You are here: Home Sports Betting News Gambling Industry New Jersey Regulators Want FanDuel to Pay for Soccer Odds Mistake
New Jersey regulators want FanDuel to pay out on several disputed soccer wagers. They investigated the bets placed in July. Also, it centered on FanDuel’s soccer odds mistake. Also, they tried to determine if the prices published were a mistake made by the sportsbook.
The disputed soccer wagers were from July 12 to July 15. Players in New Jersey wagered on games in the Premier League, Serie A, La Liga, and the MLS. The payout was more than $100,000 for soccer games within four days.
According to the investigators, ten online players and a single retail player placed bets on several soccer games that had terrible odds. Regulators said that FanDuel should pay out the winnings. FanDuel made the mistake of installing a new type of wager that led to erroneous lines.
FanDuel said that it appreciates what the Division of Gaming Enforcement did. Based on sportsbook pay per head reports, the sportsbook company regrets committing the mistake. Also, they believe that it is vital to be transparent about the review process of such errors.
FanDuel allows its players to bet sports online. Also, players affected by the errors will get their winnings through their online accounts right away. For the retail player, FanDuel instructed him to get his winnings from Meadowlands.
Most of the wagers made in New Jersey were parlays. Also, players placed them online. However, two wagers were placed at the Meadowlands sportsbook. Daniel Leavey from New York placed a massive bet on MLS match between Atlanta United and FC Cincinnati at Meadowlands on July 12. He returned to Meadowlands on July 16 after Cincinnati won.
If you want to create a sportsbook, be sure to be as transparent as FanDuel. It would help if you took responsibility for your mistakes.