Book voids Colts Under season win total

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Shifty
    SBR Wise Guy
    • 08-10-08
    • 558

    #36
    Always thought he was sharp.
    Comment
    • lonnie55
      SBR MVP
      • 04-08-16
      • 2689

      #37
      Originally posted by Optional
      It is fair industry practice to void bets made with the benefit of major news before the book has adjusted
      Do you talk specifically about US sports (pitcher/baseball, quarterback/football)?
      Comment
      • ArunSh
        SBR Hall of Famer
        • 09-24-07
        • 6801

        #38
        Originally posted by Shifty
        Never would have happened if Tony was there. He would have taken it down immediately.
        Originally posted by DontTailMe
        You’re joking, right? This happened all the time when he was there.
        Originally posted by Shifty
        Always thought he was sharp.
        Tony was sharp, and I think 5 Dimes in general was (and still is) sharp. That said, I think it's a bit naive to think/claim that any book, whenever something like this happens, is always going to be able to adjust/take down the line in question before ANYONE is able to jump on it.

        I always felt this was just one of those risks you had to accept as a bookmaker, why you need to have good linesman and so forth. But if, as Optional suggests, it is permissible for books to void bets after the fact when this happens, well that rather changes the ballgame.
        Comment
        • LT Profits
          SBR Aristocracy
          • 10-27-06
          • 90963

          #39
          Originally posted by ArunSh
          I actually bet the Under 9.5 myself, but back on August 16, long before the news broke! Hope they don't try to void my bet too, that would be rather absurd. I easily could have bet the over back then also which I'm sure I'd be stuck with even though it'd probably be a terrible bet at this point.
          You are fine and unaffected by 5 Dimes ruling, they only voided bets made in the first few minutes after the news broke.
          Comment
          • bubba
            SBR MVP
            • 09-29-05
            • 2432

            #40
            Originally posted by ArunSh
            Tony was sharp, and I think 5 Dimes in general was (and still is) sharp. That said, I think it's a bit naive to think/claim that any book, whenever something like this happens, is always going to be able to adjust/take down the line in question before ANYONE is able to jump on it.

            I always felt this was just one of those risks you had to accept as a bookmaker, why you need to have good linesman and so forth. But if, as Optional suggests, it is permissible for books to void bets after the fact when this happens, well that rather changes the ballgame.
            Bingo. Its a risk you accept as bookmaker . At least at any legal, established shop in the United States. There are laws protecting customers.

            Book has many things they can rightfully do to counteract customer who bet this line late. Limit customer, put customer on a delay, or even boot customer. Blatantly cancelling the wager should not be an option.
            Comment
            • DontTailMe
              SBR MVP
              • 03-24-19
              • 2897

              #41
              Originally posted by Shifty
              Always thought he was sharp.
              Being sharp doesn’t mean that he’s going to be able to receive news, process it, and adjust all relevant lines before anyone else in the world is able to get their bets in. Indeed, most often, books are alerted to news by one of their lines being hammered.
              Comment
              • Rooksta
                SBR Rookie
                • 12-19-18
                • 2

                #42
                I took the under on TY Hilton and Devon Funchess on Rec Yards literally less than a minute after the news broke on Bodog.
                They took down the line minutes after but haven't cancelled my bets yet.
                Comment
                • bubba
                  SBR MVP
                  • 09-29-05
                  • 2432

                  #43
                  Originally posted by Rooksta
                  I took the under on TY Hilton and Devon Funchess on Rec Yards literally less than a minute after the news broke on Bodog.
                  They took down the line minutes after but haven't cancelled my bets yet.
                  nor should they. Lebron gets scratched 1 night, those last minute bets dont get cancelled. Its just the way it is. Book collect a lot of juice every day, they do bear some risk. They are just fine.
                  Comment
                  • TheGuesser
                    SBR MVP
                    • 08-10-05
                    • 2714

                    #44
                    Originally posted by Shifty
                    Never would have happened if Tony was there. He would have taken it down immediately.
                    Tony lived for situations like this. It got hs juices flowing. Bait the shot takers, then get on chat and cancel the bets and threaten/ban them.
                    Comment
                    • semibluff
                      SBR MVP
                      • 04-12-16
                      • 1515

                      #45
                      Shot-takers feeling 'entitled' again.
                      Comment
                      • scottgodson1985
                        SBR Sharp
                        • 11-17-12
                        • 347

                        #46
                        they did its all over twitter
                        Comment
                        • JoeCool20
                          SBR MVP
                          • 05-31-18
                          • 4440

                          #47
                          Originally posted by Optional
                          He even says he knew what was going to happen before it did.




