Eighty-six gamblers in New Jersey thought they’d found the Holy Grail of sports betting: being able to bet on a game that had already ended
Atlantic City, NJ – It was every sports bookmaker’s dream: to be able to bet on a game after it has ended.
But 86 New Jersey gamblers who thought they were beating the system had their bets on a British soccer game canceled, and the two betting companies involved were fined.
The crash was disclosed in documents made public earlier this month by the New Jersey division of Gaming Enforcement, which has fined Malta-based sports betting technology company Combi Group and Chicago-based Rush Street Interactive for $1,000.
The companies offered a so-called offer or “prop” bet on whether Manchester United’s Marcus Rashford would score a goal in the May 13, 2021 football game between Manchester United and Liverpool. (He has done.)
But because a combi trader based in England accidentally entered a May 14 start date for the game, it enabled people to bet on the event when it became known that Rashford had already scored, According to New Jersey documents.
A total of 86 people from New Jersey made such a bet, winning about $15,000 in total.
New Jersey said Rush Street and Combi previously canceled the bet without obtaining the necessary approvals from the New Jersey Department of Enforcement.
Rush Street said it reported the accident to New Jersey officials.
“We and our partners take compliance seriously, and when partner informed us that one of their millions of betting markets was left open after a European soccer game ended, RSI self-reported NJDGE and fined $1,000. agreed to deliver,” the spokesperson said. Lisa Johnson said.
Kambi has since implemented mandatory additional quality assurance retraining for members of its trading team, and that team is now required to obtain secondary approval from supervisors for all manual entries on its sports data feed, according to regulators.
Kambi did not immediately respond to a message seeking comment on Tuesday.
Follow Wayne Parry on Twitter at @WayneParryAC