My OFFICIAL RULING on BetCBS--by FISHHEAD

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I have taken in all the facts on this case and have taken my time to voice my opinion and gather my thoughts on what has transpired here. I have not made any comments in any public forum. This is the first one. Like I said, I have only gathered the facts which were presented to me in all the various forums on the internet and have not had any direct contact with the parties involved so view my ruling with a grain of salt if you so desire.
As most of you know, I have been betting offshore basically since its inception and am with... or have been with over 100 sportsbooks to date. What many of you may not know, is that I worked in various sporstbooks in Las Vegas as a managerial/supervisor/oddsmaker/writer/cashier/computor admin/etc/etc for over 9 years as well as placing a wager in every sportsbook in Vegas known to man. Having said all of that, I feel that I owe the people at this site my opinion.
Well, first off let me say that I am a player at BetCBS currently but in a much smaller capacity than awhile back. Not for any reason, just have found my money works better for me at other books currently. I have found BetCBS to be an outstanding book while I have played with them. I have always rated them very highly in my mind and their 5% rebates each week on wins AND loses is fantastic. Never even close to having any problems there and have recommended their book to others on several occasions.
Let me get this out of the way. I got into the business in Las Vegas when legendary Sonny Reizner hired my off the street in the early 80'S. For all of you that know Sonny, you know the wasnt a fairer man in the business than Sonny. I remember the first day Sonny had me in his office at the Castaways for the first time interviewing me for a job. Anybody that has ever worked for Sonny, learned one thing quickly.....TREAT THE CUSTOMER LIKE HE IS ALWAYS RIGHT!. What this meant was treat the customer with respect ALWAYS. Handle the situation in a professional matter. With them thoughts in mind, on to my thoughts on this case.
As is the case in Las Vegas, a BAD LINE that a sportsbook accidently puts up and takes action on, HAS THE RIGHT TO VOID THAT TICKET EVEN THOUGH THE CUSTOMER WALKS OUT THE DOOR WITH TICKET IN HAND! However, this line has to be without question an improper line. For example, if a customer took +9 on a game when they were in reality -9, this ticket would be voided as NO ACTION. This is cut and dry. Each case is different and obviously some cases are very hard to distinguish whether it was a bad line put up a by a sportsbook or a case of a sportsbook being out of whack on an event and thus a completely different line than what other books are offering. Probably the hardest ones to come to a conclusion on this is bets offering MONEYLINES....especially on events that garnish LITTLE action that can cause HEAVY ONE-SIDED action. This is obvioulsly why you will RARELY ever see a sportsbook more than 2 points off on a football game. There is just to many sharps taking back the bad number. I remember once booking a particular Heavyweight Title fight that was not that popular. Most of the city of Vegas had the fight in the -330 come back +270 range. At my particualar place of work we were getting NO DOG ACTION. I could have made the fight -1000 and they would still bet the favorite for limit. I believe at one time I was actually at -520 come back +420 on the fight!....although I was then starting to get small action on the underdog, there were still players laying more on the favorite right up to fight time.
Sportsbooks offshore have big differences quite often in obscure sporting events with high moneylines. It can very difficult at times to determine what is a BAD LINE. In the case of the CBS situation, they obviously had put up a line that they did not want. Was it completely and 100% out of line?? I would venture that most people would say YES. I agree, but one can never know what could prompt a sportsbook to be at on a certain line. On to my personal thoughts. It is the obvious to me that the player involved was taking advantage of a strong line in his favor. One can say that he did a good job shopping and found a good line and bet into a weak number. I agree. To me the player took a nice shot at CBS for putting up a bad number.....a number that wasnt totally out of the realm of possiblity by the way. I believe whole heartedly the statements made by Dave at CBS but feel that he possibly could have handled the situation better. Maybe thinking more along the lines of SONNY would have serverd him better......THE CUSTOMER IS ALWAYS RIGHT thinking. For whatever reason, CBS put up a line that they did not want up that was NOT TOTALLY out of the realm of being a possiblity in todays offshore world. They took the wagers (not large ones at that) and then refused to pay the customer. I strongly feel a sportsbook can refuse service to anyone just like any small business in America. In this case, if I were the manager of CBS, I would have smiled at the customer and gave him kudos for beating us to the punch and pay him off accordingly and admit to him that he got his good. But if Dave felt so unnerved by the betting patterns of this customer, just tell him in a polite and sincere matter that we care not to book your business here at CBS and thank him for his prior play here and wish him nothing but success in his gambling ventures elsewhere. All this after I mentioned to him politely and point out to him exactly why he was able to get such a good line and let him know that we had made a mistake somewhere in putting up this line. I think this is HOW DAVE SHOULD HAVE HANDLED IT because he strongly feels that he doesnt want these type of players at his book. For me personally, I would just try and make sure I stay on top of things and put up solid lines and have someway of curtailing anybody double-triple-etc, popping us on a bad line or any line for that matter.
My conclusion in all of this is that after taking in all the facts is that CBS should have paid the customer in FULL and then take whatever actions Dave felt appropriate. Although I disagree with how Dave handled this particular case, I came away with a CBS garnishing a lot more respect from me in the way DAVE at least tried to do what he felt was right. Just reading his long statement on this issue to me showed an individual that has a lot of passion for this industry and is willing to take the MUCH necessary time to at least explain the situation in a respectful way. Do not mean to sound wishy-washy here but although I think Dave made a somewhat bad decision here, it would certainly not keep me from playing at this book. Take care batheads.
 

