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?