Fanduel Voided Bet
Most bets you place online will follow the standard process and pass without fuss; however, from time to time something out of the ordinary may happen that could leave you puzzled as to how your bet will settle or why it has been calculated a certain way. Bets can be voided for a range of reasons and we look at what some of those could be and how this affects any bets you’ve placed, especially accumulators or multiples.
FanDuel will pay off bets that won thanks to a computer glitch. One will cost $82,000. He received a call saying he had received incorrect odds and that his bet had been voided. FanDuel has launched retail and online sportsbooks around the country. Both a pillar and pioneer of the daily fantasy sports industry, the New York-based company is now leaving its mark on the regulated sports betting market in the United States by offering a user-friendly experience that’s packed with value.
All bets will stand if a game is suspended and continues to a conclusion the following day (local time), Moneyline bets will be voided and those funds returned to you should your MLB Game be suspended prior to the game completing 5 innings (4.5 if the Home team is leading). I entered a bunch of Guaranteed 3 max entry contests that Fanduel voided because they did not fill. This is ridiculous! They were 50 and 20 man leagues from various radio stations and websites. PROPOSITION BETTING: A proposition wager or “Prop Bet” is a wager on a specific aspect of an event. FanDuel offers Player Props and Game Props. LIVE BETTING: For most events, wagering is still available even after a game begins. You can usually place most types of wagers right up until the last whistle, referred to as live or in-game wagers.
First, however, let us simply explain what a void bet is. A void bet is one that is essentially cancelled, made null and void as if it had never been placed in the first place, and whilst you don’t win anything, you don’t lose anything either, with your stake being returned in full to your account.
One exception to this may be when the initial bet has been placed using bonus funds or is a free bet. Technically you may lose the free bet if it is a void, although contact the bookmaker and they may well reinstate your bonus or freebie. Similarly, void bets will not count as a qualifying bet in order to earn a free bet, nor as part of the wagering for bonuses that have such terms.
Why Might a Bet be Void?
As said, bets can be voided for a range of reasons and whilst the list below isn’t exhaustive it certainly covers the vast majority of possible scenarios.
- Match/Event Postponed – whether it’s football, golf or horse racing, there is always an outside chance the event you bet on could be postponed to a later date. The most likely cause of this is bad weather, with waterlogged or frozen tracks, pitches and courses a particular problem in winter.
- Event Abandoned – this scenario is less likely but similar, with a contest starting but not reaching its conclusion. Weather is again a common culprit, but other possible explanations include crowd problems or a team having too many players injured or dismissed for the event to play on.
- Non-runner/Injured – especially in horse racing, if your selection withdraws before the race starts it will be a non-runner and the bet is usually voided, whilst injuries in sports such as golf, tennis, and boxing could lead to a void bet. In football, bets placed on the first scorer market are void if your player starts on the bench and comes on after the first goal has been scored, or doesn’t come on at all.
- Rules – bookies may void a bet within their own rules if an event is changed in a certain way. The event/match may still go ahead, but bets may no longer stand if, for example, a cricket match is reduced in overs, a tennis match takes place on a different surface or there is a change of pitcher in baseball. These rules will be clearly detailed by the bookmaker in the rules section for the given sport.
- Error – occasionally a betting site may leave a market “live” when it has already started or make some other obvious error and the law and their rules allow them to void such bets.
Fanduel Voided Bet Picks
Could Bets on a Void Event Still Stand?
It’s worth noting that there are lots of further “ifs” and “buts” attached to the above, such that the events outlined previously will not always lead to a void bet. For example, in tennis, betting sites have different rules regarding player injury, with some sites treating a bet as live as soon as a ball is served but others only if the match is completed and yet others depending on how many games or sets have been played. As such, if a player retires in the second set and you have bet on him to win the match, depending on the rules of the bookie that bet could be void, meaning you get your stake back, or you could lose, as the other player is deemed to have won.
Similarly, whilst certain bets may be void, usually a bookmaker will allow bets that have effectively already settled to stand, even if the overall game/match is abandoned/made void. In our tennis example above, for example, bets on who will win the first set might stand, whilst bets on the match could be voided. Another example like this might include a football match that is abandoned after 40 minutes, with bets that have already settled, such as first goalscorer (if there has been a goal) standing, whilst other bets such as last scorer, half time markets and full time markets, will be void.
With regards abandonments and postponements, it’s also worth being aware that these will not always be classed as void bets. Bookies will have different terms and conditions so always check with whichever site you placed your bet, but usually if a game or event is re-played or re-scheduled within a certain timeframe, original bets will stand. This is often 72 hours, meaning that more often than not bets are indeed void but occasionally bets will stand on the re-organised contest.
What Happens If a Bet Is Void in an Accumulator?
