BetMGM cites āobvious errorā after teachers $214K win taken away wusa9.com
Kris Benton questions if heāll ever bet on sports again after an online error that left his family disheartened and devastated. Kris Benton said BetMGM began to cancel his winnings a day after he placed three bets on a Womenās World Cup match.
More Videos
Next up in 5
Example video title will go here for this video
- Next up in 5
Example video title will go here for this video
Next up in 5
Example video title will go here for this video
- Next up in 5
Example video title will go here for this video
Author: Matthew Torres Published: 7:07 PM EDT August 4, 2023 Updated: 7:10 PM EDT August 4, 2023 FAIRFAX COUNTY, Va. ā Kris Benton questions if heāll ever bet on sports again after an online error that left his family disheartened and devastated.
The Fairfax County teacher placed bets for a total wager of more than $3,000 on the Netherlands vs. Vietnam match in the Womenās World Cup through the BetMGM app on Monday. After placing wagers on three separate single game parlays at 66 to 1 odds, the app said he won $214,500.
However, he never pocketed any of the money after BetMGM began to cancel the winnings due to an āobvious error with odds.ā
He started to initiate a withdrawal for $100,000, the maximum amount allowed, on Tuesday morning. Benton received an email from the company confirming the withdrawal process, but by 2:30 p.m. on the same day, the bets that said āWONā were now āCANCELED.ā Once the withdrawal was also canceled, his stake money was credited back into the account.
āThis was going to be a life-changing moment for us, and then in an instant, it was all taken away without any notification whatsoever,ā Benton told WUSA9. āI was completely devastated. My wife and I had already started discussing what we were going to do with the money.ā
Benton received an email from the companyās Online Gaming Operations Team, which said they āsincerely apologize for the inconvenience.ā
The team called what happened an āObvious Error,ā meaning it voided the wagers because the odds were āclearly incorrect.ā
“There was an issue that caused the corners market to have inflated the odds, but they were not supposed to be offered at that price,ā the email to Benton said. āTherefore, we are not able to find out what the correct odds would have been, that is why the wager was voided.ā
āThey said because of their mistake they can do whatever they wanted to do with my account balance and on top of that, the mistake they claimed happened, they can’t back that up with any evidence,ā he said.
BetMGM PR Coordinator Nick Lovera said it could not comment further but referred to WUSA9 to the relevant terms and conditions outlined in the email sent to Benton.
Dr. Patrick Rishe, sports business analyst at Washington Univ-St. Louis, said there may be fine print that can protect a betting company and allowing them take back winnings.
āItās extremely, extremely rare for this to happen,ā Rishe said. āThat doesnāt mean it doesnāt happen because there could be last minute things that cause the odds to swing.ā
According to the email to Benton, BetMGM said it offered a $100 bonus bet due to the inconvenience. Benton said it was a worthless offer.
Related Articles
- New sports wagering code bans college betting partnerships
- Yes, your March Madness bracket winnings are taxable
If you or a loved one has a problem with gambling, the National Problem Gambling Helpline Network can be reached at 1-800-522-4700. The network is a single national access point to local resources for those seeking help for a gambling problem. Help is available 24/7 and is 100% confidential.
WATCH NEXT: ‘Winning Time: The Rise of the Lakers Dynasty’ returns for season 2
- New sports wagering code bans college betting partnerships
- Yes, your March Madness bracket winnings are taxable
Close Ad Notifications can be turned off anytime in the browser settings.
No ThanksAllow
56385.net brings you the best collection of free spins no deposit 2024. Pick your free spins on registration no deposit offer and have fun with no risks.
This site only collects related articles. Viewing the original, please copy and open the following link:BetMGM cites āobvious errorā after teachers $214K win taken away wusa9.com