{"id":88721,"date":"2018-09-21T06:00:07","date_gmt":"2018-09-21T13:00:07","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=88721"},"modified":"2018-09-21T07:48:47","modified_gmt":"2018-09-21T14:48:47","slug":"fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/","title":{"rendered":"FanDuel Backs Down, Will Pay Full Value on $82K Ticket Despite Error"},"content":{"rendered":"

FanDuel has reversed course and now says it will pay the $82,000 claimed by a bettor who received erroneous odds on a bet placed near the end of Sunday\u2019s game between the Denver Broncos and the Oakland Raiders.<\/p>\n

\"FanDuel
FanDuel agreed to pay a dozen winning tickets that received erroneous odds before Brandon McManus of the Denver Broncos kicked a game-winning field goal against the Oakland Raiders on Sunday. (Image: Justin Edmonds\/Getty)<\/figcaption><\/figure>\n

The bet, which was placed at the FanDuel Sportsbook at the Meadowlands Racetrack in New Jersey<\/a>, came with about a minute left in the game, when the Broncos had the ball but were trailing 19-17 to the Raiders.<\/p>\n

A Price Too Good to Believe<\/strong><\/h2>\n

Anthony Prince of Newark took that opportunity to bet $110 on Denver to come back and win the game. When his ticket was printed, he was offered odds of 750\/1 \u2013 an astronomical sum, considering that the Broncos had an excellent chance to kick a field goal to take the lead.<\/p>\n

In fact, that\u2019s exactly what happened, as Denver\u2019s Brandon McManus kicked a game-winning field goal to give the Broncos a 20-19 victory. But when Prince attempted to cash his ticket, sportsbook personnel refused to pay the sum<\/a>, saying that the odds were clearly in error. According to Prince, FanDuel offered to pay him around $500 and give him tickets to three New York Giants games to make up for the error, but he declined the offer.<\/p>\n

In the immediate aftermath of the incident, FanDuel stuck to its guns, saying that the correct odds on the Broncos should have been -600 \u2013 meaning that Prince would have won $18.35 on his bet.<\/p>\n

\u201cA small number of bets were made at the erroneous price over an 18-second period,\u201d FanDuel said in a statement. \u201cWe honored all such bets on the Broncos to win the game at the accurate market price in accordance with our house rules and industry practice, which specifically address such obvious pricing errors. We have reached out to all impacted customers and apologized for the error.\u201d<\/p>\n

FanDuel: \u2018This One\u2019s on the House\u2019<\/strong><\/h2>\n

But on Thursday, FanDuel backed down from that stance, saying they would pay all impacted customers in full.<\/p>\n

\u201cAbove all else, sports betting is supposed to be fun,\u201d FanDuel said in a statement released Thursday. \u201cAs a result of a pricing error this weekend, it wasn\u2019t for some of our customers.\u201d<\/p>\n

While FanDuel pointed out that the odds that Prince and 11 other customers took advantage of were \u201cvery obviously a pricing error,\u201d they agreed to resolve the issue in favor of the bettors. The operator said it will also give away another $82,000 this weekend, adding $1,000 to each of 82 randomly selected customer accounts.<\/p>\n

\u201cWe want sports betting to be fun. So, this one\u2019s on the house,\u201d the statement read. \u201cWe are paying out these erroneous tickets and wish the lucky customers well.\u201d<\/p><\/blockquote>\n

The decision to pay the tickets came after FanDuel officials consulted with New Jersey gambling regulators. Those same regulators said they were \u201cencouraged\u201d by the decision.<\/p>\n

\u201cThe division will continue to work with FanDuel and the state\u2019s other licensed sports wagering operators to ensure the implementation of industry-wide best practices,\u201d said New Jersey Division of Gaming Enforcement spokesperson Kerry Langan.<\/p>\n

Under New Jersey sports betting regulations, operators are not permitted to \u201cunilaterally rescind any wager \u2026 without the prior approval of the Division.\u201d Similar rules exist in Nevada, where bookmakers must contact the state\u2019s Gaming Control Board to investigate the matter before resolving erroneous bets.<\/p>\n","protected":false},"excerpt":{"rendered":"

FanDuel has reversed course and now says it will pay the $82,000 claimed by a bettor who received erroneous odds on a bet placed near the end of Sunday\u2019s game between the Denver Broncos and the Oakland Raiders. The bet, which was placed at the FanDuel Sportsbook at the Meadowlands Racetrack in New Jersey, came […]<\/p>\n","protected":false},"author":42,"featured_media":88723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,13592,16,1074],"tags":[],"acf":[],"yoast_head":"\nFanDuel Backs Down, Will Pay Full Value on $82K Ticket Despite Error<\/title>\n<meta name=\"description\" content=\"FanDuel backed down from its decision not to pay the full value of 12 in-play tickets that offered 750\/1 odds on the Denver Broncos, saying that \u201csports betting is supposed to be fun.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FanDuel Backs Down, Will Pay Full Value on $82K Ticket Despite Error\" \/>\n<meta property=\"og:description\" content=\"FanDuel backed down from its decision not to pay the full value of 12 in-play tickets that offered 750\/1 odds on the Denver Broncos, saying that \u201csports betting is supposed to be fun.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-21T13:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-09-21T14:48:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Brandon-McManus-FanDuel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/\",\"url\":\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/\",\"name\":\"FanDuel Backs Down, Will Pay Full Value on $82K Ticket Despite Error\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Brandon-McManus-FanDuel.jpg\",\"datePublished\":\"2018-09-21T13:00:07+00:00\",\"dateModified\":\"2018-09-21T14:48:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"FanDuel backed down from its decision not to pay the full value of 12 in-play tickets that offered 750\/1 odds on the Denver Broncos, saying that \u201csports betting is supposed to be fun.\u201d\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/fanduel-backs-down-will-pay-full-value-on-82k-ticket-despite-error\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Brandon-McManus-FanDuel.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Brandon-McManus-FanDuel.jpg\",\"width\":1200,\"height\":800,\"caption\":\"FanDuel agreed to pay a dozen winning tickets that received erroneous odds before Brandon McManus of the Denver Broncos kicked a game-winning field goal against the Oakland Raiders on Sunday. 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