Book X, as well as several other books, opened a line several weeks ago with Side A ranging from -200 to -275. The line has fluctuated on all available books form -200 to -300 over that time with a comeback of +160 to +240 on Side B.
Yesterday, Book X adjusted their line to make Side B favorite at -245 and Side A +205. Assuming this was an error, it is a peculiar error considering the line has been open for quite some time.
I put a wager on Side A at +205. The line remained steady for several hours and I went to bed. This afternoon, I checked the line and Book X had made several adjustments. They adjusted Side A from +205 to +185, then to +175, then to +170 over the course of what appeared to be several hours.
Eventually, they readjusted the orignal favorite, Side A, back to -245.
They sent me an email stating, "We are contacting you in regards the wager on (Side A) +205, to let you know that the correct line is (Side A) -240, (Side A) is the favorite. The correct line is available for you to place your wager again, if you like."
I know must books have clauses allowing them to cancel a wager on a mistaken line. I do not necasarily agree with this policy because you cannot get a wager cancelled on the bettor end because of a "mistake." But, at what point do subsequent actions make the mistake too attenuated from the wager. Once you start adjusting the line several times, doesnt the mistake just become poor judgment. There is a difference between poor judgment and a typo or misclick.
What if this was closer to the closing of the line and it was not noticed until after the action took place?
What if people are scalping this wager?
At what point does a Book have to take responsibity for their mistakes just as clients take responsibilites for theirs?
I believe that a have a justifiable cause to file a complaint. But, considering how the industry operates, I believe that I will be quickly dismissed. Therefore, I am hesitant to bring one for the fear of retalition in the form of limits, problems withdrawing, or outright theft.
Would like opinions please.
Yesterday, Book X adjusted their line to make Side B favorite at -245 and Side A +205. Assuming this was an error, it is a peculiar error considering the line has been open for quite some time.
I put a wager on Side A at +205. The line remained steady for several hours and I went to bed. This afternoon, I checked the line and Book X had made several adjustments. They adjusted Side A from +205 to +185, then to +175, then to +170 over the course of what appeared to be several hours.
Eventually, they readjusted the orignal favorite, Side A, back to -245.
They sent me an email stating, "We are contacting you in regards the wager on (Side A) +205, to let you know that the correct line is (Side A) -240, (Side A) is the favorite. The correct line is available for you to place your wager again, if you like."
I know must books have clauses allowing them to cancel a wager on a mistaken line. I do not necasarily agree with this policy because you cannot get a wager cancelled on the bettor end because of a "mistake." But, at what point do subsequent actions make the mistake too attenuated from the wager. Once you start adjusting the line several times, doesnt the mistake just become poor judgment. There is a difference between poor judgment and a typo or misclick.
What if this was closer to the closing of the line and it was not noticed until after the action took place?
What if people are scalping this wager?
At what point does a Book have to take responsibity for their mistakes just as clients take responsibilites for theirs?
I believe that a have a justifiable cause to file a complaint. But, considering how the industry operates, I believe that I will be quickly dismissed. Therefore, I am hesitant to bring one for the fear of retalition in the form of limits, problems withdrawing, or outright theft.
Would like opinions please.