Once the story got around, the debates began on whether or not the players should get paid. If they did, what should happen to them going forward? And generally, if going to town on an obvious unintentionally available group of wagers was crossing the line. <\/p>\n\n\n\n
I’ll state right away that it’s clearly taking a shot at the book and that once you get into an area like past-posting, the gloves are off on both sides. Getting paid will be up to Gaming and in my estimation, they’ll get paid, due primarily to some factors that can’t be reconciled fairly otherwise –specifically, the other tickets out there that were bet, both winners and losers. Some have been cashed while the uncashed tickets are locked out and that’s going to be a problem. As for the losing tickets, how do you resolve that if Gaming rules that the games in question are somehow no action? It will be amusing to see how they justify whatever decision is made.<\/p>\n\n\n\n
What was really interesting was the variation in stances being taken by the betting public. Many have wagered primarily online and may not be familiar with exactly what the books can do to a bettor that exploits such a mistake. A percentage of folks were adamant that BetMGM deserves what it gets and should have to pay for its mistake. That’s all well and good, and I have no real pity for any arm of a casino, but is it really the smart move to sock it to a book that throws up a typo line or an incorrect start time?<\/p>\n\n\n\n
As an advantage bettor, you spend a lot of time looking for inefficiencies and opportunities where the books are asleep at the wheel. This goes beyond that. In this case, the book had a manual malfunction. They just plain screwed up. The question is whether the potential gain is worth the potential consequences. It appears some bettors didn’t work that into the equation, and maybe they should have.<\/p>\n\n\n\n
=======================<\/p>\n\n\n\n
The Problem With Betting Sports Book Errors<\/strong><\/p>\n\n\n\n Once you begin to get comfortable monitoring the market and keeping tabs on what your books have on the board, you’ll inevitably see mistakes being made on occasion. Under normal circumstances. a difference in lines between books is what you\u2019re looking for as you try to find a bet-worthy outlier. That\u2019s not what a mistake or error line is. An error line is something unintentionally available due to some mistake on the book’s part when posting the game lines.<\/p>\n\n\n\n \u00a0The two most common mistakes you\u2019ll find are an upside-down number and an alignment error.\u00a0<\/p>\n\n\n\n \u00a0An upside-down number is a game where the favorite is listed with the line for the dog and vice versa. In this instance, you\u2019ll be getting the favorite at plus money or plus points if you try to bet it. This happens most often when the favorite is the road team. Due to home teams being the favorites the majority of the time, this is a fairly common mistake: A book has a line of -10 points that must be input and it mistakenly puts that number on the bottom team just as it probably had for a long string of games that came before it on the schedule.\u00a0<\/p>\n\n\n\n An alignment error occurs when the book is inputting the lines for a slate of games and inadvertently skips over either the listed teams or the line for a game. What results is two teams displaying the line that goes with the game either above or below it on the schedule. This happens when the game lines first go up and can\u00a0go unnoticed for a while when the teams involved are a bit under the radar. An alignment error that stays on the board for any stretch of time is more likely to involve teams like Kent St\/Ohio U than it would for Falcons\/Saints. A line of +13 just wouldn\u2019t jump off the page the same way in the college MAC game as it would for one in the NFC South.<\/p>\n\n\n\n A third type of error doesn\u2019t involve the line. Instead it\u2019s what we’re talking about this week. A goof on the start time of the game. This can happen due to simple human error or because of a time change that went unnoticed. Wrong start times go both ways. A game may go off the board hours before it starts or it can remain open for betting well after it\u2019s begun. Obviously, the latter is where the big problems lie for the sports book. A game left up after it\u2019s begun might get bet by mistake or intentionally by a bettor. If the past-post bets are intentional, they\u2019ll often be made in a manner that’s unlike the normal action the player usually gives. Bets will often be bigger or spread out among parlays. It’s pretty obvious that the player knows the game started when the manner in which the game was bet is examined and compared vs. his past account activity. With live bets, there may be no account to refer to. but the player still has to deal with the uncomfortable task of trying to cash the ticket. How you go about that could be a whole separate discussion.<\/p>\n\n\n\n That\u2019s pretty much where the positive news for the bettor ends. Even if a book is obligated to pay on one of these tickets, the end result can still be overwhelmingly negative. You\u2019ll almost certainly be unable to bet with that book going forward. What\u2019s worse is other books may catch wind of your willingness to exploit an error and decide they don\u2019t want you betting with them as well. You might get paid but you\u2019re losing valuable resources in the process and that\u2019s not good.<\/p>\n\n\n\n That\u2019s not the end of the bad news regarding error-line bets. If a book notices the bets are fishy, it can turn the tables and freeroll the bettor, especially in less regulated venues and certainly offshore. The book may wait until the game has concluded or has a decisive decision in progress before it cancels the bets or lets them stand depending on which decision suits them best. It\u2019s tough to complain if a bet gets canceled due to an error line and even tougher to object if the bet is allowed to stand. You can easily find yourself in a can\u2019t win situation.<\/p>\n\n\n\n Whether you have an ethical problem or not with making these types of bets is almost irrelevant. The negatives outweigh the positives the majority of the time and you\u2019re almost always better served by ignoring error lines or notifying the book of the screw-up. They may say thanks for the heads up and make a note that you informed them — or your gesture may go without much, if any, recognition. Either way, you\u2019re going to be better off in the long run by taking a pass on betting egregious line errors. The majority of the time, the party that ends up getting the short end of the deal is the bettor. Last week a story broke detailing a botched start time for a group of South Korean baseball games that were scheduled to begin after midnite. The main line services had the time right but one group of books got it wrong. It had the games starting much later, and as a result bettors, still up […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[2],"tags":[265,776,1068,1202,2007],"yoast_head":"\n
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