I remember reading about SIA pulling a stunt like that. The odds they gave were something like 35-1, and then AFTER THE FACT when the bet WON, they decided it was a bad line and paid it at 8-1.
There was a long dispute but the player never got more than 8-1 in the end. This is how I remember it anyway.
A top tier book IMO could cancel a future bet with a bad line, but only within a short time after making the bet (if it's a long term bet, then a week or less probably counts as a short time). Proper procedure would be to send you an email with an explanation and an apology for hanging a bad line.
If the time elapsed is longer, then the book will probably have to compensate you for cancelling the bet, like offering a Bonus Play or something like that. If the time is very long, then it would have to let the bet stand. Of course, what counts as short, longer and very long are subjective. Definitely a judgment call depending on the exact circumstances.
There was a long dispute but the player never got more than 8-1 in the end. This is how I remember it anyway.
A top tier book IMO could cancel a future bet with a bad line, but only within a short time after making the bet (if it's a long term bet, then a week or less probably counts as a short time). Proper procedure would be to send you an email with an explanation and an apology for hanging a bad line.
If the time elapsed is longer, then the book will probably have to compensate you for cancelling the bet, like offering a Bonus Play or something like that. If the time is very long, then it would have to let the bet stand. Of course, what counts as short, longer and very long are subjective. Definitely a judgment call depending on the exact circumstances.
ABSOLUTELY they can claim bad line!
Suppose for instance that TIGER was say 6-1 and lower to win the MASTERS at 90%+ of the sportsbooks and a sportsbook actually made a typo and put him up at 60-1.
This would constitute a bad future line IMO.
Consider this scenario also........
The year that BEN CRENSHAW won the masters, I bet the FIELD at a local Vegas shop because they had DAVIS LOVE III omitted from the leading contenders and was part of the field when in fact he was favored between 3rd and 8th at most books.
If DAVIS LOVE III would have won, do you think I should have been paid?
Will never know, as lukily GENTLE BEN came through in flying colors for me!
---FISH---
Suppose for instance that TIGER was say 6-1 and lower to win the MASTERS at 90%+ of the sportsbooks and a sportsbook actually made a typo and put him up at 60-1.
This would constitute a bad future line IMO.
Consider this scenario also........
The year that BEN CRENSHAW won the masters, I bet the FIELD at a local Vegas shop because they had DAVIS LOVE III omitted from the leading contenders and was part of the field when in fact he was favored between 3rd and 8th at most books.
If DAVIS LOVE III would have won, do you think I should have been paid?
Will never know, as lukily GENTLE BEN came through in flying colors for me!
---FISH---
Fish, I think you would have been payable on Love in that situation. Concisder that otherwise the book would have had themselves a payout-free winner despite posting a "Field" bet because no one had a chance to bet on Love. Sounds like a bonanza to me. If that was the case they could do that every year and have themselves a free futures shot.
Futures are no different then Gamelines, halftimes, props ect.. They demand the same attention from the people booking the event. All to often BM's get caught up in the everyday grind and completely ignore the futures which can lead to serious liability. IMO it is unacceptable to void a futures bet weeks or months after the bet is placed, a day or maybe two maybe as long as the event has not started
