Man says FanDuel Sportsbook won’t pay out large bet

[PatsFan1283]

Is there really that much good pub to be gained from this? It's not the last mistake they're going to make either. So now they just pay out 80k every time they fuck up? Doubt it.

Are there that many people out there that see this guy shot an angle and want to see him get paid? I could see if he bet a +500 that was supposed to be +250 but he tried to shoot an angle for 80k, who cares if he gets paid?

Also, they own a suite and offer game suite passes to a lot of people. I get those offers from DK all the time. Don't think that is indicative of any trepidation about the situation on their part.

 

[PatsFan1283]

I had a local that would post points/rebounds props for NBA and he would sometimes post the rebound prop as the points prop by accident.

Bet it for the max a few times, he said wtf are you doing? In a related story, I don't have any money from those bets.

 

[CHOPTALK]

I initially thought the guy was a newbie idiot and should have taken the deal. But maybe the fact that he has an actual printed ticket and the publicity this has generated will actual lead to him getting paid. I'd put it near 1-5% chance of getting paid where my initial reaction was he has 0% chance of ever getting paid. Fanduel/Draftkings make $$ hand over fist so maybe they'll eventually think the publicity from paying him will be worth it in the long run. I can't blame him if he's new and they're offering 3 game suite passes, I'd probably think maybe this has a shot at being paid out if they're offering me that kind of deal.

No way man they cant stand down on this.

This would set a precedent.

He has exactly zero chance of getting paid.

 

[Betallsports]

a bad line has always been a Bad line

no way the guy should get paid the $82K

this isn't like the true lines was -600, vs. +600, it was -600 vs. +75,000 !!

 

[HacheMan]

Being experienced in the hobby, we all know the line posted was a mistake.

But so many things come into play here like rules, honor, bad timing, and the long term results of this.

2 posters above make good points.

One says it's pocket change to Fanduel & that it's in the best interest to go ahead & pay it.

The other guy says they cant because then it sets them up having to do so in the future.

Both are correct.

All i can say is this is all just getting started, states & the AGA are trying to stage off federal legislation, and something like this happens to make it all look bad

The sports betting world can thank Fanduel for screwing up & putting it all in the spotlight.

I think they should have paid just this one time to keep it out of the news.

 

[CHOPTALK]

Being experienced in the hobby, we all know the line posted was a mistake.

But so many things come into play here like rules, honor, bad timing, and the long term results of this.

2 posters above make good points.

One says it's pocket change ti Fanduel & that it's in the best interest to go ahead & pay it.

The other guy says they cant because then it sets them up having to do so in the future.



Both are correct.

All i can say is this is all just getting started, states & the AGA are trying to stage off federal legislation, and something like thus happens to make it all look bad

The sports betting world can thank Fanduel for screwing up & putting it all in the spotlight, and eventual federal legislation.

I think they should have paid just this one time to keep it out of the news.

I bet things like this happen in vegas every single week but it dont even make the news.
Only reason we are hearing about this is because new jersey is new to sports betting and you have people writing click bait stories to get everyone fired up.


Honestly this story should have never even made the news

 

[CHOPTALK]

It would be like me making the same bet at book maker and then calling SBR and telling them that A+ Bookmaker refused to pay me 80000$.

They would laugh at me and not even report it.

 

[HacheMan]

I bet things like this happen in vegas every single week but it dont even make the news.
Only reason we are hearing about this is because new jersey is new to sports betting and you have people writing click bait stories to get everyone fired up.


Honestly this story should have never even made the news

But it's not the same.

PASPA just got struck down.

This is something states have battled for.

Now, right off the bat, bam, a story of a bettor not getting paid $80,000 makes the headlines.

There are 2 senators right now trying to set up meetings to create Federal Legislation.

States don't want it and the American Gaming Association just the other day told those senators that it is not needed.

The most important thing to understand is these politicians aren't educated on sports betting like we are.

All they see is a lot of controversy here.

It's bad...bad...BAD...exposure & timing

Fanduel should have took one for the team here.

 

[pete7713]

it is actually against the law to charge $49.99 in that case....look it up. A store cannot have a price sticker on an item and then when you try to buy it tell you it was an error and charge you a higher price, that is illegal!