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Nice post...very well said Mr. Fishhead. "Bad line" playing is a dicey subject with no easy cut and dried answers. It's nice to espouse as the Shrink did about "You book the bet you pay it" but everyone knows it doesn't work that way in the offshore industry...like it or not (and I would love to have it that way!) I'll bet you all of the books who adverstise on the RX have a "bad line" clause. None of them say if we book it we pay it. I would love to hear from all of the Books who are on the front page at the RX as to how they would have handled a similar situation. I'll bet you some of them would have given this guy ZERO...like Gameday for sure!
 

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Thanks SENDITIN

All of this needs to be handled and judged in a professional matter.
 

It's like sum fucking Beckett play that we're rehe
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Thanks for the history and well thought out post.
 

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In case you forgot, Dave lied in his original explanation for not paying. He said that the tennis matchup was a prop play and should have only had a $200 limit. He took 4 or 5 days to come up with a better excuse, which still wasn't very good.

He's not trying to do what he felt was right. He's trying to steal money from a player AFTER the outcome was decided.

Where I come from, he would be called a thief and a liar.
 

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I agree JJ

I hope Dave comes forward and pays the player....only if he think it is the right thing to do. By doing so, his book will more than make up for it.
 

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Excellent post

FISHHEAD. Your thinking is very similar to mine (just posted in a different thread.) You've been around a long time with an extensive background on both sides of the desk. I know you are well respected by all, and I'm glad to see I'm not alone in my overall thinking regarding the Casablanca issue.
 

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Thanks Ross

Here is a VERY VALID point made by the Plantiff.
In line with what I was saying above.

AREEFF (PLANTIFF)
Certifiably Crazy
posted June 30, 2003 10:20 AM

Ok the -2000/+650 line is COMPLETELY legit. Why? bet365 does this crap all the time. The favorite line is HORRIBLE but if it gets SOO bad (especially in live betting) value will emerge in the dog line.

A great example was bet365s nba futures. They would hang the favorites at ridiculously crappy -175/+150/+225 for futures but you could pickup teams like the nets or pistons at 125% or 150% odds of anywhere else on the net because they wanted dog action. They were not bad lines. It does not make those prices non-legit even though in the case the favorite won.
 

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Srutt,

This is the way I read Dave's repsonse.
They knew 9 players bet on a bad line PRIOR to the match.
They had time to cancel the wagers, and notify by email that the wagers had been cancelled PRIOR to the match
They suspected that among the 9 players who placed bets, at leats some were valued customers that they didn't want to anger. SO for those customrs, they knew they were going to let the wagers stand.
NOw they have a problem. There wasn't sufficicent time to sort out, whihc cusotmers they wnated to keep, and which ones they didn't care about.

Therefore they made a decision, again PRIOR to the match, that win or lose they would honor the wagers form theior good customers, but they were going to screw the others.

Thats what makes Dave a crook. The fact that he interprets the bad line rule to mean, not that your wager will be cancelled, but rather inteprets it to mean that if you bet on a bad line, if you lose, you lose, but a win is a push.

