Canbet canceled 27 correlated NCAA football parlays on different games; downgraded to C+" />

Canbet canceled 27 correlated NCAA football parlays on different games; downgraded to C+

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Canbet canceled 27 correlated NCAA football parlays on different games; downgraded to C+
SBR has discussed the case numerous times with management in recent months. Canbet states that their software has never accepted correlated parlays where the point spread exceeds 33% of the total, and that the string of bets were accepted due to "operator error." Management also stated they believe the player was aware of this as he bet more than his average stake size and also deposited larger amounts to take advantage of these plays. Canbet:

Parlays should not have been offered on this game and were only offered on this game due to operator error. Company policy is to only offer such parlays when the point spread is roughly a third or less of the points total. The fact that the bets were not voided until after the match does not alter the fact that the parlays were accepted in error in the first place. Agreed, it is certainly not normal practice to detect such bets until after the event. Again, through operator error these bets were not detected prior to grading the event. Canbet cites a rule that it claims supersedes the fact that the software allowed the wagers and graded them after the player's funds had been risked. In the event that a line or price is put up in obvious error due to a human error by an employee, any customer wagers entered to take advantage of such error will be void. The most applicable rule Canbet has for these wagers suggests that they were valid bets that are allowed. Any multiple made up of more than one selection from the same event will be deemed a related contingency. i.e. Alan Shearer to score 1st & Newcastle Utd to win; Denver -7.5 pts and Denver to win the game. The only exception to the above is in North American sports where sides and totals can make up a multiple bet. Canbet will remain under review as this and other disputes are discussed further and more is learned about Canbet's impending migration to its new platform and management. International All Sports Ltd. sold Canbet last week to Yin Khing Investments Ltd. IASbet's rating will also be reviewed. | IASbet Ltd: Canbet press release

Under $.00 Multi Game Total  (50)  @ 1.909
California $.00 Multi Point Spread  (+22.0)  @ 1.909
  $250.00   Package  
Over $.00 Multi Game Total  (52)  @ 1.909
Boise State $.00 Multi Point Spread  (-35.0) 
  $250.00   Package  
Under $.00 Multi Game Total  (52)  @ 1.909
Utah State $.00 Multi Point Spread  (+35.0) 
         
  $267.50   Package  
Under $.00 Multi Game Total  (49.5)  @ 1.909
Vanderbilt $.00 Multi Point Spread  (+24.0)  @ 1.909
  $265.00   Package  
Over $.00 Multi Game Total  (49.5)  @ 1.909
Florida $.00 Multi Point Spread  (-24.0)  @ 1.909
  $1,640.00   Package  
Over $.00 Multi Game Total  (69.5)  @ 1.909
Oklahoma $.00 Multi Point Spread  (-27.5)  @ 1.909
  $1,640.00   Package  
Under $.00 Multi Game Total  (69.5)  @ 1.909
Texas AM $.00 Multi Point Spread  (+27.5)  @ 1.909
  $1,640.00   Package  
Under $.00 Multi Game Total  (67.5)  @ 1.909
Kansas State $.00 Multi Point Spread  (+27.0)  @ 1.909
  $1,640.00   Package  
Over $.00 Multi Game Total  (67.5)  @ 1.909
Missouri $.00 Multi Point Spread  (-27.0)  @ 1.909
         
  $1,640.00   Package  
Under $.00 Multi Game Total  (50)  @ 1.909
California $.00 Multi Point Spread  (+22.0)  @ 1.909
  $1,640.00   Package  
Over $.00 Multi Game Total  (50)  @ 1.909
USC $.00 Multi Point Spread  (-22.0)  @ 1.909
         
  $640.00   Package  
Over $.00 Multi Game Total  (49.5)  @ 1.909
Florida $.00 Multi Point Spread  (-24.0)  @ 1.909
  $1,640.00   Package  
Under $.00 Multi Game Total  (49.5)  @ 1.909
Vanderbilt $.00 Multi Point Spread  (+24.0)  @ 1.909
  $999.00   Package  
Over $.00 Multi Game Total  (49.5)  @ 1.909
Florida $.00 Multi Point Spread  (-24.0)  @ 1.909
  $250.00   Package  
Over $.00 Multi Game Total  (61)  @ 1.909
Texas $.00 Multi Point Spread  (-28.0)  @ 1.952
  $99.00   Package  
Under $.00 Multi Game Total  (61)  @ 1.909
Baylor $.00 Multi Point Spread  (+28.0)  @ 1.870
  $200.00   Package  
Under $.00 Multi Game Total  (61)  @ 1.909
Baylor $.00 Multi Point Spread  (+28.0)  @ 1.870
  $500.00   Package  
Under $.00 Multi Game Total  (52)  @ 1.909
Utah State $.00 Multi Point Spread  (+35.0) 
  $2,900.00   Package  
Under $.00 Multi Game Total  (59.5)  @ 1.909
Washington State $.00 Multi Point Spread  (+41.0)  @ 1.909
  $2,900.00   Package  
Over $.00 Multi Game Total  (59.5)  @ 1.909
Arizona $.00 Multi Point Spread  (-41.0)  @ 1.909
  $.00   ClientAdjust  
  $2,500.00   Package  
Under $.00 Multi Game Total  (43.5)  @ 1.909
Wyoming $.00 Multi Point Spread  (+26.5)  @ 1.909
  $2,500.00   Package  
Over $.00 Multi Game Total  (43.5)  @ 1.909
Tennessee $.00 Multi Point Spread  (-26.5)  @ 1.909
  $2,500.00   Package  
Over $.00 Multi Game Total  (52)  @ 1.909
Boise State $.00 Multi Point Spread  (-35.0) 
  $2,000.00   Package  
Under $.00 Multi Game Total  (52)  @ 1.909
Utah State $.00 Multi Point Spread  (+35.0) 
         
  $2,772.00   Package  
Under $.00 Multi Game Total  (61.5)  @ 1.909
San Diego State $.00 Multi Point Spread  (+36.5)  @ 1.909
  $2,772.00   Package  
Over $.00 Multi Game Total  (61.5)  @ 1.909
BYU $.00 Multi Point Spread  (-36.5)  @ 1.909

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950 Pts
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825 Pts
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390 Pts
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355 Pts
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350 Pts

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