The Denver Broncos' 20-19 win over the Oakland Raiders on Sunday appeared to deliver one bettor an $82,610 payoff on a $110 bet. Two other bettors thought they were in line to collect $56,000.
Except it was a glitch in the system that made the miracle bet payouts possible. That led New Jersey sportsbook FanDuel to decline the payout, citing "an erroneous price over an 18-second period."
In a statement, FanDuel director of publicity Kevin Hennessy said: "We honored all (erroneous) bets on the Broncos to win the game at the accurate market price in accordance with our house rules and industry practice, which specifically address such obvious pricing errors. We have reached out to all impacted customers and apologized for the error."
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The would-be $82,610 winner Anthony Price, told News 12 New Jersey that he placed the wager at the Meadowlands Racetrack when the Broncos were losing to the Raiders 19-17 late in the fourth quarter.
Because FanDuel's system did not update the live betting odds to reflect Denver as a -600 favorite (with a net of $18.35) after the Broncos were within game-winning field goal range, Price received a ticket that said he'd get up to $82,610. The company's computer error kept the Broncos at 750-1 underdogs.
Price told News 12 New Jersey that he declined FanDuel's offer of $500 and three New York Giants tickets, and plans to hire an attorney to challenge the declined payout.
Two other men, Mike Guerriero and Chris Calcano, told News 12 New Jersey that the next morning their $56,000 win was swapped for $12. They also are considering legal action.
According to ESPN, the New Jersey Division of Gaming Enforcement is investigating FanDuel's glitch. While sports betting regulations differ in each state, New Jersey's state that a sportsbook like FanDuel cannot "unilaterally rescind any wager."
FanDuel claims its rules that if a "palpable error" is made then it is only obliged to pay "the correct price at the time at which the bet was placed."
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