\n Posted on: September 10, 2024, 02:54h.\u00a0\n <\/p>\n
\n Last updated on: September 10, 2024, 03:06h.\n <\/p>\n
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<\/div>\n<\/p><\/div>\n<\/p><\/div>\nBet365 is facing a slew of criticism on Tuesday after the sportsbook adjusted odds on accepted bets after realizing that a backup running back would be the starter for the San Francisco 49ers during the team\u2019s \u201cMonday Night Football\u201d game.<\/span><\/p>\n Jordan Mason is the Niners\u2019 second-string running back behind Christian McCaffrey, one of the most electrifying players in the NFL who was named the Offensive Player of the Year in 2023. <\/span><\/p>\n McCaffrey typically does the heavy lifting in the San Francisco backfield and commands the bulk of the team\u2019s carries. <\/span>That\u2019s why bet365<\/a> originally put Mason\u2019s over\/under for total rushing yards against the New York Jets at just 13.5 yards. The line was on odds of -110, typical for an over\/under.<\/span><\/p>\n<\/div>\n After bet365 realized that McCaffrey wouldn\u2019t play because of a nagging calf\/Achilles injury, the sportsbook told bettors with action on Mason that their odds had been adjusted to -5000. The change meant a $100 winning bet went from paying out $90.91 to just $2.<\/span><\/p>\n Matt Williams<\/a>, a sports betting analyst at VSiN<\/i> Live, was the first to expose the bet365 odds adjustment for Mason\u2019s performance.<\/span><\/p>\n Bet365 told Mason and others who took the Mason over\/under at -110 that the adjustment was warranted because the original odds were offered in error.<\/span><\/p>\n We have identified that this selection was placed at incorrect odds and as such, in accordance with our rules, will be settled at the revised odds of -5000,\u201d the bet365 communication read.<\/span><\/p>\n<\/blockquote>\n After Williams shared the sportsbook message to X and hundreds of angry bettors scolded the operation, bet365<\/a> issued a \u201csettlement update.\u201d <\/span>Williams said his $110 bet was awarded $91.93, which was below the $100 he was rightfully owed on -110 odds. The comments on the bet365 settlement update were overwhelmingly negative.<\/span><\/p>\n \u201cThe only reason you\u2019re agreeing to this is because you got called out publicly,\u201d read one response on X.<\/span><\/p>\n There was no confusion, you all thought you could screw people over,\u201d added another.<\/span><\/p>\n<\/blockquote>\n Williams likened the book\u2019s explanation to a robber robbing a bank who later found out they were caught on camera.<\/span><\/p>\n \u201cSo they brought the money to the police station and said, \u2018Sorry for any confusion.’\u201d<\/span><\/p>\n In July, the New Jersey Division of Gaming Enforcement (DGE) ordered bet365 to pay $519,323.32<\/a> to bettors behind 199 winning wagers in which the sportsbook had post-adjusted its odds.<\/span><\/p>\n The gaming regulator said bet365 failed to notify the agency about accepting wagers on odds it deemed erroneous. State officials said DGE approval is first needed for a book to adjust odds on facilitated wagers.<\/span><\/p>\n<\/div>\n The DGE found additional regulatory deficiencies at bet365 last week when it revealed the book had taken bets on events that had already been completed<\/a>. Bet365 agreed to settle the regulatory action with a $33K penalty.<\/span><\/p>\n![\"bet365](\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-10-at-3.18.24\u202fPM-858x531.jpg\")
Bet365 Makes Good, Kind Of<\/b><\/span>\u00a0<\/span><\/h2>\n
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Regulators Mum<\/b><\/span>\u00a0<\/span><\/h2>\n