Home » Sportsbet AFL Odds “Errors” Causes Payment in Millions for Mix-up
Sports Betting

Sportsbet AFL Odds “Errors” Causes Payment in Millions for Mix-up

Sportsbet may be the Australian betting giant, but it makes mistakes. Now it must pay up. Millions are at stake for an odds mix-up.
Bets were cancelled due to odds “errors” and the local gambling regular is demanding the entity to honor all wages made on the Australian Football League (AFL) games in May.

No matter that Sportsbet is claiming the odds given were errors.

Here is what happened: Sportsbet accepted bets that no player would make 40 or more disposals in round-10 AFL matches.

Despite this good news, it then cancelled all bets. Punters were forced to believe that this was within Sportsbet’s rights. Apparently not!
The Northern Territory Racing Commission (NTRC) has another view on the problem after careful investigation.

The ruling states that while the odds were certainly offered in error, the mistake was not clear to customers, even those with a reasonable knowledge of betting and of the sport of AFL.

The final determination of the NTRC was that Sportsbet would have to pay in the realm of AUS$9m according to media sources.

At Sportsbet, a spokesman declared,

“We acknowledge the NT Commission’s determination today and we will be topping up the accounts of the affected customers as soon as possible.”

Source: https://www.igamingbusiness.com/news/sportsbet-ordered-pay-after-afl-odds-errors

Tags

About the author

Carol Kay

Carol Kay

Carol Kay is an American editor and writer living in California with a background in business and finance, health and fitness and popular culture. She is the author of numerous books and articles on a variety of subjects. She is dedicated to disseminating information of public import on the internet.

Add Comment

Click here to post a comment

The following GDPR rules must be read and accepted:
This form collects your name, email and content so that we can keep track of the comments placed on the website. For more info check our privacy policy where you will get more info on where, how and why we store your data.