Sneakylong Is there a disclaimer posted by these betting companies that says any software mistake causing erroneous odds won't be paid off? If not I'm sure there will be now.
The article specifically said this does exist in the terms of service, and even more established betting outfits have similar protocols.
"FanDuel's house rules, however, state that "where a blatant or palpable error is made in offers made, prices offered or bets accepted or in the transmission of any event on which we have purported to offer Live Betting, bets may be settled at the correct price at the time at which the bet was placed, as determined by FanDuel Sportsbook."
Other jurisdictions with legal betting handle the issue differently.
In Nevada, mistakes in the odds are not uncommon and can occur multiple times a month at sportsbooks. If a similar dispute happened in Nevada, the bookmaker would be required to contact the Gaming Control Board in order to investigate the matter.
Some Nevada books have paid off bets that were placed on bad odds but then refused to take action from the bettors who took advantage of the mistakes in the future.
In the United Kingdom, where FanDuel owner Paddy Power-Betfair has operated for decades, mistakes in the odds are called palpable errors or "palps" and generally result in voiding the bet."