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For one New Jersey bettor, the Denver Broncos were a long shot too good to be true. New Jersey bookmaker FanDuel declined to honor a $110 bet on the Broncos on Sunday that would have paid more than $82,000, due to an error in the oddsmaking process, the company said. "The wager in question involved an obvious pricing error inadvertently generated by our in-game pricing system," a FanDuel spokesperson said in a statement. The bettor, who identified himself to News 12 New Jersey as Anthony Prince, placed the wager over the counter at the sportsbook at the Meadowlands Racetrack with Denver trailing the Oakland Raiders 19-17 late in the fourth quarter. |
But why should they torture the poor kid with Giants tickets?
This...
If you mistook a $25 chip for a $100 chip and said you made a mistake on the blackjack table, the dealer would laugh his ass of.
They should have honored the bet or at least offered a better package then what they did to rectify it.
Unless there is some type of disclaimer on the ticket that memorialized the wager FanDuel is most likely fully to the terms of the wager.
The only issue now, if there is no disclaimer, is where the guy has to bring his claim.
Since there is most likely an arbitration clause on the ticket/reciept, the guy probably waived his right to go to court. That means that the guy will have to file for arbitration, pay the arbitrator a fee to hear the case and wait for an award.
Arbitrators awards are not self enforcing so, if the arbitrator rules in the guys favor and FanDuel refuses to pay up, the guy will have to go to court to enforce the award.
All this litigation is going to be very expensive. Since contract damages are limited, and punitive damages are not available, it might be better for this guy to reach some sort of settlement.
The same way people hit slot jackpots and don’t get their money due to error.
Nah, that would set a bad precedent IMO. I'm sure this won't be the last time they make an error or have a computer glitch. What if next time it's $820K? Bettors can then say well you paid off last time there was an error so pay now too.
I look at this similar to a bank error. If somehow money mistakenly shows up in your account, you don't get to keep it.
How is that similar? If the price mistake had been the other way around (if they had charged the buyer much more than the actual retail price), he'd have some recourse.
Had this person lost the bet, they'd keep the money just the same.
Seems like an extremely shitty policy to be able to change the odds on something after the event has been decided. If the mistake were obvious enough, maybe (like a million to one), but in this case it just seems like whenever it suits them they can claim there was a pricing error.
I'm OK with the casino not having to pay so long as such cases are regulated and documented by the proper regulating bodies. The casino should have to justify to this regulating body how the error occurred and how it's been rectified. There needs to be a certain level of transparency going on here. The casino should also be subjected to fines should this become a regular occurrence.