                          Originally posted by ArunSh
                          Seems rather silly to make a bet if you strongly think the book in question is going to void it - just going to get you flagged as a shot taker.
                          So yes, just seems foolish if you have a sense, based on what's going on, to make a bet which you yourself think the book is likely to void for the reasons mentioned.
                          Originally posted by SeahawkSanders
                          Yeah, if I had it to do over again I wouldn't have made the bet. I saw the news and instantly jumped on it. Once I placed it I figured it would backfire, but not to the extent it did given my history with them (I've never exploited a line before or chase steam even).

                          Lesson learned.

                          It's worth $500 to me to stay with 5dimes, I love them (and Heritage and BM and betonline).



                          LOL You are leaving out a huge part of the overall point with that statement!

                          Please say that you "Shouldn't have done it" at an ONLINE sports-book because they can cheat you out of

                          a bet that they offered and accepted! You wouldn't have to try to "figure out" which bets to NOT make at a land-based

                          casino! Because if a land based casino accepted a bet, then they would pay it if it won! Please make that clear!

                          There is no such thing as a "shot taker" at a land based casino because they don't come back and cheat people who made bets that were available to be bet! Only online sports books cheat people and steal their money on a bet that was available to be bet!

                          Then they blame it on the player and tell him he "should have known" not to bet something that was available

                          to be bet on! LOL They even had the nerve to tell the guy:

                          "In the future, please don't make bets that you think will easily win or we will void your account!" LOL

                          So after the news came out, he could ONLY bet the colts OVER 10 wins, (which they would accept and NOT void!)

                          Or he bets the Colts under 10 wins and gets his bet voided AND gets called a "shot taker!" LOL

                          Only in ONLINE sportsbooks can this absurdity happen! Imagine if a Vegas or land based casino had a sign up

                          in their sportsbook that said: "If you see a line like New England Patriots +21 points against the worst team in

                          the league, then please don't bet it! Or we will cheat you and steal your money and ban you from our Casino!"

                          LOL
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61521

                            #48
                            Got to be realistic Joe.

                            Seahawksanders has played there a long time and he knows their policy on taking shots.

                            He must have never bet a bad line or taken a shot before in his 20 years there for them to have forgiven him.



                            And before you write another 500 words to say for the umpteenth time that YOU don't consider it taking a shot. Don't bother. I have read it once or twice and won't be again.

                            But why don't you keep trying to convince Seahawksanders he is wrong to think it was taking a shot?

                            Only you could consider demanding you know what he thinks better than he does
                            .
                            Comment
                            • JoeCool20
                              SBR MVP
                              • 05-31-18
                              • 4440

                              #49
                              Originally posted by Optional
                              Got to be realistic Joe.

                              Seahawksanders has played there a long time and he knows their policy on taking shots.

                              He must have never bet a bad line or taken a shot before in his 20 years there for them to have forgiven him.



                              And before you write another 500 words to say for the umpteenth time that YOU don't consider it taking a shot. Don't bother. I have read it once or twice and won't be again.

                              But why don't you keep trying to convince Seahawksanders he is wrong to think it was taking a shot?

                              Only you could consider demanding you know what he thinks better than he does

                              LOL You've Never been "wronger"!!!


                              I never told the guy he was "wrong" nor did I tell him what he "should think"!!! Read what I said!

                              I said he needs to add the word ONLINE SPORTSBOOK into his post because there is no such thing as "shot taking"

                              at a land based casino! We ALL know ONLINE casino's can void your bet and steal your money anytime they want to!

                              But Land based Casinos don't void bets! they PAY OFF ALL BETS that they accept! They don't accept a bet and then

                              tell the player later that he was wrong or "taking a shot"! They simply PAY the bet that they accepted! End of story!

                              Here it is again. Nowhere do I tell him what he "should think" in this post! I only told him to clarify that he

                              is talking about ONLINE Sports-books! Not land based Sports-books!


                              Land based Sportbooks don't void bets and call the player a shot taker! They simply pay ALL bets that they accepted!


                              "Please say that you "Shouldn't have done it" at an ONLINE sports-book because they can cheat you out of
                              a bet that they offered and accepted!You wouldn't have to try to "figure out" which bets to NOT make at a land-based casino! Because if a land based casino accepted a bet, then they would pay it if it won! Please make that clear!

