bet canceled by bookie due to incorrect odds?

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jos91
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jos91

bet canceled by bookie due to incorrect odds?
« on: June 26, 2012, 02:19:18 PM »

Hi,

a couple of days ago I placed an arb (<0.5%) for bonus scalping. O/U 1.5 goals. The odds were about 3.7 (O 1.5). The result is 2-0 and the bookie I placed the O1.5 bet canceled the bet due to incorrect odds at the time placing the bet.

This is the first time something like this happened to me and I am asking you if this is quite common, because in my opinion this is a huge risk to every arb... I would expect something like this if I play arbs above 4%...
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MX
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MX

Re: bet canceled by bookie due to incorrect odds?
« Reply #1 on: June 26, 2012, 04:34:42 PM »

not common at all. which bookmaker?
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ajeto
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ajeto

Re: bet canceled by bookie due to incorrect odds?
« Reply #2 on: June 26, 2012, 06:01:14 PM »

It is always the risk that bookie will invent some excuse and void the bet. More often this will happen if you are using unreliable bookies, like balkan bookies or so. Of course if you are placing bets on palps all will void, even Pinnacle.

The key to your answer is

which bookie (not all bookies are safe)
odds comparison (if you are unsure always check what other bookies offer)
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Arbusers
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Arbusers

Re: bet canceled by bookie due to incorrect odds?
« Reply #3 on: June 26, 2012, 06:49:44 PM »

What was the U 1.5 odds?
What is the name of the bookmaker?
What was the height of the stake?
What was the game?
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qbet
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qbet

Re: bet canceled by bookie due to incorrect odds?
« Reply #4 on: June 27, 2012, 02:40:32 PM »

3.7 for O1.5 ? That doesn't make sense. O1.5 is the most likely outcome and should have a price <2. So the u1.5 was about 1.4 ? Was that on betfair?
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cyprus
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cyprus

Re: bet canceled by bookie due to incorrect odds?
« Reply #5 on: July 09, 2012, 11:11:29 PM »

Betway is one of the worst betting companies
I bet 4 games until now and got 4 voids
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ajeto
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ajeto

Re: bet canceled by bookie due to incorrect odds?
« Reply #6 on: July 10, 2012, 12:26:07 AM »

What do you bet? Palps?
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cyprus
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cyprus

Re: bet canceled by bookie due to incorrect odds?
« Reply #7 on: July 11, 2012, 01:20:59 AM »

soccer. I make withdraw and wont use them again
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