Bookmakers pricing errors

[fintron]

The story behind this thread isnt racing related but Im sure we can expand it to include racing, but here goes. Last night I was in a William Hill shop with Wizzkid Walter and he noticed the handicap in running price of Cameroon +1 (vs Denmark) to be 9/2. Quite clearly this was a cock up on the part of the bookmaker as the match was 0-0 and only 3 minutes played. Considering Cameroon would likely have been around evens to win the game in the 90 minutes market, their price with a goal head start should have been odds on. I dont think they got the numerator and deominator mixed up as 2/9 would have been too short, rather they should have probably put Cameroon -1 instead of Cameroon +1. Anyway we quickly got our cash on and the lady behind the counter confirmed if the match was drawn, we'd win our bet. If the match had ended in a draw, would they have paid us out? I only had a fiver on at 9/2. Would Hills risk losing a customer for the sake of £22.50 even though the guys at head office responsible for the prices on the monitors had made a glaring cock up? Has anyone had any similar experiences to this racing, and how were they resolved? My only racing one similar to this was at Catterick one new years day. One of the on course bookies was last of all to put her prices up and was copying off the RP tissue, except she put a horse up for 11/1 instead of 11/2. I didnt fancy the horse but realised she'd cocked up, and asked for a tenner on. She printed the slip but when looking at it before handing over, realised her error and said I couldnt have 11/1. I wasnt sure where I stood so said I no longer wanted to back the horse. It went and won as it happened!! Where does the punter stand in such situations?

[TheRat]

Re: Bookmakers pricing errors There are terms saying if it is a clear mistake they don't have to pay There was an error with William Hill the other day and a punter had bet on a yellow card in the first 15 mins of the USA Slovenia game and another and they had a 2.5mil liability on it. It was a mistake with their odds generator thing. Wasn't a yellow in the first 15 of the game anyway but I don't think they would have had to pay out