No, of course not. The point is that is was an
obvious error based on an input error which was immediately recognized by the market. Thanks to the stupidity (or generosity?) of the books it has not been voided, although it was obvious to everyone what happened.
Although I don't say it's legitimate for bookies to void
any error.
Let me give you an example where I think it would have been wrong to void:
https://www.oddsportal.com/soccer/sw...mois-xQHEg52b/
Two level 6 teams were playing in the first round of the national cup against each other. They clashed for the very first time. Both from different regions. No reference available beside standings of their respective leagues. Who would know fair odds? Bookies gave weird-looking odds but okay, who knows how strong the away team is. There have not been any big moves before bookies closed the market (beside 1xbet).
So most of the bookies honored the bet and I say this was the correct way to handle this case because it was a
wrong estimation, an absurd estimation though, but it was
not evident to every market participant that it was an obvious error.
I know and it's a stupid law. Imagine this law would apply to normal business. What if a car dealer puts a Ferrari for sale on an online platform and accidentally mistyped the price: 1,000 EUR instead of 100,000 EUR. Someone makes a bid. Should the dealer be liable for his mistake?
Same could happen (and already happened a thousand times) in online betting. Imagine a bookie mistyped in an UEFA CL match. He gives 105.00 instead of 1.05 on a home win of PSG against Red Star Belgrad. Winning limit per bet is let's say 20k. If this market is open for betting for more than 5 minutes this single typing error could ruin the whole company within a blink of an eye.
Mistakes are human. Let's differentiate between obvious, explainable errors and wrong estimations. It's important to differentiate these cases in my opinion.