FanDuel not honoring bet that would have paid more than $82,000 due to line error

For one New Jersey bettor, the Denver Broncos were a long shot too good to be true. New Jersey bookmaker FanDuel declined to honor a $110 bet on the Broncos on Sunday that would have paid more than $82,000, due to an error in the oddsmaking process, the company said. "The wager in question involved an obvious pricing error inadvertently generated by our in-game pricing system," a FanDuel spokesperson said in a statement. The bettor, who identified himself to News 12 New Jersey as Anthony Prince, placed the wager over the counter at the sportsbook at the Meadowlands Racetrack with Denver trailing the Oakland Raiders 19-17 late in the fourth quarter. After quarterback Case Keenum completed a pass down to the Oakland 18-yard line, putting the Broncos in comfortable field-goal range, FanDuel attempted to update the live betting odds to reflect Denver as a -600 favorite. However, according to the company, an error in the live-odds feed caused the...

from ABC News: Sports https://ift.tt/2DabePm