                              There is no such thing as a "shot taker" at a land based casino because they don't come back and cheat people who made bets that were available to be bet! Only online sports books cheat people and steal their money on a bet that was available to be bet!
                              "
                              Comment
                              • Optional
                                Administrator
                                • 06-10-10
                                • 61521

                                #50
                                LOL. Good ole Joe
                                .
                                Comment
                                • JoeCool20
                                  SBR MVP
                                  • 05-31-18
                                  • 4440

                                  #51
                                  Originally posted by Optional
                                  LOL. Good ole Joe

                                  LOL Yes let me just get off the thread! But first I will concede that yes he shouldn't have even tried to do it at

                                  an Online Sports-book. He should have only done it at a land casino.

                                  Most all of us know the Online S-books have rules about "bad lines" getting voided.

                                  I just don't like it in that it gives them ALL the power to say ANY line was "bad"

                                  and then also "blame" the player for betting it and call him a "shot taker" AND not pay the bet!

                                  All the while keeping all the money that idiots bet on the OTHER side of the line!


                                  There are no rules to protect the player once they send money to strangers overseas! And obviously I don't like it! LOL
                                  Comment
                                  • TheGuesser
                                    SBR MVP
                                    • 08-10-05
                                    • 2714

                                    #52
                                    Originally posted by JoeCool20
                                    LOL Yes let me just get off the thread! But first I will concede that yes he shouldn't have even tried to do it at

                                    an Online Sports-book. He should have only done it at a land casino.

                                    Most all of us know the Online S-books have rules about "bad lines" getting voided.

                                    I just don't like it in that it gives them ALL the power to say ANY line was "bad"

                                    and then also "blame" the player for betting it and call him a "shot taker" AND not pay the bet!

                                    All the while keeping all the money that idiots bet on the OTHER side of the line!


                                    There are no rules to protect the player once they send money to strangers overseas! And obviously I don't like it! LOL
                                    Totally agree with Joe. It's just like the BS "Bad line" rule. It gives lazy Bookmakers an out, and a license to steal, and stealing is what they are doing. You don't want stuff like this to happen. Don't be lazy. Follow the news and adjust your lines accordingly.
                                    Comment
                                    • JoeCool20
                                      SBR MVP
                                      • 05-31-18
                                      • 4440

                                      #53
                                      Originally posted by TheGuesser
                                      Totally agree with Joe. It's just like the BS "Bad line" rule. It gives lazy Bookmakers an out, and a license to steal, and stealing is what they are doing. You don't want stuff like this to happen. Don't be lazy. Follow the news and adjust your lines accordingly.
                                      Right! They only call people "shot takers" and void the bets on the side that is the "bad side" for THEM!!

                                      They keep all the idiot-bettors money who bet the wrong side of the "bad line" and wait for it to lose!!!

                                      If you didn't see the news and you bet colts over 10 after the news came out, but before they changed the line,

                                      and then asked for a void, then they'd refer you to the rules about how all bets are final once they are placed!! LOL

                                      But if you bet Colts under 10 after the news, but before the line change,

                                      then they refer you to the "bad lines" rule & void the bet & call you a "shot taker"! They just won both ways there!

                                      I'll say this! If ONE person gets on here and says they didn't hear about the news and they bet Colts OVER 10 wins,

                                      after the news came out and before the S-book changed the line, and they got a Sports-book to void THAT bet, then

                                      at least I'd feel a little better!

                                      But they only void the side that has already won, or is going to win!! Why? Because no rules are in place for the player!

                                      And nobody can stop them from doing whatever they want!
                                      Comment
                                      • SeahawkSanders
                                        SBR High Roller
                                        • 09-30-08
                                        • 150

                                        #54
                                        Thanks for all the feedback, guys.

                                        Mitch & Pauly had Nick Bogdanovich of William Hill on today and they asked him if anyone did the same thing with the Colts under when the news broke. Nick said, "if they did then good on them for beating us to it."

                                        I was hoping this was the best-case scenario for me at 5dimes and honestly didn't know it was that forbidden. I've never done this before and obviously won't again (offshore, at least).

                                        Anyway, thank you all. Lessons learned.
                                        Comment
                                        SBR Contests
                                        Collapse
                                        Top-Rated US Sportsbooks
                                        Collapse
                                        Working...