The Greek NBA Draft Prop Bet Dispute

[Raleigh77]

Yesterday morning I bet $300 at +240 on an NBA draft prop The Greek offered. The bet was over/under 3 SEC players drafted in the first round. I bet the under and my bet won. I went in my account to find that all records of my bet had been erased and I found an email that went to my junk folder saying they had cancelled my bet and changed the line to 2 and I could re-bet if I wish.

How can a book get away with cancelling a bet because they dont like the line or it has changed? They wrote the ticket and they should honor it. It is so disgusting that a book gets away with this. I will fight hard for my $720 that I deserve. Once a ticket is written it should be honored. A bet is a bet, I cant cancel my bets if the line moves and I can get better odds elsewhere, how can the Greek do this.

Wherever I need to file a complaint I will do so, with any kind of offshore watchdog group there is, if anyone at SBR can help as well I would greatly appreciate it. Where has the integrity and honesty in this industry gone? Maybe it has never existed but how can they just cancel a bet that I placed, it is the most ridilicous thing I have ever heard.

[Justin7]

Were any other books offering a similar prop?

[Raleigh77]

Justin- As to your question, I have no way of knowing, I only really play at the Greek and 5dimes, I just wanted to watch the draft and make a bet, I saw the line and bet it. I am sure your question has some relevance but I fail to see how the issue goes beyond the simple fact that they wrote a ticket and they should honor it. You simply cant just cancel a bet when you feel like it, the ramifications of being able to do this and get away with it have to be crushing to any player, how can you ever win if the bookmaker you are playing at can arbitrarily cancel your bet after they take it, it is thievery and dishonesty of the highest order.

[bubba]

Were any other books offering a similar prop?

5dimes, sportsbetting.com had similar prop at some point during the day. 5dimes took theres down and didnt put it back up sometime in the afternoon. i dont remember what the numbers were though.

[Santo]

Justin- As to your question, I have no way of knowing, I only really play at the Greek and 5dimes, I just wanted to watch the draft and make a bet, I saw the line and bet it. I am sure your question has some relevance but I fail to see how the issue goes beyond the simple fact that they wrote a ticket and they should honor it. You simply cant just cancel a bet when you feel like it, the ramifications of being able to do this and get away with it have to be crushing to any player, how can you ever win if the bookmaker you are playing at can arbitrarily cancel your bet after they take it, it is thievery and dishonesty of the highest order.

The industry norm is that you can do this, if it is an obvious error. Justin's question is trying to ascertain it's obviousness.

[Boscoe]

3 sec players were taken, so no action, right?

[Johnny 55]

2 were taken, Harris and Knight. Kanter is considered from Turkey as he was listed as that on ESPN and never played for Kentucky.

[Raleigh77]

So the industry norm is that you can just cancel a bet when you feel like it, i have placed thousands of bets in vegas and when you have the ticket the bet is always honored. What is the rationale behind this, how can any book just cancel a bet after they take it, does this not leave the door open for a massive amount of issues, why wouldnt a book just cancel any bet when the line moves against them.

As to Justin's attempting to ascertain the obviousness of the line, a simple Google search would show any number of Mock drafts that had 3 SEC players being drafted in the first round, Harris,Knight, and Tompkins who ended up being picked 37th, there were also a number of mock drafts that had the Spurs taking Chandler Parsons from Florida at the end of the first round and a couple that had Travis Leslie of Georgia going in the first round, I thought there was value in the line and that is why i bet it but to say it was an obvious mistake by the Greek is outrageous in my opinion given the facts of the case, when you bet under 3 and two is virtually guaranteed and there was a high likelihood that a third could be taken I dont see how this is a bad line in any way.

[Santo]

This isn't Vegas -- different rules have always applied online. Cancelling when a line moves isn't palpable error, and would be rightly criticised.

You normally compare the line against market price, but you can't do that here.. based on what you say it would seem a reasonable price -- there is something of an onus on Greek to prove it was an obvious error.

[sharpcat]

SEC Under 3.5 +147 at sportsbetting was graded as a winner here.

