A New Jersey man will get his full $82,000 payout on a disputed $110 sports bet. Several other gamblers who made similar bets at wildly inflated odds will also be paid in full, FanDuel said Thursday.
APNewsBreak: Upon further review, NJ man getting paid – big time. FanDuel reverses field, agrees to pay disputed $82K bet from computer-generated error. 11 others who also got screwy odds also will have their tickets honored https://t.co/YIpGF66wAp
— Wayne Parry (@WayneParryAC) September 20, 2018
The company initially refused to pay the bet placed at its sports book at the Meadowlands Racetrack, saying it isn’t obligated to pay for obvious errors. But FanDuel reversed field after consulting with state gambling regulators.
FanDuel Won't Make Big Payout Due to Line Error https://t.co/iRD6vEbVal
— SportsGossip.com (@sportsgossip) September 19, 2018
“Above all else, sports betting is supposed to be fun,” the company said in a statement Thursday. “As a result of a pricing error this weekend, it wasn’t for some of our customers.”
FanDuel says its system should have calculated his odds at 1-6, meaning a bettor would have to wager $600 in order to win $100. The company said a 36-yard field goal itself has an 85 percent chance of success.
Smart move by Fanduel. With the daily fantasy companies trying to pivot to sportsbooks, this was definitely the right play call.