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.
Just wow. FanDuel better make this right. Or regulators need to compel them to. You can't not pay someone because of a self-described glitch. This is not how regulated sports betting works. https://t.co/20zedW7bNp
— Dustin Gouker (@DustinGouker) September 18, 2018
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.
FanDuel attempted to update the live betting odds to reflect Denver as a -600 favorite. However, according to the company, an error in the live-odds feed caused the Broncos to be posted as 750-1 (+75,000) underdogs to win the game.
Prince went to the counter, bet on the Broncos at the erroneous 750-1 odds and received a ticket that showed a potential payout of $82,610. At the correct odds of -600, he would have won a net $18.35.
Looks like this is now a thing.
2 more bettors claim FanDuel won’t pay out on sports bets #NJTonight https://t.co/2ZpNXOlNUV
— News12NJ (@News12NJ) September 18, 2018