In the case of singles it’s clear that a void bet is a void bet and you’ll get your stake back, but what happens when a void selection forms part of a larger acca or multiple bet? Usually the void selection is just disregarded, such that a fourfold acca with one void leg simply becomes a treble, a treble becomes a double and a double just stands as a single.
This, as with a single void bet, is quite straightforward and the only grey area concerns accumulators placed on special enhanced odds markets, for example if you bet on a “trebles and up” coupon and your initial treble then becomes a double. In this instance you will normally be paid at the standard odds for your double but as with any query, if in doubt, just contact the bookie for an explanation.
Fanduel Voided Bet Odds
Finally, with regards bets placed on Lucky 15s, Lucky 31s and Lucky 63s, these will be handled in the same was as an accumulator. As such, a Lucky 31 with one void leg effectively becomes a Lucky 15, with the single stake and all associated multiple stakes returned to your account.
Void Bets & Accumulator Offers
The main way in which you could be negatively affected by a void bet is where you placed an accumulator in conjunction with some kind of offer such as acca insurance were you’re given a refund of your stake (usually as a free bet or bonus funds) if only one of your bets loses in an accumulator.
Usually these insurance offers require a minimum number of legs to qualify for the promotion – so you might need to place an accumulator with five or more legs to be eligible. In this scenario a voided bet will reduce the number of legs in your acca – so a five fold with one void leg becomes a four fold, and as such is no longer eligible for the promotion.
There’s little that can be done after the fact about this, and you will just have to accept that if three legs win out of your fivefold, one leg has been made void and one is settled as a loss then you will not receive the insurance.
With this in mind, if you think there’s a strong chance that a leg of your acca could be called off due to poor weather, or be otherwise voided, then either don’t include it in the accumulator, or also include an additional leg that you’re fairly confident of winning to give you a bit of extra insurance on your insurance!
The New Jersey Division of Gaming Enforcement on Thursday ruled that FanDuel's sportsbook must pay out on dozens of disputed soccer bets that were placed in mid-July and led to a monthlong investigation by regulators.
The dispute centered on odds FanDuel offered on the soccer matches and whether the prices posted were the result of an error by the bookmaker. Beginning around July 12 and lasting until July 15, bettors in New Jersey targeted games in MLS, the Premier League, La Liga and Serie A.
In total, tens of thousands of dollars were wagered on the games over four days in New Jersey, with a potential payout of more than $100,000.
'Today, the [Division of Gaming Enforcement] ruled that a total of 10 online customers and one retail customer who placed wagers on erroneous multiple soccer markets should be paid out after an investigation into a new bet type that was installed by a vendor incorrectly resulted in erroneous lines being made available to customers,' Kevin Hennessy, spokesman for FanDuel, said in a statement to ESPN.
'FanDuel Sportsbook appreciates the DGE looking into this matter on our behalf. We regret that this error happened, believe it is important for customers to know that there is a review process for these issues, and thank the DGE for their collaboration in the matter. Customers impacted will receive their winnings in their online accounts immediately and our retail customer has been contacted to come into the Meadowlands to receive his winnings.'
The majority of the 50-plus bets made in New Jersey were parlays placed online. However, at least two of the bets, totaling $10,000, were made over the counter at the FanDuel sportsbook at the Meadowlands.
Daniel Leavey, a 29-year-old New Yorker from Long Island visited the sportsbook at the Meadowlands with his father on July 12. On one of the video screens displaying the odds, Leavey noticed an alternate line for an upcoming MLS match: FC Cincinnati +5 goals (-134) versus Atlanta United.
Leavey placed a $5,360 bet on Cincinnati +5 goals and was asked by the teller if he would like to make another bet on the same game. Leavey obliged and put another $4,640 on Cincinnati +5 goals.
When Leavey returned to the Meadowlands sportsbook on July 16, after Cincinnati's 1-0 win, he was told by FanDuel staff that the bets were being held. The bets were frozen for one month, leaving Leavey and the other bettors without their initial stakes and winnings while the DGE investigated.
'Funds are held until an investigation is complete,' a spokesman for the DGE told ESPN in an email Thursday.
Leavey is due a net profit of $13,462 from his wagers.
Fanduel Voided Bet Poker
The prices on the goal lines were the result of the error. Odds on a soccer team plus five goals, for example, should have been much shorter than the -134 offered by FanDuel, potentially in the range of -5,000. The pricing also was off on more traditional goal lines, such as +1 or +2.
A bettor at the FanDuel sportsbook at Blue Chip Casino in Indiana also spotted the opportunity and placed numerous parlay bets that included Cincinnati +5 and other soccer games affected by the vendor error.
Fanduel Voided Betting
FanDuel voided the bets in Indiana, as Indiana Gaming Commission regulations allow sportsbooks to cancel wagers 'in the event of obvious error, at the certificate holder's or vendor's discretion.'
The matter is being reviewed by the Indiana Gaming Commission's compliance committee.