Seeking opinions on XFL prop wager at betonline.ag

[washhead]

This will be my last post on this, because BOL is giving me the runaround and it's pretty clear they've decided to keep my money. Their latest response was basically more of the same:

"at the time the bet remain on the currently status, however, we need to wait until new developments due to the pandemic situation, and if the bet comes to be winner, we'll be able to re grade by that time. In the meantime, the bet will remain as it is. We apologize for the inconveniences."

This seems to indicate they're open to re-grading in the future if the situation changes, but if that's the case why grade it now? Why not wait until a final determination is made, just like they're doing with all other season props and futures in every other league?

Like I said, I'll post no more on this. Thanks for all of your opinions and input.

[DontTailMe]

This will be my last post on this, because BOL is giving me the runaround and it's pretty clear they've decided to keep my money. Their latest response was basically more of the same:

"at the time the bet remain on the currently status, however, we need to wait until new developments due to the pandemic situation, and if the bet comes to be winner, we'll be able to re grade by that time. In the meantime, the bet will remain as it is. We apologize for the inconveniences."

This seems to indicate they're open to re-grading in the future if the situation changes, but if that's the case why grade it now? Why not wait until a final determination is made, just like they're doing with all other season props and futures in every other league?

Like I said, I'll post no more on this. Thanks for all of your opinions and input.

So if the XFL releases a schedule this December for the 2021 season, thus proving that they have not in fact "ceased operations", they'll credit you with a win? Somehow I think you're going to have a very difficult time with that 9 months from now. They screwed up with a premature grading. And instead of fixing it, they're going with this baloney arrangement where you have to remind them in the future? Sorry man.

[Optional]

I wish you guys would head over to this thread and debate these guys who are just as passionately saying books should definitely grade futures bets now;

https://www.sportsbookreview.com/forum/sportsbooks-industry/3597074-why-wont-books-refund-futures-bets-already-nba-nhl.html

Not (just) being a smart ass. Let's see how these two opposite opinions stack up directly against each other.

[washhead]

I said I would not post anymore, but if you're going to bait me I'll bite. You misunderstand me. I AM saying this should be graded now. I'm saying it should be graded as a win since the 2020 XFL season is over and the XFL did not "cease operations" during the season.

[mrpapageorgio]

I wish you guys would head over to this thread and debate these guys who are just as passionately saying books should definitely grade futures bets now;

https://www.sportsbookreview.com/forum/sportsbooks-industry/3597074-why-wont-books-refund-futures-bets-already-nba-nhl.html

Not (just) being a smart ass. Let's see how these two opposite opinions stack up directly against each other.

My stance over there was the same as here. Until there's something official, the bets should remain pending.

This is something SBR should ask about because as Donttailme said, assuming XFL puts out a 2021 schedule, BOL might try and claim it's water under the bridge 9 months from now if washhead inquires about it again.

[Optional]

I said I would not post anymore, but if you're going to bait me I'll bite. You misunderstand me. I AM saying this should be graded now. I'm saying it should be graded as a win since the 2020 XFL season is over and the XFL did not "cease operations" during the season.

Oh OK. I did.

I thought you were upset they graded it before the season was over, and hoped they might resume to win your bet.

Pretty sure that's what DTM was talking about too.


So, I guess you agree with the guys in the other thread that season props should be graded now and we should assume nothing more happens for this season?

Can't say I agree with you any more in that case.


And also don't find your argument for an early win payout very compelling either. Considering they still could play more games, or actually announce bankruptcy.

[PD77]

There is a difference, the XFL has officially canceled the season. this article explains it. The bet is over, BOL just graded it incorrectly. The XFL did not cease operations DURING the season. Seasons over and they have plans for 2021.

https://www.usatoday.com/story/sports/2020/03/20/xfl-football-shuts-down-remainder-season-coronavirus/2887774001/

[JoeCool20]

I'm curious to hear people's thoughts on a recent wager at betonline.ag:


XFL Futures - XFL cease operations during 2020 Season -


This wager was graded as a "Yes," and I'm curious what others think.

In my mind, to "cease operations" means to dissolve as an organization, like what happened with the AAF last year.

The XFL still has employees, and they still have a headquarters. They are still paying their players and are committed to coming back in 2021 and beyond: https://www.xfl.com/en-US/articles/xfl-statement

To me, this is not an organization that has ceased operating.

I asked BOL and their response wasn't entirely clear: "at the time the bet remain on the currently status, however we need to wait until new developments due to the pandemic situation and if the bet comes to be winner we will be able to re-grade it by that time." I asked if they could clarify what that means, and I have not heard back after three days.