[ShippingIt]

Bookmaker offered the same prop U3 +240 was bet down to +200 and closed at +150, offered at 5dimes too but o/u was only 2 and Tony took all college conference props down late afternoon. FWIW I played it at BM and it was graded correctly.

[Raleigh77]

Ok, now this is really infuriating and ludicrous. Two other books graded the bet as a winner, how can the Greek cheat me like this. How can I not receive my $720 on this bet. I would really appreciate SBR's help in recovering these funds, especially since Bookmaker payed out this same bet. The person from the Greek emailed me and told me the oddsmaker had no intention of putting up the line and it was a mistake, which obviously is a complete lie since there appear to be numerous other books who put up the same line at the same time the Greek put out their line and like honorable bookmakers payed out their customers who won the bet.

[Raleigh77]

Justin- If you would please let me know the process I have to undertake to file a formal complaint against the Greek on this matter I would like to proceed down this path to recovering my funds.

[sharpcat]

http://www.sportsbookreview.com/Sportsbook+Complaint.aspx

Players need to start filing complaints about these things and SBR needs to step up and let the books know that it will not be tolerated. It is sickening to see books cry bad line every time they mis-price a line and get crushed on it.

[KEdge2k]

Hmmm.... I think this should be graded a winner, it wasn't an obvious "bad line" if you ask me. Like the gentlemen said, various mock drafts made clear that it was very possible 3 guys from the SEC could be drafted.

Very surprised that the Greek cancelled the wager.

[Justin7]

If other books offered similar prices initially, it doesn't appear to be a bad line.

[Raleigh77]

I think we have more than established through myriad evidence that it wasnt a bad line. Not only through the information available at the time through mock drafts but also by the fact that a number of other books both offered and honored the same bet at the same line. The question is what can be done about this? I filed the formal complaint, I have gone back and forth with the Greek through email but they are basically out and out lying by claiming this as an obvious bad line. I would really like to recover the $720 that is owed to me and I hope the fact that the Greek is a sponsor of SBR will not hinder my efforts to have SBR review the evidence impartially and help me recover my funds.

[Chuck Sims]

Raliegh77, This "they booked the bet they should honor it" shit has to stop. Sportsbooks make errors. When this happens, the bet is voided.

However, If Bookmaker had the same prop and they graded the bet a winner, you have a strong case. Good luck.

[KEdge2k]

Just be patient Raleigh, SBR will work this thing out for you thought it can take a few days for them to work their way to your complaint. I'll be very surprised if they don't get you a suitable resolution.

[Raleigh77]

I am being patient and I appreciate SBR's help. By the way, I completely understand if a book makes a massive error on a game and it is 40 cents off market or something, I get why they would cancel those bets, I dont have a problem with that. That isnt even close to the case here though and there is ample evidence to prove it was not some kind of obvious line error.

[stacks on deck]

that is ****** up if you ask me

[Winner_13]

doesnt seem to be a bad line as U3.5 +147 was a winner...Bet should stand get your $

[relaaxx]

i'm on the side of "a bet is a bet", unless the line is obviously bad. and this was not even close to a obvious bad line. in fact it was the actual line during the early part of the day. surprised the greek would do this.

[LegitBet]

Ineresting position the greek put put themselves in.
Let's play with this and say their cancellation email was read by you when it was sent and didn't end upon your spam folder. You would have a perfect freeroll, right? Over 3 and life continues w/o a word, or under 2 hits and here you are.
If what your story is, is what it is, very surprising coming from a good book like the Greek.
I'm just saying.

[djefferis]

if its legit, greek will make it right

[skrtelfan]

There shouldn't be any such thing as a "bad line" on a prop.

[BET THE HOOK]

Raleigh says he has an email from The Greek stating they never meant to post the prop and thats why it was cancelled not that the line was bad. They should pay the winnings and a little to boot for jerking the player around.

[FreeFall]

Raliegh77, This "they booked the bet they should honor it" shit has to stop. Sportsbooks make errors. When this happens, the bet is voided.

However, If Bookmaker had the same prop and they graded the bet a winner, you have a strong case. Good luck.

