but they didnt, they accepted so I confirmed. I sort of think if they put the line out there then dont even notice when the trader looks at it then it's their fault and they have to stand by it.
It's one of the top Eurobooks. I've done it on other books before and they've either voided it before outcome or another book accepted it and payed out but then limited me to next to nothing.Comment -
Well that is one way of looking at it. You know as well as I do however that if books started to honour such mistakes and paying out on bad lines, an army of punters would appear looking to exploit it.
Most books would, indeed, void the bet before the event/match starts and a shop which voids only winning bets after the event is being unscrupulous. I would tend to think of it as a deterrent against people taking shots at them, however.Comment -
I think if you bet and obvious error like Team A +119 when it suppose to be Team A +11 those will get canceled no matter what. Other ones that are not as obvious your playing with fire. I have had them canceled after the fact several times. Even had ones that I lost canceled and the money added back into my account.Comment -
If it's at one of the big euro books, it was a good thing to do. Betting bad lines at those books is +EV in the long run.Comment -
Spoke to an assistant on livechat and straight out said that I bet on a line that was reversed a few minutes later and she said that it will be settled based on the odds I bet on. So if they do go and void it after the outcome I have a lot of collateral to use now!Comment -
Something similar happened to me at william hill one time. They swapped odds for 2 matches probably by mistake. After I placed the bet they corrected the lines but my bet was still on and got graded at the old odds which were quite off market. That was nice from them, but generally I wouldn't want to place bets on bad lines because they will suspect that I do arbitrage. Don't want to get banned or limited. Actually I think every bookmaker including pinnacle will ban you if you keep trying to exploit bad lines.Last edited by allin1; 11-12-11, 08:28 AM.Comment -
Really should have been noticed when it went for referral and rejected there and then - the fact that it wasnt noticed doesnt necessarily mean that it wont end up voided, but you would have a very good argument in your favour if it was and you ended up taking it to the regulator/IBAS...though again, it still wouldnt necessarily be overturned.
Over the long term though, regularly betting into bad lines will end up with your account(s) being limited and/or closed, and though you may end up with a few winning bets on bad lines that were either un-noticed or allowed to stand anyway, you will also leave yourself open for the unscrupulous books/linemakers to screw you over.Comment -
good luckComment
