After a brief bit of outrage on X, bet365 has decided to pay up.
The story: Bettors had wagers on Jordan Mason, the San Francisco 49ers backup running back, to go over 13.5 yards at -110. Some of these bets were placed well before the shock announcement last night that all-world running back Christian McCaffrey would be sitting out the game due to a lingering calf injury.
But some of the bets were placed – and accepted – in the moments after the news trickled out.
Apparently, bet365 was none too pleased with the bet they offered, and so – after the game was over – sent messages to bettors, saying there was an error, and the bets would be paid out, but not at -110.
They’d be paid out at -5000.
So… Bet365 is just changing odds after they get caught in a poor position following an injury?
That’s fucked up…
“Incorrect odds” 😂
These odds were out wayyyy before the injury occurred. pic.twitter.com/HKRrNQytzL
— Matt Williams (@MattWi77iams) September 10, 2024
“So… Bet365 is just changing odds after they get caught in a poor position following an injury?” wrote Matt Williams on X, one of the bettors affected. “That’s {expletive}ed up.”
There was predictable outrage on the social media site, including one user who pointed out bet365 had to refund more than $500,000 to New Jersey bettors this summer for paying out less than the winners were entitled to, claiming the odds the company posted were in “obvious error.”
In the end, though, bet365 seemed to come to their collective senses and pay out the Mason bet as originally advertised.
SETTLEMENT UPDATE:
Jordan Mason – Over 13.5 Player Rushing Yards (NY Jets @ SF 49ers)
Please be aware that all bets on this market have settled at the odds taken when the bet was placed.
We apologize for any confusion caused in the settlement of this market.
— bet365 US (@bet365_us) September 10, 2024
“We apologize for any confusion caused in the settlement of this market,” the company posted on X.
But … all’s not copacetic, at least for Williams, who works with VSiN.
His -110 wager for $110 dollars paid out … $201.93.
Cont…
For the record, this is STILL the not the full amount that is owed. It’s close.
I sent a follow up message, but this is likely the best we are going to do.
— Matt Williams (@MattWi77iams) September 10, 2024
“I sent a follow up message, but this is likely the best we are going to do,” he noted on X.
