Please explain this NFL futures line!

[godblessiraq]

does this betting line make sense? Is it a mistake?

I’m talking about the line on the Patriots at the bottom of the picture.

 

[godblessiraq]

If the pic is to blurry, here’s exactly what is says:

Will NE Patriots win the AFC championship?

YES +280. NO +360

 

[OzExorcist]

Yeah clear mistake, looks like the No should be -360.

Don't expect to get paid at +360 if you bet that BTW.

 

[godblessiraq]

Yeah clear mistake, looks like the No should be -360.

Don't expect to get paid at +360 if you bet that BTW.

Lol, I did bet it...and they sure as heck refunded the bet about 12 hours later...oh well...

 

[OzExorcist]

That's probably not a bad outcome for you, and it's also an illustration of why it's generally best to not bet obvious error lines like that.

Best case you get your bet refunded - there's no upside for you, and your money has been tied up for some period of time. Worst case they freeroll you - they keep your money until after the market has been settled, grade it as a loser if the Pats somehow win, and just refund you if they don't citing the obvious error in the line.

 

[Synopsis]

You should push for it to be upheld. Let's say it was caught and they made a huge amount of money by people betting the error. You think they would refund you after the fact? I forget exactly what it was but someone got paid out over 80k a month or so ago on some error like that. Initially they canceled it, but he pushed it and they bent to it.

Lol, I did bet it...and they sure as heck refunded the bet about 12 hours later...oh well...