bettor got paid 82k

[GameBred]

This is exactly why Tony from dimes acts the way he does...

This is a great point. These guys help fuck shit up for the rest of us.

Trust me, I'm no Book apologist but getting paid +75000 off a fair price of ~ -600 (to hear FD tell it) is a touch much. I don't begrudge the guy and I think most people would want to get paid but I'm not most people; I just want a level playing field to see who understands markets and risk better and may the more skilled participant eventually reap the rewards.

 

[Sportsrmylife]

Any word that by paying him FD is now banning him from betting again? Or if they were smart they would raise his limits.

 

[trytrytry]

Fan duel LOL

 

[trytrytry]

This is a great point. These guys help fuck shit up for the rest of us.

Trust me, I'm no Book apologist but getting paid +75000 off a fair price of ~ -600 (to hear FD tell it) is a touch much. I don't begrudge the guy and I think most people would want to get paid but I'm not most people; I just want a level playing field to see who understands markets and risk better and may the more skilled participant eventually reap the rewards.

Level playing field? Can you and I set up a bookmaking shop in that state and offer and take bets? They have a damn near monopoly and paid and lobbied and bought off who knows who to get it.

 

[GameBred]

Level playing field? Can you and I set up a bookmaking shop in that state and offer and take bets? They have a damn near monopoly and paid and lobbied and bought off who knows who to get it.

I don't know any of this, I'm 5,000+ miles away from you guys. I had no clue FD was even a Book, much less had a betting shop or an online presence.

This was totally Fake News, no one was fucking this guy, it's quite the opposite. I would have gave him 82,000 kicks in the ass before I ever paid that out but I guess they had to or made a business decision.

Yes, level playing field, what a novel concept. Set it up and let's see who's got more grind. I understand that's a naive boy's dream but it would be nice.

 

[cheapseats]

He got it because the government gave it to him, this is how government works, Tony does not need government.

 

[GameBred]

I don't know any of this, I'm 5,000+ miles away from you guys. I had no clue FD was even a Book, much less had a betting shop or an online presence.

This was totally Fake News, no one was fucking this guy, it's quite the opposite. I would have gave him 82,000 kicks in the ass before I ever paid that out but I guess they had to or made a business decision.

Yes, level playing field, what a novel concept. Set it up and let's see who's got more grind. I understand that's a naive boy's dream but it would be nice.

Try,

The price this guy procured was 75x greater than the highest price available on a Betting Exchange (1,000). No one is intentionally offering +75,000 on anything, ever; It's not even possible on an Exchange to make that offer, that's how absurd this is.

I'm not surprised he got paid out as he did have a winning ticket but the full amount I found very surprising (I'm unfamiliar w/ U.S. Casino payoff practices).

 

[GameBred]

He got it because the government gave it to him, this is how government works, Tony does not need government.

What if the glitch said, "+100,000,000?"

Are they still obligated to pay that?

At what point can we use some common sense here.

 

[E$]

The guy is black

 

[cheapseats]

What if the glitch said, "+100,000,000?"

Are they still obligated to pay that?

At what point can we use some common sense here.

Government gave them the right to open their doors for sports wagering, who on earth is going to stop them from doing as they please. I agree the guy should have been more open to actual odds, and recognizing a mistake, puter error, etc. Nevertheless, our world today revolves around the circus that is Washington DC. I can't fault the guy for taking the $$ under those conditions.

 

[cheapseats]

The guy is black

Makes no matter IMO what the person was as long as the age was legal.

 

[mr merlin]

The dude with 82k needs to quit gambling. He will have bad karma for years.

I bet he loses it back in 5 months.

Why, he did nothing wrong? He placed a bet at a place that set the odds, he put up his money and very well could have lost.

 

[Gabe]

Why, he did nothing wrong? He placed a bet at a place that set the odds, he put up his money and very well could have lost.

It was a glitch in the system and the bettor took a shot. I don't think he will have good luck after this.

 

[railbird]

horse tracks take 30 pct, that is also theft, keno and slot machine take out also theft. MGM is suing the shooting victims, computer didn't glitch, a person did. Try to get a wager canceled in Vegas when you make a human error? they won let you. The dictatorship stuff is over.

 

[railbird]

gaming is in charge, not the sportsbook director

 

[railbird]

was it theft? yes. but it was legal theft

 

[MrTop]

no guidelines at all in any bookmaker what is off or not. In This case... yes that was off.way too much. Look at other games on a NCAA football saturday. A total from minimum to max could swing 2-6 points from one book to another. Look at the closing lines. Sides can have a 2-5 point swing at closing. from one book to another.

example : casa in vegas last week had houston closing -2.5 while cris closed it texas tech -2 these teams played each other.

nothing in stone.... what is off here ???

all the books should make a rule.

