Topic: Game Winner Result Changed After 24 hours (Defaulted) - page 3. (Read 307 times)
Anyone knows if BC Casino should change results? I was a Tundra Bettor and i loss but after ALL that incident I opened a disputes but I dont know If I can win
I'm not sure what the casino will be in making a decision about this. However, it looks like the payout will be given some time after the winner of the match results is known. if there is a change in results due to situations, it seems that it is no longer the responsibility of the casino, because the results have already been published and the payout has been given. If the casino had to pay based on the 2nd result, surely they would pay using their own money, and this sort of thing is not possible. The only way is to withdraw the balance that was sent to the winner on the 1st decision and sent it to the winner on the 2nd decision.
This does not happen all the time. In such situations, gambling sites typically rectify the mistake by correcting the payments. If there are gamblers who were mistakenly paid, the site will deduct the excess amount from their balance, while those who lost will be paid their winnings. However, this can be a critical issue because some gamblers who have already withdrawn their winnings might not be willing to deposit more funds if they know their balance will be deducted. In such cases, I believe the gambling site will bear the losses as they are responsible for paying the winners.
This is rather complicated and could make a casino lose their customers if not properly handled. In a case where a football game has been settled and the cash out showed up in a player's account and he withdraws only to find out that the game went through some panel either because of some bad officiating and irregularities then rematch was order and it happens that the winner became the loser whilst the casino had already paid out profit based on the old decision whereas the bettor had already withdrawn his winning, is a serious issue. If this was written on the ToS then the casino have to do the needful to pay the second winner but depending on how much winning the first winner may not return to the casino if it is a very big win.
Quote
My question here is, what will happen to gambling platforms who already settled the bets?
Should they revert back to the winnings and losses of their users? What will happen to the losers and winners of that game to the bet?
Cheating is cheating and if they found one of the player cheating then is a enough reason revert the winning to the loser while the winner to be the loser. But at this point since most of the gambling platform already settled the game to be winning it would be a very difficult task to revert maybe they has a way to re-align it in other to give the loser the winning and gives the winner lose. Should they revert back to the winnings and losses of their users? What will happen to the losers and winners of that game to the bet?
I am curious about what will happen to the users who already withdraw some funds from their accounts.
Or the user's balance is not already enough to pay back the winnings of the defaulted game?
I saw on some gambling sites that this 1 user shared a screenshot of his gambling platform balance, it's already negative because I think he already withdrawn all of his winnings before they defaulted the game.
Or the user's balance is not already enough to pay back the winnings of the defaulted game?
I saw on some gambling sites that this 1 user shared a screenshot of his gambling platform balance, it's already negative because I think he already withdrawn all of his winnings before they defaulted the game.
Interesting situation... imagine having a "negative balance" in some casino?!
I took Rollbit's terms and conditions that applies to this case:
The above rule is like a double-edge sword as it could cause losses to either bookie or gambler. Rollbit will just take the losses in case they paid more to those who bet on Betloom and those gamblers who bet on Tundra can't do anything about this since it's clearly stated in the betting rules.
Quote
3.5. The winner of an event will be determined on the date of the event’s conclusion. Sportsbook platform does not recognize protests or overturned decisions for betting purposes. The settlement of an event suspended after the start of the competition will be decided according to the betting rules specified for that sport by Sportsbook platform
The above rule is like a double-edge sword as it could cause losses to either bookie or gambler. Rollbit will just take the losses in case they paid more to those who bet on Betloom and those gamblers who bet on Tundra can't do anything about this since it's clearly stated in the betting rules.
I guess it would be better for a casino to take the losses, at least players will stay on the platform and continue to gamble... if a casino deducts the winnings and some players have a negative balance they will just move to some other casino.
In football, I remember there were few matches like that. I remember one in the past that the winner was later said to be the loser. What I thought was that the bet has been decided when immediately the match finished and nothing will alter that. We have different gambling sites with some changes in their terms of service, maybe some gambling site may include it that if the match was later cancelled and to be replayed if the loser was later declared the winner, that they will deducted the money from their customers and settle people thought to be the loser, but I do not think that is how it works on gambling sites. Once a match is finished, the bet is settled without exception. If the match result is later altered after the match has finished, non of the gambling site business.
