Issue #1: May a Sportsbook leave a line up after the match has begun?
Answer: Yes. Books have been doing this for years.
Issue #2: Must a Sportsbook void a wager that is slightly past-posted?
Answer: No, they are not required to. Many sportsbooks have left odds up after a long event starts, especially if the book believes the odds have not materially changed.
Issue#3: May a Sportsbook void a wager that is slightly past-posted?
Answer: Yes, if they did not intend to leave the market up when the wager was bet. Only the book can say what they intended, so they have a pretty wide latitude of when to void a slightly past-posted wager, as long as they are consistent.
You should draw two things from this dispute:
A. Heritage has done nothing wrong here; and
B. If you past-post a book, you are giving them a legal free-roll against you. ( ( Please pretend that I was able to get a new paragraph in here ). By the way, Heritage's rules state that all past posted wagers are invalid.
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Originally Posted by
Jayvegas420
These are general rules that books generally use.
Aren't these the same rules that Heritage uses?
every book has different rules of course.
Heritage:
"A bet made after an event begins based on occurrences that have developed while in-play, is considered a 'past-post' and therefore invalid. This applies for all regular game lines or when play resumes in live wagering. All events intended for in-play offering will be noted as such on the wagering option. The same applies for all horse bets, they must be placed before post time or are invalid."
whatever way you look at it, this bet should have been voided from the start.
Therefore, since all past-posted wagers are invalid --- how does the book get to decide when it wants to collect losing bets and when it wants to void winning ones?