Error Costs Las Vegas Strip Sportsbook About $250KSports Bettors At Bellagio Were Able To Place Wagers On Korean And Chinese Professional Baseball Games After They Had Started |
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An error by an employee of the Bellagio sportsbook may have led to a quarter-million dollar loss for the property.
Over the weekend, bettors at the MGM property on the Las Vegas Strip were able to place bets on Chinese and Korean baseball games after the games were already in progress. These are commonly known as “past-post” bets in the sports betting world.
There were approximately 50 bets placed between 1:30 a.m. and 3 a.m. for games that started between 1 a.m. and 2 a.m. The vast difference in time zones between Las Vegas and the two Asian countries likely led to the error.
According to a New York Post report, it was because of “human error” that the bets were accepted. The outlet also states that all the bets were made at self-service kiosks in the sportsbook.
The biggest winner of the bunch was a bettor who wagered $250 on a 10-team parlay. It came through and will payout $137,107.38. In total, the winning bets will payout about $250,000.
An ESPN report states that Nevada regulators are mulling over whether to force the casino to pay out the cash.
Bookmakers told the Las Vegas Review-Journal that while the gaming regulators generally rule on the side of the bettors in these situations, it’s not without consequence. It is common practice to offer those bettors an option of taking the full winnings, but it comes with a permanent ban from the property.
If the bettor chooses to forfeit the winnings, they will be free to return at any time.
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