as in claim palpable error. if a price is so out of line as such to be "obviously" wrong ie. most probably an error by one of the bookie's operators, the rules state that they can cancel this bet or just adjust the price to the new one. it works on the basis that they should not be made accountable for their own mistakes. which sucks.
Yeah, for example during the final of the snooker grand prix, john higgins was 6-2 (i think) up at the end of the first session in a race to 10. ladbrokes had him priced up at 7/4 and o sullivan at 2/5. i had a decent bet on higgins and at the end of the match they settled at 7/4. i thought that as they had paid out, that must mean they weren't going to adjust my bet. Alas, about half an hour after the end of the match, they simply deducted the difference from my account as if they had paid out at 2/5. so basically, if you are lucky enough to get paid out on a bet that seems too good to be true, make sure you withdraw your winnings as soon as possible lol. someone later told me that i should take it to IBAS, the independant arbitrator as my bet was placed inplay and they aren't allowed to claim palpable error on inplay bets. however, IBAS settle in favour of the bookmakers in over 90% of cases i believe so i didnt pursue it.
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Didn't manage to get the bigger price unfortunately but no doubt, they would only have manually adjusted the bet anyway.
What do you mean by manually adjusted the bet James?
as in claim palpable error. if a price is so out of line as such to be "obviously" wrong ie. most probably an error by one of the bookie's operators, the rules state that they can cancel this bet or just adjust the price to the new one. it works on the basis that they should not be made accountable for their own mistakes. which sucks.
Wow, I didn't know they could do that. Learn something new every day...
Yeah, for example during the final of the snooker grand prix, john higgins was 6-2 (i think) up at the end of the first session in a race to 10. ladbrokes had him priced up at 7/4 and o sullivan at 2/5. i had a decent bet on higgins and at the end of the match they settled at 7/4. i thought that as they had paid out, that must mean they weren't going to adjust my bet. Alas, about half an hour after the end of the match, they simply deducted the difference from my account as if they had paid out at 2/5. so basically, if you are lucky enough to get paid out on a bet that seems too good to be true, make sure you withdraw your winnings as soon as possible lol. someone later told me that i should take it to IBAS, the independant arbitrator as my bet was placed inplay and they aren't allowed to claim palpable error on inplay bets. however, IBAS settle in favour of the bookmakers in over 90% of cases i believe so i didnt pursue it.
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