Betstars offering £100m for anyone who can predict results of all World Cup ties - odds on them paying out?
So £100m for correct prediction of result of all ties, not the scores, just the results. I’m trying to work out the odds of them actually having to shell out. There’s 64 games, so by my reckoning, (assuming you choose each fixture at random), you have a 1 in 3433683820292512484657849089281 chance of winning, meaning if every single person on Earth had another miniature Earth full of people working for them, they wouldn’t even be nearly close until they try every day for a billion years... am I right? In short, it’s a pretty safe bet. Short aside: if by some unbelievable astronomical marvel, somebody does manage it, would they/can they even actually pay out (at these odds they’re obviously not planning on it or even considering it)? Of course people can make educated guesses better than random, but still I find it interesting.
So I created a Betstars account about a month ago and managed to win a bit of money, I was then able to withdraw that money rather easily. Come this Wednesday I won £77 on a bet so I try to withdraw it but I get an email asking for verification, I'm not bothered because I've been through this before and send all the docs they ask. A couple hours later I get an email saying the first name is different, complete shock to me I ask who is it and they reply Hayley. Hayley is the name on the bank card I used to deposit with but I've never had any trouble before using it. I then say that wasn't the name I used to sign up with and they say it is. I'm now stuck because I know I used my name because why the fuck would I not and how am I supposed to provide ID with the name Hayley on it that has the same DOB and address as me.
With Pokerstars sponsoring Team Liquid, will we see Betstars offering odds on the next MLG event in Anaheim?
I know Team Liquid recently removed themselves from the CoD scene, but hopefully with Pokerstars/Betstars new involvement in eSports we will see odds being offered up on the next MLG event. I am sure it would draw quite a large pool.
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In praise of Bet365 and other thoughts. “How did they do?” A review of the major UK bookies re: Coronavirus and suspended NBA futures
Hi folks, long time lurker here, zero time poster. On this rare occasion, I feel as though I actually have something to say. Who am I and why should you care? well, i'm nobody but over the past 7 years I have held bets with every single major bookie that services the UK. All sportsbooks here are regulated so in general you should never have an issue if you are following the rules.
However, owing to the coronavirus in March of this year and suspension of every major sports league in the world, it quickly became apparent to me in communications with them that none were adequately prepared to deal with a situation quite like this. I was curious then to see how each would step up (or not) to the plate given that the majority of their T&C’s were fairly lacking RE: a global pandemic. How much can you really trust the books to do right by you and your money when it’s nut-crunching time. Let's find out!
I had just over £61k of open NBA division futures across 8 of the major UK bookies when the season was suspended. By day I’m a Chartered accountant (CPA for you folks across the pond) and ex-Big 4 auditor so you better believe I kept a paper trail of every correspondence and read the T&C’s of every site back to front. Now that everything has been settled, I’d like to a take a minute j̶u̶s̶t̶ ̶s̶i̶t̶ ̶r̶i̶g̶h̶t̶ ̶h̶e̶r̶e̶ to write about my experience with each book. Maybe it'll be useful to some of you.
These are the 8 sites in question: Bet365, Paddypower, Betfair, Unibet, 888, Betway, Skybet, William Hill (Notable omissions Ladbrokes/Coral and Betstars)
Bet365 – A+ The gold standard and they simply can’t be beaten. Any bettor with experience knows that they are light years ahead of the competition in terms of well everything.. betting limits, customer service, UI, favourable treatment of their punters. This was one of only 2 books which had irrefutable wording in their rules with regards to NBA futures- “all bet stand regardless of team relocation, team name change or season length". No qualms, the ruling is crystal clear.
A quick chat with one of their agents was all I needed to confirm that indeed all my bets are 100% live. Once the season resumed- divisions were marked as settled and paid out as soon as they were mathematically clinched.