That is something unique which happens very little times and each of the casinos have they own terms and conditions,usually when the result changes the odds default to 1 and I don't know what happens if people have already withdrawn that amount,it means then that they should be in negative in order to repay to the casino the due owned amount.
I have a game pending from the USA MLS which was interrupted yesterday night with European time and the game has not been played again,yet I still have that ticket active,meaning the bookmaker is waiting for the game to be replayed and see the result,it is the only game missing,I have won all others.
I have a game pending from the USA MLS which was interrupted yesterday night with European time and the game has not been played again,yet I still have that ticket active,meaning the bookmaker is waiting for the game to be replayed and see the result,it is the only game missing,I have won all others.
I took Rollbit's terms and conditions that applies to this case:
The above rule is like a double-edge sword as it could cause losses to either bookie or gambler. Rollbit will just take the losses in case they paid more to those who bet on Betloom and those gamblers who bet on Tundra can't do anything about this since it's clearly stated in the betting rules.
Quote
3.5. The winner of an event will be determined on the date of the event’s conclusion. Sportsbook platform does not recognize protests or overturned decisions for betting purposes. The settlement of an event suspended after the start of the competition will be decided according to the betting rules specified for that sport by Sportsbook platform
The above rule is like a double-edge sword as it could cause losses to either bookie or gambler. Rollbit will just take the losses in case they paid more to those who bet on Betloom and those gamblers who bet on Tundra can't do anything about this since it's clearly stated in the betting rules.
I am curious about what will happen to the users who already withdraw some funds from their accounts.
Or the user's balance is not already enough to pay back the winnings of the defaulted game?
I saw on some gambling sites that this 1 user shared a screenshot of his gambling platform balance, it's already negative because I think he already withdrawn all of his winnings before they defaulted the game.
Or the user's balance is not already enough to pay back the winnings of the defaulted game?
I saw on some gambling sites that this 1 user shared a screenshot of his gambling platform balance, it's already negative because I think he already withdrawn all of his winnings before they defaulted the game.
this information is reported in the relative TOS of the individual gambling sites.
of course mostly, if not all gambling sites will have the most compliant terms with their interests...
when this happens in traditional sports (and traditional bookmakers) the funds are withdrawn from the accounts or basically frozen the account.
In case they suspect that a user has defrauded (and was therefore aware of the fraud) they can also proceed with legal action. with crypto bookmaker it's something different, but in case funds are not withdrawn they can just seize ...
of course mostly, if not all gambling sites will have the most compliant terms with their interests...
when this happens in traditional sports (and traditional bookmakers) the funds are withdrawn from the accounts or basically frozen the account.
In case they suspect that a user has defrauded (and was therefore aware of the fraud) they can also proceed with legal action. with crypto bookmaker it's something different, but in case funds are not withdrawn they can just seize ...
This is from eSport Dota 2 game that happened 24 hours ago.
BetBoom Vs Tundra = Winner yesterday is Betboom
After 24 hours, they defaulted to a loss for Betboom.
I think the reason is one of the players of BetBoom was caught cheating, but the game already settled in most gambling platforms.
My question here is, what will happen to gambling platforms who already settled the bets?
Should they revert back to the winnings and losses of their users? What will happen to the losers and winners of that game to the bet?
I can see there are some platforms that already deducted the winning of some person from their balance.
Quote
Though no official reason was given, BetBoom’s Ivan “Pure” Moskalenko was found out to be alt-tabbing during a paused game, pulling up another stream — reportedly Aleksandr “Nix” Levin’s, who was broadcasting the Bali Major.
- Read more hereBetBoom Vs Tundra = Winner yesterday is Betboom
After 24 hours, they defaulted to a loss for Betboom.
I think the reason is one of the players of BetBoom was caught cheating, but the game already settled in most gambling platforms.
My question here is, what will happen to gambling platforms who already settled the bets?
Should they revert back to the winnings and losses of their users? What will happen to the losers and winners of that game to the bet?
I can see there are some platforms that already deducted the winning of some person from their balance.
Jump to: