Is expekt cheating?

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  • Jamie_UK
    replied
    nice gesture considering the OP called them cheats

    Leave a comment:


  • vanman
    replied
    I wish every time i placed a losing bet i got paid $50

    Leave a comment:


  • sinn
    replied
    Support refused to refund bet (150USD * 2.1), but as compensation paid 50USD.

    Leave a comment:


  • bigloser
    replied
    I dont think they can make it clearer than that

    Leave a comment:


  • Bill Dozer
    replied
    Originally posted by punchmaster
    Sad if so. All the top boxing books have it the same , clear, way- 5dimes, Greek, Pinnacle, Bookmaker, sportsbetting. bet365. Expekt is mickey mouse for boxing.
    Here is their rules in English as of 11/8

    Leave a comment:


  • MrX
    replied
    Originally posted by Spike Spiegel
    This is copied from events result section. So as long as the bet was defined as U/O 7.5 completed rounds I don´t understand why are you surprised that your bet is resulted as lost.
    sinn, does your bet ticket say over 7.5 "completed rounds"? If so, I'd have to side with expekt on this one. A knockout in the 8th round is clearly not a completed 8th round.

    Leave a comment:


  • punchmaster
    replied
    Originally posted by sinn
    They quickly changed the rules to their benefit.
    But versions of the website for other languages nothing has changed.
    Sad if so. All the top boxing books have it the same , clear, way- 5dimes, Greek, Pinnacle, Bookmaker, sportsbetting. bet365. Expekt is mickey mouse for boxing.

    Leave a comment:


  • Jamie_UK
    replied
    The victory a knockout does not finish a round? or

    The victory a knockout does not completed a round ?

    In my opinion a victory a knockout this end of a round and a match.
    Thats not really true is it. A knockout would complete the match, but not the round, the round would only be completed with the bell.

    Leave a comment:


  • Jamie_UK
    replied
    Originally posted by Bill Dozer
    Thank you Jamie for so graciously assisting.

    Here is the link http://www.expekt.com/help.jsp?section=rules_rules
    No worries Bill, always happy to assist

    Leave a comment:


  • sinn
    replied
    The victory a knockout does not finish a round? or

    The victory a knockout does not completed a round ?

    In my opinion a victory a knockout this end of a round and a match.

    Here the German version of rules:
    Boxen
    Maßgeblich für das Ergebnis ist die offizielle Entscheidung des Kampfrichters nach Punkten, technischem K.o., K.o. oder Disqualifizierung.
    Für Wetten auf die Art des Gewinnes finden folgende Definitionen Anwendung:
    "K.o." schließt T.K.o. (Technicher Knock-out) und Disqualifikation ein
    "Decision" schließt "Technical Decision" ein
    "Unentschieden" schließt "Technisches Unentschieden" ein
    Wenn einer oder beide Boxer das geforderte Gewicht nicht erreichen, das für den angekündigten Bewerb angegeben wurde, so werden alle Wetten mit Quote 1,00 gewertet, egal, ob der Bewerb stattfindet oder nicht.

    Russian and French versions the same.

    Whether has sense to address in independent arbitration, for example IBAS when rules a post factum are changed?

    Leave a comment:


  • Spike Spiegel
    replied
    Jorge Linares - Gamaliel Diaz
    WBC Featherweight Title

    Int. Fights
    Sun 16-12-2007 04:00

    1 X 2
    1.08 28.00 8.00

    over/under
    under 7.5 completed rounds - 1.75
    over 7.5 completed rounds - 1.95
    This is copied from events result section. So as long as the bet was defined as U/O 7.5 completed rounds I don´t understand why are you surprised that your bet is resulted as lost.

    Leave a comment:


  • Bill Dozer
    replied
    Thank you Jamie for so graciously assisting.

    Here is the link http://www.expekt.com/help.jsp?section=rules_rules

    Leave a comment:


  • sinn
    replied
    They quickly changed the rules to their benefit.
    But versions of the website for other languages nothing has changed.

    Leave a comment:


  • Jamie_UK
    replied
    if you lot actually read the rules you might have a clue.

    Number of completed rounds: If a fight is stopped before the completion of a round the previous round counts as the last completed round. E.g. If the match is stopped during the 9th round then there have only been 8 completed rounds. On a bet which says: Over/under 8.5 completed rounds, the result will be under 8.5.

