FanDuel Cites Computer Problem by Revoking Game Winnings From Broncos-Raiders Game



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For every action, there is an equal and opposite reaction – apparently, even in the game.

While one player pocketed more than $ 80,000 on a $ 5 bet on weekends, similar payments are withheld from New Jersey players because of what FanDuel calls an error.

Two Jersey parties that have bets on more than 75,000 chances for the Denver Broncos to beat the Oakland Raiders at 1:10, have received more than $ 138,000 from FanDuel SportsBook after the Broncos kicker Brandon McManus shared the second round 20-19 victory.

FanDuel accuses a computer problem

Except that FanDuel canceled the payments, suggesting that they were the result of an 18-second problem:

"The bet in question implied an obvious price error inadvertently generated by our pricing system at stake," said Kevin Hennessy, advertising director of FanDuel in a statement. "Specifically, towards the end of the Sunday afternoon game between the Denver Broncos and the Oakland Raiders, the odds of winning for the Broncos (who had the ball and were at two points) were +340 (bet $ 100 to win). $ 340)

"The next game, the Broncos completed a 26-yard pass to position themselves for a 36-yard effort to take the lead in the final seconds of the fourth quarter, clearly positioning the Broncos as favorites to win. At this point in the game, our system updated the odds and erroneously released a +75,000 prize on the Broncos to win the game (wager $ 100 to win $ 75,000) when the Broncos' chances of winning at that time. were -600 (that is, bet $ 600 to win $ 100).

"A small number of bets were made at the wrong price over a period of 18 seconds. We honored all these Broncos bets to win the match at the exact market price, in accordance with our internal rules and industry practices, which specifically address these obvious price errors.

"We have contacted all the concerned customers and we are sorry for this mistake."

At least three players showed up

Anthony Prince appeared for the first time at News 12 in East Rutherford, New Jersey. When he went to get a $ 82,610 payout on his $ 110 wager at Meadowlands, the cashier refused to honor the bet. According to Prince, they finally gave him $ 500 and skybox seats for three games of the New York Giants. He refused, picking up the problem with the New Jersey Gaming Division.

"They said their system had a little problem and they did not have to pay for any problems," Prince told News 12. "The other guy said," You should take what we're doing. give because we do not have to give you [anything] at all. I said, "Wow, for real? The government is imposing it now, so I thought it would be better. You prefer to go to the local bookies now. You are not paid here. "

Similarly, friends Mike Guerriero and Chris Calcano told News 12 that they received $ 56,325 in their FanDuel account Sunday after making the same bet of more than 75,000 online. Monday morning, FanDuel had canceled the payment, replacing it with a tiny return on the revised odds of minus 600.

The gambling commission

It seems that FanDuel should honor the bets they have accepted and take steps to ensure that real-time bets are not subject to problems that can be revoked without notice after the fact. The question I would like to ask is this: has FanDuel taken steps to correct past problems that might have worked in their favor?

New Jersey legalized sports gambling in June after a Supreme Court decision granted states authority. According to News 12, the state gaming commission is investigating these incidents.

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