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BetMGM Cancels $214,500 Winning World Cup Bets Due to “Obvious Error with Odds”

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KingKolzig

KingKolzig

Joined
Nov 8, 2021
Messages
6,606
3 points difference isn't the same as winning $200k on a +6600 that should've been -2000

yes i would accept someone not paying off a wager when the counterparty is a lying thief about it

no business would survive if they let people scam them like this and get away with it on every technicality
plus it could have been some meathead employee fuking up. or even worse a dirty employee
 

BigJay

BigJay

Joined
Oct 28, 2021
Messages
11,339
If someone makes a large personal wager with someone, and the other person is not in position to check odds, yet they agree to the bet and gave you 3pts more than what the odds are listed and they don't find out until midgame, would you accept the person telling you they aren't honoring the bet between you two because the actual odds weren't what you agreed to?
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Tanko

Tanko

Joined
Oct 27, 2021
Messages
40,113
The guy had to know those lines were FUBAR. Sure MGM is responsible for the screwup but no way could the actually think the lines he got were valid. He was taking a risk hoping it would pan out.

MGM did what they should have done and voided the bets.


BUT, having said that, I'm betting if it lost they would have kept it. He would have had no recourse in that situation. Its said that this is a one way street but those are the T&Cs we all agree to when joining a book.
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
40,113
On a side note....
This story is a great example of all of the clueless rookie sports bettors now in that states with legalizaton

You have a bunch of casual fans and Fantasy Sports Fans making the dive into sports betting and have much to learn

Social media is flooded with wannabes
I'm glad this made the press. It shows domestic books make mistakes just like off-shore.
 
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