    Leave a comment:


  • Thremp
    replied
    This should pretty clearly be paid if there is nothing contrary on their website.

    Leave a comment:


  • sinn
    replied
    Originally posted by Bill Dozer
    Sinn,

    If you send your account ID we can at least ask their thoughts on it.
    Ok my account ID sinbadexp

    Respect to all of you guys

    Leave a comment:


  • tribet
    replied
    Originally posted by punchmaster
    Look you cycling homo, I've been betting boxing for over 2 years and have made more money in it than you will gambling in your lifetime. I bet over 7.5 rounds on that fight and got paid and unless Expect has different rules than 5 dimes and the Greek etc , the dude needs to get paid if he bet over 7.5 rounds, now enjoy that cycling seat up your ass while I collect my winning wagers.
    Well how can I possibly argue with such a well thought out and erudite post but you are still wrong you clown and I doubt you have a fraction of the wealth I have so that's a non starter.
    Keep going with your $5 accumulators though.

    Leave a comment:


  • Bill Dozer
    replied
    Originally posted by Dark Horse
    Personal opinion doesn't really matter, since it is obvious, if only from the recent Matchbook rule change, that this is an area open to interpretation. So the only thing that matters here is what the Expekt rules say. I couldn't find them on their site.
    Another good post summing it up from DH.

    Expekt is pretty reasonable. I wouldn't be surprised if they paid or no-actioned it as payment for sharpening their rules.

    Sinn,

    If you send your account ID we can at least ask their thoughts on it.

    Leave a comment:


  • Dark Horse
    replied
    Personal opinion doesn't really matter, since it is obvious, if only from the recent Matchbook rule change, that this is an area open to interpretation. So the only thing that matters here is what the Expekt rules say. I couldn't find them on their site.

    Leave a comment:


  • punchmaster
    replied
    Originally posted by MrX
    So in terms of industry standards we have two major books (Pinny and Matchbook) who would have graded OP's bet as a win. Is that correct?
    No, not just two major books, unless you don't consider The Greek, 5 dimes, and sportsbook/sportsbetting.com major. 5dimes and sportsbook.com paid me for the exact same wager as the original poster.

    Leave a comment:


  • punchmaster
    replied
    Originally posted by tribet
    No offence but you obviously know nothing about how these bets are settled and probably know nothing at all generally,do you really think they settle at o/u 1.30 in a round you idiot.
    Look you cycling homo, I've been betting boxing for over 2 years and have made more money in it than you will gambling in your lifetime. I bet over 7.5 rounds on that fight and got paid and unless Expect has different rules than 5 dimes and the Greek etc , the dude needs to get paid if he bet over 7.5 rounds, now enjoy that cycling seat up your ass while I collect my winning wagers.

    Leave a comment:


  • Jamie_UK
    replied
    Originally posted by tribet
    US books have different rules which I have explained for the hard of
    learning such as punchmaster who has gone remarkably quiet.
    US books? and you call him thick.

    Leave a comment:


  • MrX
    replied
    So in terms of industry standards we have two major books (Pinny and Matchbook) who would have graded OP's bet as a win. Is that correct?

    Leave a comment:


  • bigboydan
    replied
    Originally posted by tribet
    US books have different rules which I have explained for the hard of
    learning such as punchmaster who has gone remarkably quiet.
    According to the SBR rules monitor,Matchbook just added a rule recently on the .05 round boxing rule recently. In fact that was the only rule change in roughly 5 months.




    # Boxing matches may be posted using either a draw-included or no-draw format. If the former, and the fight ends in a draw, wagers on both fighters "to win" will be graded as losers, and wagers "to lose" as winners. If the latter, all wagers on either fighter will be cancelled and refunded.
    # If the scheduled length of a fight is changed, all markets involving numbers of rounds (e.g., fight duration) will be cancelled and refunded.
    # If a fight is rescheduled for a different date, all wagers stand so long as the fight takes place within thirty (30) days of the original date.
    # A disqualification is graded as a KO for the opponent.
    # For time of fight betting, a half round is defined as 90 seconds.

    Leave a comment:


  • tribet
    replied
    US books have different rules which I have explained for the hard of
    learning such as punchmaster who has gone remarkably quiet.