The question you have to ask yourself, is do you really want to entrust your money with someone like Dave.
 

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I agree...but this doesnt make Dave a crook. He just made a bad decision and one that I hope he will change after the opinions of many RESPECTED posters and punters here are agreed upon that he made a wrongful decision.
 

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Marc-
Of the 5 that got paid, were they?...
A) Valued customers
B) Small players with $50 bets
C) Players with Agents that wanted to honor the full +605?
 

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Strut - very strong post sir. I can't (or won't) vouch for many in real life but for what it's worth this is one of the better guys in off-shore. One of the better people you will meet period. Not a bad handicapper either.....
icon_wink.gif


Thanks Strut, good post.
1036316054.gif
 

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Java,

I have no idea. but based off of what Dave said, I'd imagine it was a combination of A and B, and A and C
 

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I am going to the Red Sox game tommorrow with McIRICH....and he obviously is trying to butter me up so I buy the beer. The man should be a movie star.
icon_cool.gif


Thanks for the kudos sir.....the same can be said of you.

PLAY BALL!!
 

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Sportsson had +540.

Here is a list of closing lines? at betbrain. I'm not sure i requested their lines via email and this is what i got back

oddsId matchId dealerId outcome odds robot
8553361 177716 3100202 0 1000000.0 2003-06-23 14:42:58.0
8553360 177716 3100202 1 1.7 2003-06-23 14:42:58.0
8553362 177716 3100202 2 5.5 2003-06-23 14:42:58.0
8561388 177716 3100210 0 1000000.0 2003-06-23 10:49:41.0
8561387 177716 3100210 1 5.2 2003-06-23 10:49:40.0
8561389 177716 3100210 2 1.28 2003-06-23 10:49:41.0
8572757 177716 3100214 0 1000000.0 2003-06-23 11:34:04.0
8572756 177716 3100214 1 4.57 2003-06-23 11:34:04.0
8572758 177716 3100214 2 1.24 2003-06-23 11:34:04.0
8572759 177716 3100215 2 1.325 2003-06-23 11:34:04.0
8567862 177716 3100225 0 1000000.0 2003-06-23 10:50:31.0
8567861 177716 3100225 1 6.4 2003-06-23 10:50:31.0
8567863 177716 3100225 2 1.32 2003-06-23 10:50:31.0
8555278 177716 3100231 0 1000000.0 2003-06-23 11:25:34.0
8557629 177716 3100231 1 5.0 2003-06-23 11:25:34.0
8555280 177716 3100231 2 1.29 2003-06-23 11:25:34.0


dealerId forklaring (internt bookmaker Id) :
dealerId name url
3100202 Betfair http://www.betfair.com/
3100210 Betdaq http://www.betdaq.com
3100214 SwapBets http://www.swapbets.com/
3100225 Betsson http://www.betsson.com
3100231 SportingOptions http://www.sportingoptions.co.uk/SportingOptions
Clearly

8567861 177716 3100225 1 6.4 2003-06-23 10:50:31.0

Had +540(6.4)

This is just more proof that this line was not "a bad line" at all and was not a "shot"

----------------------------------------

Another story.. This guy IMs me telling me there is a scalp of the o1.5. Well i missed it but apparently so many other people hit it it pushed the line to u2 -190 which was an incredibly off line because the o/u on the game was 3.5/4. I took the bet because i knew they wanted dog action because so many people hit the morning over and the line was this way for a reason.

In the end the bet pushed but this line should've been way more than -190 since the u4 was -135 or so for the game. It would've taken 3 goals to lose this bet which is tough in NHL Playoffs. I would've bought this line up to -225 or -250 but who is to say that this was a bad line at -190 since noone else had u2. They all had u1.5 -165 or so.

As i say this the goal scoring was 3-2-3 which i just got lucky and bet the right period but the value was there.

We live in a capitalist society and value is only associated to what we give it. Today Srichipan was +600 at bluegrass but he still lost but i thought it had value. Others might've thought srichipan should've been +800 and thought -530 had value.

The real problem in the end is that sportsbooks are automated and there is no human to check them over, because in a "market economy" there is no such thing as a bad line as the market determines the value. When the market has an incorrect value it is always human error and humans are needed to comb their markets to find errors. Just like at a garage sale if your wife was trying to sell your favorite boots for 1$ you would notice it.
 

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