FanDuel won't honor bet that would have paid $82K after 'pricing error'
Bookmaker FanDuel is declining to honor a $110 bet made in New Jersey that would have paid over $82,000 due to what the company is calling an error in the oddsmaking process, according to David Purdum of ESPN.
"The wager in question involved an obvious pricing error inadvertently generated by our in-game pricing system," said a FanDuel spokesperson.
The bet was placed over the counter at the Meadowlands Racetrack while the Denver Broncos were trailing the Oakland Raiders 19-17 in the fourth quarter on Sunday. The live-odds feed gave the Broncos +75,000 odds of completing the comeback after a Case Keenum completion got them into field-goal range.
Those odds would have paid bettor Anthony Prince $82,610, but FanDuel says the odds should have been listed at -600, a number that would have paid a profit of $18.35.
The company offered to pay Prince approximately $500 and give him tickets to three New York Giants games. Prince declined the offer and said he plans to get an attorney involved, according to News 12 New Jersey.