Results 1 to 4 of 4

Thread: Chicago man wins big in sports bet, only to have it all canceled $389k

  1. #1
    Platinum 1dollarboxcar's Avatar
    Reputation
    2427
    Join Date
    May 2022
    Posts
    3,123
    Load Metric
    105417512

    Chicago man wins big in sports bet, only to have it all canceled $389k

    maybe Todd can help this guy out too via twitter... the more pressure the better...


  2. #2
    Owner Dan Druff's Avatar
    Reputation
    10995
    Join Date
    Mar 2012
    Posts
    58,403
    Blog Entries
    2
    Load Metric
    105417512
    I didn't support the other guy (who got paid any way for PR reasons) and I don't support this dude.

    I couldn't see all 6 legs of this guy's parlay but I saw the following:

    Matas Buzelis over 12.5 points
    Obi Toppin under 9.5 points
    Obi Toppin under 1.5 assists

    These look like evenish-money props. On March 2, reserve Buzelis was expected to play a lot of minutes (he ended up with 30), and that's why his points were inflated over his season average. So 12.5 was a reasonable over/under. Obi Toppin is averaging 10.3 points and 1.6 assists, so obviously the 9.5/1.5 bets were again, likely to be even money type props.

    I'm guessing the other three legs were, as well.

    A typical 6-leg parlay on even-money (meaning same line on both sides) legs will pay 45-to-1, known as +4500.

    Mark Aiello's bet was paying 350-to-1, almost 8x the correct odds.

    There is no legal threshold for what denotes an "obvious error", and while this one is close, I have to side with the casino that a reasonable person could not conclude that +35000 was a reasonable payout for a normal 6-leg parlay.

    The fact that Aiello slammed four different $500 bets on this (probably slightly changing the parlay on each to lower variance) means that it's likely he knew he was getting insane value here. He didn't just place the bets for fun.

    I don't fault the guy for trying. Taking advantage of erroneously posted lines is a form of advantage play, and I don't begrudge anyone who tries. However, at the same time, the player cannot cry foul when the casino catches it, and voids the bet before the game.


    In fact, the voided bet pretty much proves it was posted in error. It's not like something happened to these players, or something about the game changed significantly before the bet went off. They just realized they were giving these insane payouts through some kind of error, and killed the bets.

    Aiello's 8x advantage isn't quite as egregious as the orders-of-magnitude one of the other guy featured in the story, but it's enough to where I would rule that it was indeed an obvious error, if I were on the Illinois Gaming Commission.

    I would be on his side if the game had already started, and they voided it anyway. That could be a case of freerolling by the casino. This clearly wasn't.

    Nice try on his part, but he doesn't deserve the $389k. He's smart to go to the news media, though, as that might get him paid. It worked for the other guy, If he does, more power to him.

     
    Comments
      
      BedWetterBettor: Had a similar issue with my Edm vs Wpg Parlay last night, they would have added +950 For D-Man Darnell Nurse to get Alt. 1+ Points(which he did) but as I added that leg to my parlay, it got reduced greatly & I didn't add it. Sucks as he did get 1 pt

  3. #3
    Cubic Zirconia
    Reputation
    10
    Join Date
    Dec 2024
    Posts
    2
    Blog Entries
    1
    Load Metric
    105417512
    I just saw this on YouTube for the first time, props to the media for their usual BS, “oh look at the military veteran who is a new father getting screwed by the big bad sports book”. Give me a break. None of that crap is relevant to the story but gets people to pile on sports books



    Quote Originally Posted by Dan Druff View Post
    I didn't support the other guy (who got paid any way for PR reasons) and I don't support this dude.

    I couldn't see all 6 legs of this guy's parlay but I saw the following:

    Matas Buzelis over 12.5 points
    Obi Toppin under 9.5 points
    Obi Toppin under 1.5 assists

    These look like evenish-money props. On March 2, reserve Buzelis was expected to play a lot of minutes (he ended up with 30), and that's why his points were inflated over his season average. So 12.5 was a reasonable over/under. Obi Toppin is averaging 10.3 points and 1.6 assists, so obviously the 9.5/1.5 bets were again, likely to be even money type props.

    I'm guessing the other three legs were, as well.

    A typical 6-leg parlay on even-money (meaning same line on both sides) legs will pay 45-to-1, known as +4500.

    Mark Aiello's bet was paying 350-to-1, almost 8x the correct odds.

    There is no legal threshold for what denotes an "obvious error", and while this one is close, I have to side with the casino that a reasonable person could not conclude that +35000 was a reasonable payout for a normal 6-leg parlay.

    The fact that Aiello slammed four different $500 bets on this (probably slightly changing the parlay on each to lower variance) means that it's likely he knew he was getting insane value here. He didn't just place the bets for fun.

    I don't fault the guy for trying. Taking advantage of erroneously posted lines is a form of advantage play, and I don't begrudge anyone who tries. However, at the same time, the player cannot cry foul when the casino catches it, and voids the bet before the game.


    In fact, the voided bet pretty much proves it was posted in error. It's not like something happened to these players, or something about the game changed significantly before the bet went off. They just realized they were giving these insane payouts through some kind of error, and killed the bets.

    Aiello's 8x advantage isn't quite as egregious as the orders-of-magnitude one of the other guy featured in the story, but it's enough to where I would rule that it was indeed an obvious error, if I were on the Illinois Gaming Commission.

    I would be on his side if the game had already started, and they voided it anyway. That could be a case of freerolling by the casino. This clearly wasn't.

    Nice try on his part, but he doesn't deserve the $389k. He's smart to go to the news media, though, as that might get him paid. It worked for the other guy, If he does, more power to him.

  4. #4
    Silver
    Reputation
    143
    Join Date
    May 2013
    Posts
    894
    Load Metric
    105417512
    They cancelled before the game started what seem to be data entry errors.

    Sportsbook is justified completely, not even close, if these are the facts.

    All this nonsense was debated and solved offshore like 30 years ago.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Sports Bettor Wins Nearly $1 Million With $604 Parlay Bet
    By David USF in forum Flying Stupidity
    Replies: 25
    Last Post: 03-16-2021, 09:03 PM
  2. Any Big Gambling Wins or Losses Lately?
    By tgull in forum Flying Stupidity
    Replies: 37
    Last Post: 01-20-2018, 02:59 PM
  3. Replies: 2
    Last Post: 06-12-2016, 08:06 PM
  4. Replies: 1
    Last Post: 05-15-2014, 04:32 PM
  5. Newest Lock Poker scam: Big withdrawals canceled, support unresponsive
    By Dan Druff in forum Scams, Scandals, and Shadiness
    Replies: 183
    Last Post: 07-17-2013, 09:10 PM