[h=3]Mistakes Happen[/h]In general, there's no law that requires companies to honor an advertised price if that price is wrong. Typographical errors, miscommunication and other glitches can result in items being offered at what appear to be deep discounts -- discounts that would be ruinous for the company if it were forced to honor them. Laws against false or deceptive advertising require an intent to deceive on the part of the advertiser. If a company can demonstrate that an advertised price was simply a mistake, then it's not false advertising. Still, if the mistake isn't too big, it may be in the company's best interest to honor the advertised price rather than anger so many potential customers

 

[Cheddar]

Just read that Fanduel made $3 million in the first month

 

[HacheMan]

Mistakes Happen

In general, there's no law that requires companies to honor an advertised price if that price is wrong. Typographical errors, miscommunication and other glitches can result in items being offered at what appear to be deep discounts -- discounts that would be ruinous for the company if it were forced to honor them. Laws against false or deceptive advertising require an intent to deceive on the part of the advertiser. If a company can demonstrate that an advertised price was simply a mistake, then it's not false advertising. Still, if the mistake isn't too big, it may be in the company's best interest to honor the advertised price rather than anger so many potential customers

Some companies still acknowledge their mistake and honor what was advertised/offered

 

[PatsFan1283]

Hache I think you overrate the severity of the bad PR because you're in the gambling world and tuned into news on the subject.

A supreme court nominee is currently getting jammed up on sexual assault charges for 40 years ago. No one cares about this. It'll be over in a few days.

 

[CHOPTALK]

But it's not the same.

PASPA just got struck down.

This is something states have battled for.

Now, right off the bat, bam, a story of a bettor not getting paid $80,000 makes the headlines.

There are 2 senators right now trying to set up meetings to create Federal Legislation.

States don't want it and the American Gaming Association just the other day told those senators that it is not needed.

The most important thing to understand is these politicians aren't educated on sports betting like we are.

All they see is a lot of controversy here.

It's bad...bad...BAD...exposure & timing

Fanduel should have took one for the team here.

So the new kid on the block Fandual should take one for the team you say?

That would be a great first impression that would go over well with the old guard.

Handing someone 80k for free is the opposite of taking one for the team.

They taking one for the team right now by not paying it.

Bad lines happen with live betting.

It happens every single day offshore and land.

It will always happen.

It is exactly 100% impossible to avoid it.

Only difference is you had a clown that is trying to make a scene over a non issue.

And you have writers and hacks who know nothing about the subject more then willing to give him a pulpit.

I promise you this stuff happens practically every week in vegas, but they dont have anyone dumb enough to write about it in vegas.

 

[CHOPTALK]

You guys have to stop letting all this sensational writing get to you.


You remember the story from like 4 weeks ago that had a big headline "FanDual refuses to pay the baseball game because the Sports book closed before the game ended.

Can you really believe how that even made the news?


That story got so blown up people were saying that fandual did not even have the money to pay the bet.

And yet people eat this stuff up.


How did people become so easily influenced over nothing?


Did people forget how to think?

 

[PatsFan1283]

I don't even get why people wanna see someone like that get paid. The guys a loser that gives gamblers a bad name and perpetuates every negative stereotype about gamblers being unethical and seedy angle shooters.

 

[CHOPTALK]

I could possibly understand Joe Blow who does not follow sports and never making a bet in is life reading a story like this and being confused and mislead.


But come on guys. Most of you have been betting for decades. You should be better then this.

 

[HacheMan]

Pats some politicians have already been talking about federal regulation, which means it does matter to them.

If you believe that they haven't seen this story & it doesn't affect their thinking even more so, them I'm not sure what else to say.


Chop I totally get it.
We all do.

But again, this isn't Vegas.

This is legalized sports betting across the nation that just got rolling.

How anyone can not understand that this is extremely bad timing and an eyesore for something that has always been perceived to be taboo anyhow by many, is mind boggling.

 

[PatsFan1283]

Politicians say tons of dumb shit when they think it is worth doing so.

Federal regulation is not an easy thing to pass. Congress can't get anything done.

I wouldn't worry about it too much.

 

[HacheMan]

To be honest I'm not worried about it.

I've always said that the same rules across the board for all makes the most sense to me.

But they want nonsense like the leagues getting compenstaed in various ways, which I don't agree with.

 

[PatsFan1283]

You just gotta take into account more how the news cycle works in 2018. Something is a HUGE deal for 3 days then goes away,

Nike put Kaepernick on a commercial and he's so toxic that no NFL team will sign him. That was 2 weeks go and now it honestly feels like 2 months ago.

Stuff fades fast.