What do you think? -https://www.wusa9.com/article/sports/betmgm-doesnt-honor-214k-win-obvious-error/65-e6460489-478f-47d4-8f65-393bfd21b66e?fbclid=IwAR2saGvrg5KirDrZYS3Yt0uwfmKExR9QNEahZCtgaJKNJ2srrC0TYNxYZvw
What do you think? -https://www.wusa9.com/article/sports/betmgm-doesnt-honor-214k-win-obvious-error/65-e6460489-478f-47d4-8f65-393bfd21b66e?fbclid=IwAR2saGvrg5KirDrZYS3Yt0uwfmKExR9QNEahZCtgaJKNJ2srrC0TYNxYZvw
I'm sure there's a clause on Line 37 of the BetMGM signup agreement that allows this to occur. That said, the bettor says that he won 214K, and there's no way to verify that. I smell a rat. Why on earth would the odds have been that high? Both teams had qualified. I can't think of ANY major sporting event where one team would be a 66 to 1 favorite.
So my take is that if those odds were ever expressed on BetMGM's website, it was a legitimate error, and as I said above, the player-website agreement covers it. BetMGM had the right to void the bet.
Furthermore, the player, unless he's as dumb as a box of rocks, should have realized something was wrong with the odds that were being offered. It's as if I logged onto BetMGM and found that the Dallas Cowboys were 60-point underdogs. Would/should I bet, or assume something was wrong and at least ask their customer service about it?
Anything that looks too good to be true probably is.
The man who placed the bets did everything correctly - it is BetMGM who made the mistake. BetMGM took the bets and acknowledged that he had won. Then hours later, after the beancounters got involved, BetMGM renegged on paying the man his rightful winnings with a lame excuse. This should go to court, with the result that this man gets paid his winnings, plus court costs and lawyers fees.
Originally posted by: David Miller
The man who placed the bets did everything correctly - it is BetMGM who made the mistake. BetMGM took the bets and acknowledged that he had won. Then hours later, after the beancounters got involved, BetMGM renegged on paying the man his rightful winnings with a lame excuse. This should go to court, with the result that this man gets paid his winnings, plus court costs and lawyers fees.
The BetMGM contract that all players electronically sign allows them to void wagers in situations like this. Whether they "should" is irrelevant if you sign the contract.
And it's "reneged."