Writy.
  • LOCAL NEWS
  • REGIONAL
  • NYS NEWS
  • US NEWS
  • BUSINESS
  • CRYPTO
  • HEALTH
  • POKER
  • SPORTS
  • SPORTSBOOK
  • LOCAL NEWS
  • REGIONAL
  • NYS NEWS
  • US NEWS
  • BUSINESS
  • CRYPTO
  • HEALTH
  • POKER
  • SPORTS
  • SPORTSBOOK
Writy.
No Result
View All Result
Caesars Sportsbook Fined in NJ for Wrongly Denying Hockey Payout Due to OT Goals – NBC10 Philadelphia

Caesars Sportsbook Fined in NJ for Wrongly Denying Hockey Payout Due to OT Goals – NBC10 Philadelphia

rss feed by rss feed
November 30, 2022
in SPORTSBOOK NEWS
0
Share on FacebookShare on Twitter


What to Know

  • New Jersey gambling regulators have fined Caesars Sportsbook for wrongly refusing to pay out over $27,000 to a gambler who made winning bets on an international hockey game last year.
  • The dispute involved whether goals scored in overtime should count in determining whether bets are winners or losers.
  • It’s the same type of pitfall many soccer bettors may soon face during soccer’s World Cup tournament, where bets are usually graded based on what happens during regular time.

New Jersey gambling regulators have fined Caesars Sportsbook for wrongly refusing to pay out over $27,000 to a gambler who made winning bets on an international hockey game last year.

The dispute involved whether goals scored in overtime should count in determining whether bets are winners or losers. It’s the same type of pitfall many soccer bettors may soon face during soccer’s World Cup tournament, where bets are usually graded based on what happens during regular time.

The state Division of Gambling Enforcement fined Caesars $500 for wrongly insisting that the man’s hockey bets were losers.

Caesars Sportsbook did not immediately respond to a message seeking comment Tuesday.

The division issued a ruling in the case on Nov. 10. The Associated Press requested details of the ruling on Nov. 17, but the division did not release those details until Nov. 28.

It involved a Dec. 22, 2021 game in the Kontinental Hockey League, based in Europe and Asia, on which a patron whose identity was redacted from official documents placed in-game bets on a game involving the teams Vityaz Podolsk and Dinamo Riga.

The gambler bet that there would be over 4.5 goals scored during the game. Five goals were scored during the game, including overtime.

But Caesars marked the bets as losers and refused to pay the patron, according to documents in the case.

The gambler contacted Caesars and was told that the bets did not include goals scored in overtime and that the bets were losers. The gambler disagreed, and said that Caesars terms of service stated otherwise.

The enforcement division agreed and sided with the gambler, ordering Caesars to pay the bets as winners, and fining it $500; it could have imposed a penalty of up to $2,000.

“The patron’s interpretation is correct,” wrote Deputy Attorney General Charles Kimmel in an Oct. 20 letter to Caesars. “Overtime is excluded unless the specific market says otherwise. This market unambiguously stated that overtime and shootout goals would count.”

Sign up for our Breaking newsletter to get the most urgent news stories in your inbox.



Source link

You might also like

AT&T Pebble Beach Pro-Am Picks: PGA TOUR Golf Best Bets, Predictions, Odds to Consider on DraftKings Sportsbook

AT&T Pebble Beach Pro-Am Picks: PGA TOUR Golf Best Bets, Predictions, Odds to Consider on DraftKings Sportsbook

January 31, 2023
Heat vs Cavaliers Picks & Odds (Jan. 31)

Heat vs Cavaliers Picks & Odds (Jan. 31)

January 31, 2023
rss feed

rss feed

Related Stories

AT&T Pebble Beach Pro-Am Picks: PGA TOUR Golf Best Bets, Predictions, Odds to Consider on DraftKings Sportsbook

AT&T Pebble Beach Pro-Am Picks: PGA TOUR Golf Best Bets, Predictions, Odds to Consider on DraftKings Sportsbook

by rss feed
January 31, 2023
0

The PGA TOUR continues in California this week for the AT&T Pebble Beach Pro-Am. For the second time in three...

Heat vs Cavaliers Picks & Odds (Jan. 31)

Heat vs Cavaliers Picks & Odds (Jan. 31)

by rss feed
January 31, 2023
0

Nov 20, 2022; Cleveland, Ohio, USA; Cleveland Cavaliers guard Darius Garland (10) reacts after a call during the second half...

Mississippi State vs South Carolina Odds & Picks (Jan. 31)

Mississippi State vs South Carolina Odds & Picks (Jan. 31)

by rss feed
January 31, 2023
0

Jan 28, 2023; Starkville, Mississippi, USA; Mississippi State Bulldogs guard Shakeel Moore (3) and Mississippi State Bulldogs forward Tolu Smith...

Best Super Bowl Promo Codes for Saints Fans Ranked

Best Super Bowl Promo Codes for Saints Fans Ranked

by rss feed
January 30, 2023
0

The Super Bowl matchup is set as Patrick Mahomes and the Chiefs will take on Jalen Hurts and the Eagles...

Next Post
TNIAAM Reacts: give us your thoughts about the Syracuse Orange win over BC

TNIAAM Reacts: give us your thoughts about the Syracuse Orange win over BC

Chittenango.com delivers current local and national news, sports, entertainment, finance, technology.

  • Contact
  • Privacy Policy

© 2022 Chittenango.com

  • LOCAL NEWS
  • REGIONAL
  • NYS NEWS
  • US NEWS
  • BUSINESS
  • CRYPTO
  • HEALTH
  • POKER
  • SPORTS
  • SPORTSBOOK