 

[TheGuesser]

no guidelines at all in any bookmaker what is off or not. In This case... yes that was off.way too much. Look at other games on a NCAA football saturday. A total from minimum to max could swing 2-6 points from one book to another. Look at the closing lines. Sides can have a 2-5 point swing at closing. from one book to another.

example : casa in vegas last week had houston closing -2.5 while cris closed it texas tech -2 these teams played each other.

nothing in stone.... what is off here ???

all the books should make a rule.

Nevada has a rule. All tickets go as written. And because of it, "Bad lines" are extremely rare, because the books are strongly incentivized to avoid them. That's the way it should be everywhere, and hopefully any State/US Regulation of the industry will follow Nevada's model.

 

[MrTop]

.. Credit always was horrible when it came to off numbers. Credit offices made up off number rules out of a hat.

Sometimes a simple mistake can cost you millions of business, it could come back and haunt you but you may never know. Many department stores went bust. Sometimes models have to be

changed. What worked 20-30 years ago sometimes does not work today. Menu's at restaurants, many have to be changed. It is all about selling a product.

 

[mr merlin]

It was a glitch in the system and the bettor took a shot. I don't think he will have good luck after this.

If such a thing as kharma exists, it does not favor the sportsbook.

 

[wantitall4moi]

Still more nonsense coming in. Everyone citing obvious this or obvious that. I would say during live betting and all that bullshit most of the lines are 'bad' thats why they take so long to get verified. Thats why live betting is a joke. Now in THIS particular case sure. +75000 on anything is probably wrong. But thats not the fault of the bettor. I would have bet into it as well. If I bet sports anymore or heard about it. So would anyone else claiming theyre a 'value' bettor.

What about 15 or so years ago ( the Bartman year) when Arizona was +10000 to win the pennant and +25000 to win the world series with about 65 games to go and only out of the play offs by a single game? Bad line? Lucky guess? That was my biggest score ever in sports betting. Posted on every forum I posted at, with screen shots of tickets from every book in Vegas. The other team Phi was +300 or some stupid shit.

People can cite 'bad lines' all they want but no one knows really because at best all they have to go by is an 'industry norm' which is based off some make believe algorithm that doesnt have a lot of credibility to me. But to a lot of people because THATS what betting is, thinking YOUR reasons for a team to win or lose based on whatever format outweighs the handicap or is worth the odds/pay out as posted by a sports book. Back before computers and homogenization of sportsbetting as a whole you would HABITUALLY see baseball games on a grease board with 40-50 cent differences in price at various sports books. SO much that you could walk around with 40-50K in your pocket and get 15-20 cents scalps without even trying. Were all those game 'bad lines' were these books 'stupid'? No they had in house odds makers or guys they knew giving them numbers and then they would move them based on bets they had taken. Sure there were occasional phone calls asking what each place had but when its hectic there is no time.

Shoe is on the other foot guy misses the FG do these guys get a refund on a 'bad line' ticket? Of course not. Because of the 'as written' rule as well as the books claiming what they need to claim to weasel their way out of paying. What do you think the vig was on those bets? I imagine these guys are getting 8-10 holds on most of their live odds anyway. Which is criminal to begin with. But degenerates will pay anything to bet 'legally' I guess

People still siding with these thieves and crooks is laughable.

Tony at 5 dimes one of the biggest scum bags ever but is obviously a hero to many here. Says a lot I guess.

 

[ejd_5277]

Nevada has a rule. All tickets go as written. And because of it, "Bad lines" are extremely rare, because the books are strongly incentivized to avoid them. That's the way it should be everywhere, and hopefully any State/US Regulation of the industry will follow Nevada's model.

100,000% this.

i mentioned in another post that in the absence of such a rule we start going down a very slippery slope... what then is to stop a book from arbitrarily cancelling any wager that they were going to take a bath in because happened to have super-unbalanced action on it?

i hope none of the people here accusing this guy of taking a shot are the same folks bitching and moaning when their offshore pulls shady shit on them....

 

[absolutvodka999]

not sure why people act like this is something new, or sets some sort of new precedent. tickets have gone as written for decades in nevada, and books have thrived and havent moved from standard -110 pricing. fanduel are idiots for not having a manual approval threshold at certain odds or on payouts over certain amounts. end of story