I'm curious if others think I have an argument. BOL has reversed decisions like this in the past after I've posted here. Thanks for any thoughts.

Have they already paid the people that had "yes" in this bet? If so then it is probably a done deal.

[washhead]

Latest from BOL:

"Just a brief note to inform we've credited your account per our Sportsbook Director's request due to a prop that was worded incorrectly. Our apologies for any confusion and delay in resolving."

Not a win, but at least they cancelled the wager and gave me my original funds back. Shouldn't have been this much of a fight, but I'll take it. Thanks again to everyone for their input. Thanks to betonline.ag for (eventually) coming around.

[PD77]

Latest from BOL:

"Just a brief note to inform we've credited your account per our Sportsbook Director's request due to a prop that was worded incorrectly. Our apologies for any confusion and delay in resolving."

Not a win, but at least they cancelled the wager and gave me my original funds back. Shouldn't have been this much of a fight, but I'll take it. Thanks again to everyone for their input. Thanks to betonline.ag for (eventually) coming around.

At least they refunded your bet I suppose. They really mucked up that prop. But to grade it when they did they must’ve been thinking will the XFL play a complete 10 game season. Don’t really know to be honest.

[DontTailMe]

I wish you guys would head over to this thread and debate these guys who are just as passionately saying books should definitely grade futures bets now;

https://www.sportsbookreview.com/forum/sportsbooks-industry/3597074-why-wont-books-refund-futures-bets-already-nba-nhl.html

Not (just) being a smart ass. Let's see how these two opposite opinions stack up directly against each other.

I already let that OP know very early on in that thread that he was wrong. NBA futures simply MUST to play out. Sportsbooks cannot make any assumptions as to what decisions will be made by each league.

Oh OK. I did.

I thought you were upset they graded it before the season was over, and hoped they might resume to win your bet.

Pretty sure that's what DTM was talking about too.


So, I guess you agree with the guys in the other thread that season props should be graded now and we should assume nothing more happens for this season?

Can't say I agree with you any more in that case.


And also don't find your argument for an early win payout very compelling either. Considering they still could play more games, or actually announce bankruptcy.

That's not what I was saying, and we seem to disagree on this. Whether they resume this season or not has nothing to do with OP's prop. From early on Page 1, my position has been clear that "cease operations" is not the same as canceling the season. If the XFL announces they are closing business, then OP would lose. Maybe BOL meant to post a cancel season line, but in that case they used the wrong terminology.

Glad to hear BOL made right on this one. That's what I've come to expect from this excellent organization. They are willing to correct their mistakes.

[Optional]

@DTM, I had the wrong end of the stick from the start regarding what Washhead was wanting. :\

Latest from BOL:

"Just a brief note to inform we've credited your account per our Sportsbook Director's request due to a prop that was worded incorrectly. Our apologies for any confusion and delay in resolving."

Not a win, but at least they cancelled the wager and gave me my original funds back. Shouldn't have been this much of a fight, but I'll take it. Thanks again to everyone for their input. Thanks to betonline.ag for (eventually) coming around.

Thanks for updating us on outcome.

[PD77]

What a cluster. Good thing you got the bet refunded.

https://www.espn.com/xfl/story/_/id/29021347/xfl-suspends-operations-lays-employees-no-plans-return-2021

[semibluff]

What a cluster. Good thing you got the bet refunded.

https://www.espn.com/xfl/story/_/id/...ns-return-2021

Sad result today with the XFL being effectively disbanded.

Since the XFL has been disbanded before the end of the originally scheduled regular season the op will of course be refunding the book with his losing bet amount...won't he???

[DontTailMe]

What a cluster. Good thing you got the bet refunded.

https://www.espn.com/xfl/story/_/id/...ns-return-2021

Yeah I thought of this thread when I saw the news today. OP did end up making out on this, but it’s not his fault, the wager was graded prematurely, and today’s news is proof of that. Everyone’s happy

[beefcake]

Wow ..good job OP..

[washhead]

It's a moot point because the wager has been canceled, but yesterday's announcement doesn't change anything. The wager stated "cease operations," and yesterday's announcement said the XFL is suspending operations. Suspension and cessation are different things. The wager also stated "during 2020 Season." The season ended with the league's statement on March 20, so anything happening now is after the season, not during the season.

All that said, I'm coming around to the idea that canceling the wager rather than grading it one way another was probably the right decision. The wording wasn't clear enough, and there's a valid argument on both sides.