Should Sportsbooks Payout on Odds Glitches?

In early April, as the NBA was eeking to the end of its regular season in what has become an annual final week of farcical starting lineups and hijinks, bettors discovered a glitch in The Matrix that brought the world of sportsbook mistakes back into the spotlight.

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Betting Debate: Should Sportsbooks Pay Out For Their Odds Mistakes?

With the Memphis Grizzlies preparing to face off against the New Orleans Pelicans on April 5, bettors capitalized on a mistake made by traders at sportsbook PointsBet that saw Tyus Jones, the Grizzlies' primary ball handler for that night due to the absence of first-choice point guard Ja Morant, listed at odds as high as +2800 to record a double-double; more than seven times the odds other sportsbooks were offering on the same market for the game.

Of course, Jones would go on to tally his ninth double-double of the year with 13 points and 12 assists in the Pelicans overtime win, exciting many of those who were quick enough to strike on the ballooned odds, including one bettor who shared his bet with Dimers via DM on Twitter, first as a ticket that was marked as won, and then a subsequent screenshot of the same ticket voided by PointsBet who decided not to honor the bets made on Jones once their error was discovered.

  
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By Dimers