In a gesture of goodwill they also voided all Jazz NW division winner futures and paid out for all parlays which they were a leg of. Spoilers- they were the ONLY book to do so. This was worth over £10k to me and highly unexpected as at best I expected a push. The best book there is, period (and not just because they refunded me)
PaddpoweBetfair - B+ I’m grouping these 2 together because they share the same traders. Another powerhouse duo in the UK. Terms and conditions here were far less forthcoming than for Bet365. No explicit wording regarding the status of suspended NBA futures but reassurances were given by live chat agents that they were in touch with the league to confirm whether NBA divisions would still be a thing. A fair position to take given the circumstances but still significant uncertainty for me regarding the status of my bets.
These were however my fastest bets to settle once divisions were eventually clinched so I give them credit for that. No voided bets and everything settled as is. Communication could have been better in the 5 month gap but on the whole, OK.
Unibet/888 - B Again, grouping these 2 because they share the same traders. No particular wording or clear T&C’s with regards to the status of bets in a suspension but Unibet do have their own forum where you can ask questions. For all intents and purposes I found them to be rather useless. A definite clear line of distinction between the agents answering questions and the traders who know (or don’t know) what’s going on but are unable or unwilling to commit to a clear answer one way or the other.
With no clear T&C’s to cover the situation I understand why they took this line but it was of no comfort to me who had £17k of open bets between them. I was told seemingly every week “there’s a big meeting with the traders to discuss this on Friday” but never heard the outcome or details of said meetings. Definitely felt as though I was being given the run around but hey ultimately these were settled correctly as at the completion of every seeding game. Communication could have been better.
Betway - B Same wording in their T&C’s as Bet365 so I had little worry about my bets being voided. My bets were marked as won as soon as they were clinched but were not paid out until the completion of every seeding game.
I held no losing bets with Betway so cannot speak to whether they voided losers. Chat agents were clueless of their own T&C’s though when I sought to confirm whether my bets were live during the hiatus but on the whole at least tried to be helpful in our back and forths.
Skybet – B- Semi-clear wording in their T&C’s: “If an NBA Division is not completed within the same calendar year, all Division bets will be made void unless the result has already been determined.” No confirmation from their traders what would happen if the season were totally suspended though, just that that they would resort to the ruling from the official governing body. Fine, what else could they do.
Bets were settled on completion of all seeding games. Agent’s again a little clueless or hesitant to confirm or deny what would happen in the event of [insert scenario here] but on the whole, okay. Communication could have been better in the hiatus, i'm sensing a theme here..
William Hill – F Maybe I’m being a tad harsh here but in my experience William Hill was by far the worst of all the books to deal with during this time. T&C’s: “Bets will be settled on the division standings on completion of all matches". What does this even mean? For months on end I was unable to get a clear answer from literally anyone. All matches being all matches of the original 82 game schedule, or all matches of the seeding games?
With hundreds of messages exchanged it seemed crystal clear to me that even they didn’t know or hadn’t decided. On June 14th they ended up voiding all my bets including those which had already clinched by then. To be clear, it wasn’t an issue that these were voided if in fact these were voided in line with their T&C’s. I didn't care how these would be settled. However, the fact that nobody was able to offer any clarity on this one sentence for 3 straight months is ridiculous. Once they were voided then they were able to clarify that actually yes “all games” did in fact mean of the original 82 having having by that point already held onto my money for months longer than necessary.... definitely left a dirty taste in my mouth. Expected better for a book this size. F is for fail.
So overall? fairly positive to be honest. You can trust them all to do the right thing... eventually. The main element that was lacking during the down time was communication. I feel as though almost all of them were caught flat footed- didn't what to do, what to say and how to say it to their players when things first went zerodarkthirty, though even that I can sort-of overlook given the unprecedented situation. There is no doubt though, if your market is available on Bet365 and you aren't limited there's little reason to go elsewhere. This has been my TedTalk. Thanks for attending.
So I've now received an email saying the name must have been changed during the first deposit and they were sorry for the inconvenience. They still haven't processed the withdrawl I made on Saturday though which is fucking annoying.
Public plays record: 108-82-2 (W-L-P), staked 717u, profit/loss +151.82u, i.e. +21.17% A great TNF for my model, went 4/5 with the only loser being Derek Carr who got injured early. My Ekeler unders were pretty unpopular, but all came in, even though it was real close on the carries. Full results:
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