Question:

In a UK Betting shop, if a naive assistant were to give me odds of odds of 4/5 about Federer winning tomorrow.

by  |  earlier

0 LIKES UnLike

.............would they be legally valid and the would the bookies have to pay out?

what i mean is this:

Federer is 4/5 to win Wimbledon outright. I only want to bet on Federer to win tomorrow's match (for which he is 1/14).

Now, if I write 'Federer to beat Ancic' on the betting slip, and Ms Naive Betting Assistant checks her outright prices instead of the match prices and writes '4/5' on the betting slip, must they pay out at this superior price to me if Mr federer wins the match?

Only answer if you know for sure, and have the evidence

cheers

 Tags:

   Report

7 ANSWERS


  1. They will refuse to pay you on the palpable error rule.


  2. Your answer has been given - palpable error, since 4/5 had never been advertised/quoted for the outcome you have specified.

  3. Yes they would have to pay.It is written and dated on your

    betting slip.Unless a major loss across the area or country

    causing suspicion of a betting fraud.

  4. No you wont be paid out. They will assume you knew and duped the assistant into it and will not honor the bet

  5. I believe this is called a "palpable error", it means they won't payout at 4/5 and you'll get your 1/14.

    Try it on anyhow.

  6. No. You will get the price of 1/14 as all bets are checked before being paid out. I work in a bookmakers and as you have stated that it is for the match and not outright you will get the match price!

  7. I had a similar problem and after asking several experts I was told if the clerk made a mistake, the betting shop dose not have to honour the bet, but my betting shop settled for a acceptable amount (about half) and then said I would not be welcome back.

Question Stats

Latest activity: earlier.
This question has 7 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions