Bet365 Faces Backlash Over Jordan Mason Bet Grading
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00:00So, all of the sportsbook have the odds here on how much Mason will play.
00:05Will he score?
00:06How many carries will he get?
00:07I mean, this is why the sportsbooks are making so much money, because they could offer all
00:12of these exotic props that nobody's interested in at all.
00:16But somebody was interested over on Bet365 on the over on Jordan Mason's rushing yards.
00:22What happened here, Matt?
00:23Did they not want to pay the odds that they initially put up?
00:27What happened?
00:28Yeah, you know, this is a tricky situation, Craig.
00:32Basically, what happened is Jordan Mason, his line for rushing yards was set at 13.5
00:39on Bet365.
00:40And, you know, it's not crazy that people went on and decided to bet on the backup running
00:45back for San Francisco when, you know, we've been hearing all of last week and throughout
00:50preseason how CMC was hurt, right?
00:54So not surprised that people took this bet.
00:56The problem is, is that 13.5 yard line was up after CMC was announced as out.
01:05And I'm not sure how long it was up, but it was up enough that some people jumped on it
01:10as well.
01:11So you have these bettors that, you know, either they bet before or they bet after the
01:15news and they're thinking, you know, great, we're in.
01:17Then some emails were sent out saying, look, this was an obvious error to have this line
01:23listed at minus 110.
01:25And Bet365 said that they would be paying out those bets at minus 5,000 odds.
01:32That is not really how it's supposed to work.
01:36You know, we have situations in the United States, obviously, we have different rules
01:40all across the board.
01:42And Bet365 is an international company first.
01:46And in international jurisdictions and in some US jurisdictions, operators are allowed
01:50to void bets that are obvious mistakes.
01:54They call them palps, right?
01:56That can happen if maybe a game isn't taken off after it starts.
02:02You know, the pregame money line is still up.
02:04There's a lot of situations where that can happen.
02:07Some places let you just wipe it out.
02:09Some places like New Jersey do not let you just wipe it out.
02:13You need regulator approval to go back and change anything to do with any bets.
02:21And so we found out that on Tuesday morning, Bet365 had reversed its course.
02:28And it said, you know, look, we're sorry for any confusion about that.
02:31I don't think anybody was confused.
02:33I think what happened was Bet365 said they were doing this, then they changed their mind.
02:37But you know, frame it under confusion, that's fine.
02:41The important thing is that these people are getting paid out for the bets that they placed.
02:45But it is a headache here for Bet365 because this isn't the first situation that they've
02:51had issues with this.
02:53And it's a bad look, right?
02:55It's just simply a bad look when you have so many sportsbooks to choose from.
03:02And you're betting with Bet365 because you know that they have a great international
03:05reputation.
03:07You get a bet that you think is, you know, good for you, right?
03:10I got one.
03:12And then it's backed out to minus 5,000 bets.
03:15It's not a good look.
03:16They got a lot of heat on social media about it.
03:20It spread very quickly.
03:21And you know, just hours later, they were backing out of it.
03:24So it went the right way.
03:27But it was a shame to see this from Bet365 because this isn't the first time, Craig.