SuperBook Fined $20K for UFC Betting Glitch
A computer glitch at bet365 caused a mix-up in winning bets for the ufc tonight fight between William Knight and Maxim Grishin. The new jersey Division of Gaming Enforcement (DGE) stepped in, ordering bet365 to rectify the issue and imposing a $20,000 fine on SBOpco LLC, responsible for licensing and compliance.
The incident occurred when bets were incorrectly swapped, with those who picked Maxim Grishin as the winner losing their wagers. The DGE's investigation revealed that SBOpco LLC had not honoured bets made under incorrect odds displayed due to a system error. This error happened before bet365's decision to shut down most of its online platforms in the US, including new jersey, to focus on Nevada operations.
The DGE fined SBOpco LLC $20,000 for altering wagers on the 2022 ufc tonight fight. The company was ordered to pay the rightful winners, ensuring justice for those affected by the glitch.
The computer glitch at bet365 led to a mix-up in winning bets for the William Knight vs. Maxim Grishin ufc tonight fight. The new jersey Division of Gaming Enforcement intervened, fining SBOpco LLC and ordering the correct payouts to be made. This incident serves as a reminder of the importance of robust systems and oversight in sports betting.
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