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Thread: FanDuel changes T&C after having to payout $2.2 million in parlay bets

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    Platinum 1dollarboxcar's Avatar
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    FanDuel changes T&C after having to payout $2.2 million in parlay bets

    so the way i understand it is that there was a home run parlay bet circling around X (twitter) and a lot of people hit it ( i am not sure how many legs ) one person cashed in over $100k with many others cashing in large sums also, so FanDuel changed their terns and conditions and in the future they can refuse to pay you if they think you colluded with other bettors to come up with a "decent" multi leg parlay... or if you're one of these gurus that gives out a free parlay pick as your marketing scheme and it goes viral and it hits, or if a bunch of sharp bettors get together and put together a parlay, they can refuse to pay... kinda hard to prove i would think...
    Druff should do emergency radio on this...

    https://twitter.com/incarceratedbob/status/1937561568570458362



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    Diamond BCR's Avatar
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    Glad I looked. Was about to post about this in wagering thread. That rule is way too broad.

    Them having the discretion to not pay what they consider widely circulated parlays seems like a bad business decision. Every night you see the same 12 leg parlays that pay $70k on $100. Eventually one was going to hit. Feels like a bad business move to make everyone afraid to bet some crazy parlay that has to be profitable to the book in the long run.

    If I was someone who bet those crazy parlays, now I’m looking at Twitter and if I see someone post some 10 leg parlay I’m going to be worried they’ll make it ineligible the once a decade it hits.

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