Yeah I'm not on your side here Chuck. Have two or three people check lines if they are posted. If it's wrong then accept it. If it was a two way street and I got the pleasure of picking which bets I want to honor then fine.

[goblue12]

Were any other books offering a similar prop?

Bmaker.ag had that exact same prop bet at +170 when I bet it on 6/23 at 1:48 PM PST.
Sportsbetting.ag had Under 3.5 +147 when I bet it on 6/23 at 1:19 PM PST.

Willing to PM screen shots of my tickets if you need them to help your case.

[austin]

so the greek taking shots now? I am sure they will make it right for the sake of their reputation and with sbr interference

[goblue12]

3 sec players were taken, so no action, right?

Only 2 were taken (Brandon Knight, Tobias Harris).

[Scooter]

If "Book the bet, Pay the bet" was the rule, we wouldn't have these disputes which are apparently occurring increasingly often.

I make mistakes.
This can range from betting more or less than I intended, sometimes due to selecting "Risk" instead of "Win" or vice versa, or not selecting either and getting whatever the book's default is, to not noticing that "Under 9.5" has become "Under 9.0", etc.
I have to eat the mistakes. The books get the benefit of a myriad of player betting errors.

Can I start calling the books and demanding they refund a wager because the price I paid is 7% worse than the market average?
Or does the Player always eat the loss from a mistake, but a Book gets to freeroll?

This is really absurd - every bet it seems has to be individually evaluated these days:
"What was the book's intention? Let me take a few minutes and check other lines at other books.
Hmm... the mean line seems to be 6 cents worse - should I not bet it?"

This is absurd.

We not only have to handicap, we have to evaluate each bet to try to decide if the book is going to claim bad line and cancel the bet.
Then we have to pay for a payout, and sweat that as well.

Cancelling Prop bets seems to be becoming the norm for all books now, even the "A" ones.

What effect do you think this has on the marketplace?
How many players decide NOT to make that offshore deposit when they read of these situations on a daily basis?


Disaster.

[Scooter]

If other books offered similar prices initially, it doesn't appear to be a bad line.

What about unique props?

Do the books get a freeroll from now on?

[LegitBet]

If "Book the bet, Pay the bet" was the rule, we wouldn't have these disputes which are apparently occurring increasingly often.

I make mistakes.
This can range from betting more or less than I intended, sometimes due to selecting "Risk" instead of "Win" or vice versa, or not selecting either and getting whatever the book's default is, to not noticing that "Under 9.5" has become "Under 9.0", etc.
I have to eat the mistakes. The books get the benefit of a myriad of player betting errors.

Can I start calling the books and demanding they refund a wager because the price I paid is 7% worse than the market average?
Or does the Player always eat the loss from a mistake, but a Book gets to freeroll?

This is really absurd - every bet it seems has to be individually evaluated these days:
"What was the book's intention? Let me take a few minutes and check other lines at other books.
Hmm... the mean line seems to be 6 cents worse - should I not bet it?"

This is absurd.

We not only have to handicap, we have to evaluate each bet to try to decide if the book is going to claim bad line and cancel the bet.
Then we have to pay for a payout, and sweat that as well.

Cancelling Prop bets seems to be becoming the norm for all books now, even the "A" ones.

What effect do you think this has on the marketplace?
How many players decide NOT to make that offshore deposit when they read of these situations on a daily basis?


Disaster.

Scooter
Beautifully said
PERFECT POST

[skrtelfan]

It's one thing if the book posts an NFL team +6 when they meant to post -6. That's an obvious typo. But books are now canceling plays in small markets like props, or that recent Arena football game where they had a linesman not capable of setting arena lines that had to copy from another book, and he copied the bad -2 opener rather than a real -12 one.

The other day I screwed up and accidentally made three bets I didn't want to make because I wrote down the wrong rotation numbers. I noticed my error immediately, but those particular books have rules that they don't cancel bets after they were made. In my opinion, any book that won't let you cancel a bet when you notify them immediately and the line hasn't moved, also shouldn't be canceling bets as "bad line." It should be a two way street.