    Leave a comment:


  • Pareto
    replied
    "Bookmakers use the .5 so that a bet is either win or lose,they are taking out the push option,so when you take over 7.5,8 rounds must be completed for your bet to win. "


    I dont know Expects rules, but Pinnacle states the following under their boxing rules.

    Each round is three minutes in duration; a half-round is defined as ninety seconds.

    I therefore also thought that f.inst. O/U 7½ rounds meant 7 rounds and 90 seconds.

    Leave a comment:


  • tribet
    replied
    Thank you 2 more people who are not clueless like punchmaster is.

    Leave a comment:


  • Dark Horse
    replied
    Originally posted by vanman
    No it is not the end of the round it is the end of the fight.So therefore only 7 rounds were completed,hence your bet is a loser.Bookmakers use the .5 so that a bet is either win or lose,they are taking out the push option,so when you take over 7.5,8 rounds must be completed for your bet to win.

    You are correct. The half point is not a time indicator, but a divider between 7 and 8 rounds. Therefore 7.5 rounds is not the same as 7 rounds and 1:30 minutes.

    Leave a comment:


  • vanman
    replied
    Originally posted by sinn
    The problem is that expect believes that victory knockout is not the end of the Round.
    No it is not the end of the round it is the end of the fight.So therefore only 7 rounds were completed,hence your bet is a loser.Bookmakers use the .5 so that a bet is either win or lose,they are taking out the push option,so when you take over 7.5,8 rounds must be completed for your bet to win.

    Leave a comment:


  • tribet
    replied
    Originally posted by punchmaster
    I believe that bet reads greater than 7.5 rounds or another words, you bet the fight to go over 7.5 rounds and if that's the case , they need to pay, no questions or controversy. 7.5 rounds means the 1:30 second mark of the 8th round. Since the fight ended at 2:02 of round 8 , the outcome is clear. If you bet the over and Expect calls it a loss.... unless it's a true mistake on their part- they suck ass. If you actually be under 7.5 rounds, they are correct. Good luck. Some of the posts on here such as "the 0.5 round is used to effectively indicate the end of round 8 and not any point within the 8th round" are really pathetic.
    No offence but you obviously know nothing about how these bets are settled and probably know nothing at all generally,do you really think they settle at o/u 1.30 in a round you idiot.

    Leave a comment:


  • sinn
    replied
    The problem is that expect believes that victory knockout is not the end of the Round.

    Leave a comment:


  • punchmaster
    replied
    Originally posted by sinn
    Hi,

    I've placed a bet at Expekt on Boxing (Jorge Linares - Gamaliel Diaz,
    count of rounds > 7.5).

    This fight has ended at 8th round. According to Yahoo sports:
    "Dec. 15 -- Jorge Lineres records an eighth-round knockout
    over Gamaliel Diaz in Cancun, Mexico to retain the WBC
    featherweight title"
    (http://sports.yahoo.com/box/leaguepa...=st&type=lgns).

    Expekt treated my bid as "Lost". Here is an answer to my request from
    their support:
    "It was 7 rounds in total, because in 8th round Jorge Lineres has won a
    minute before end of round. 8th round was not finished, that's why we
    do not count it".

    As for me, it is pure cheating, because Expekt insists that knock-out
    is not a finish of the fight and of the round accordingly.

    Expekt's Rules and Terms of Service say nothing about this case.

    A question to the community: What should I do? How can i affect them?
    Did someone was iin similar situation?

    I believe that bet reads greater than 7.5 rounds or another words, you bet the fight to go over 7.5 rounds and if that's the case , they need to pay, no questions or controversy. 7.5 rounds means the 1:30 second mark of the 8th round. Since the fight ended at 2:02 of round 8 , the outcome is clear. If you bet the over and Expect calls it a loss.... unless it's a true mistake on their part- they suck ass. If you actually be under 7.5 rounds, they are correct. Good luck. Some of the posts on here such as "the 0.5 round is used to effectively indicate the end of round 8 and not any point within the 8th round" are really pathetic.

    Leave a comment:


  • vanman
    replied
    Expekt are correct in their grading of this wager.

    Leave a comment:


  • tribet
    replied
    It's how they always settle these bets.

    Leave a comment:


  • bigloser
    replied
    What is there to explain?

    Leave a comment:

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