Horse Betting Mistake Cost Punter Dearly

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Posted: December 12, 2019

Updated: December 19, 2019

  • Punter claims he lost out on a £212,000 payout
  • He filled wrote down the wrong horse's name on a 6 fold accumilator.
  • He still won £23000
  1. Ardera Cross with odds of 40/1
  2. Indian Temple with odds of 7/1
  3. Bailarico
  4. Shanroe with odds of 9/2
  5. Pennsylvania Dutch with odds of 15/2
  6. Sir Busker with odds of 4/1

When filling out his betting ticket, the same way you would with Bet 360 Sportsbook,Smith wrote in Bailarico. He claims that he was confused and wanted to write down Bialco. After he realized that the latter horse had just won a race in Australia, but before Bailarico had actually run, he bought his mistake to the attention of a member of staff in the shop. He also claims that he was then told not to worry. They would pay him out on his intention to write the name Bialco. Unfortunately for him, the company declined to pay out on the horse. He now wants to take the matter to the Independent Betting Adjudication Service.

To Pay or Not To Pay, That Is The Question

The issue here is whether the company need to pay out on the “spirit of the bet”. It’s true that the punter thought about betting on Bialco. He wrote on his ticket the initial of the course along with the time of the race but wrote it next to the wrong horse, Bailarico. Duh! Betfred say that paying out in such a situation would set a dangerous precedent. And they have a point. Would any other sports books in the UK pay out?

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Me: My one’s a certain winner. Bookmaker: Hold my beer!

Tomatoes or Potatoes

Punters could simply write down the names of horses with similar sounding names along with the times of different races. Then they could later claim that, oh dear, they meant to write a different one….depending on the winning outcome of course. How about the other way around: would Mr Smith insist on receiving nothing if Bialco had lost and Betfred wanted to pay him for Bailarico. Probably not! That’s why it’s highly unlikely that the IBAS will take his side. He should simply accept the hard fact that he is a total retard. On the other hand, he certainly understands how betting works.

A Horse Betting Mistake: I Forgot My Glasses

David Smith points out that according to Betfred’s own rules, in cases of an “ambiguous” nature, the stakes can be split. To complicate matters further, the bet was on an accumulator. This would, as things stand, give the punter a payday of £90,000. Rather more than the £23,000 on offer. He goes on the say that the shop promised him the larger payout at the end of the day. Gonna cry?
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A horse betting mistake you’re gonna regret

 Let’s Blame the Manager

For the shop to pay out, they need the proper authorization. And this didn’t come as they only allowed the smaller amount. Smith visits this betting shop on a regular basis. (Maybe he should stay at home and try Bet360 Sports book next time). He says that the manager who works there would of spotted the error. But let’s face it, in spite of his horse betting mistake, Smith still gained £23,000. So on a related note, we are dealing with a man-child crybaby!

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