Question About Sportsbook Changing The Price Of My Bet?

[Sportslover]

Hi folks. Just got a question about a Sportsbook's reaction regarding one of my bets.

Yesterday I placed a bet on the Yankees at -104 with "listed pitchers". Once I realised that Cliff Lee might be going to the Yankees/elsewhere, I made another bet on the Yankees for "action" at -104.

My "listed pitchers" bet was voided.

My "action" bet was graded as a winner but the price was changed to -167. If it was a bad line that is fine. However, I would prefer if they just voided the bet if it was a bad line rather than changing the price because I don't like to play -167 bets.

My question is, is it common practice for bad lines to be voided or just have the price changed? I never received an email from them regarding the changed price so have not received a reason from them. Just curious.

This isn't a complaint about a line being good or bad, if it was deemed bad at the time of me placing the bet that's fair enough and I totally accept the sportsbooks decision. I'm just saying that in these situations I think its better if the wager is just voided, win or lose. Obviously I won the bet anyway but I still would have preferred the wager to be voided because I like to be notified of a price change before I accept the bet. If the game has already started/finished, then voiding the bet is the fairest solution in my opinion.

Anyway just wondering what is the industry standard for these types of situations?

[chilidog]

When you play action instead of listed, your line will automatically be changed if there is a line change.

[Sportslover]

When you play action instead of listed, your line will automatically be changed if there is a line change.

Oh right. Sorry, I didn't realise that. Thanks for explaining this to me. I'm relatively new to betting baseball, although I've watched the sport for about 2-3 seasons now. Normally a Soccer/Tennis/NFL/Basketball bettor. I normally only play "listed pitchers" so this was my first time putting down an "action" bet.

I'll remember this in future. Thanks again.

[Igetp2s]

Why would you ever bet action? You have no control of what price you're getting if there's a pitching change. Why would you make a bet if you don't know what the odds would be?

[Sportslover]

Why would you ever bet action? You have no control of what price you're getting if there's a pitching change. Why would you make a bet if you don't know what the odds would be?

Because I didn't realise that the odds would change for "action" bets as I normally only bet "listed pitchers" so I was new to this type of situation. As I said earlier I am relatively new to betting Baseball, I've been watching it for 2-3 seasons but this is my first season where I now feel comfortable betting on the sport everyday.

Previously, I simply thought that "action" bets meant that bets would not be voided if a pitching change occurred. Didn't realise it would subsequently alter the odds as well. I thought I knew what an "action" bet was but was obviously wrong so just have to learn from my mistake. I'll just be betting "listed pitchers" in future.