SBR Forum - Free Picks & Sports Handicapping LegendZ The PIG WSEX
BetPhoenix BetJamaica Matchbook BetOnline
Carib 5Dimes The Greek Intertops
SBR Recommended Sportsbooks
1. Pinnacle Sports ... SBR Rating A+ ... Pinnacle Sports Review
2. The Greek Sports Book ... SBR Rating A+ ... The Greek Review
3. BookMaker ... SBR Rating A+ ... BookMaker Review
4. BetJamaica ... SBR Rating A+ ... BetJamaica Review
5. LegendZ Sports ... SBR Rating A+ ... LegendZ Review
Posters' Top Rated Sportsbooks
1. Matchbook ... 195 total points ... Matchbook Review
2. BetJamaica ... 182 total points ... BetJamaica Review
3. The Greek Sports Book ... 160 total points ... The Greek Review
4. Pinnacle Sports ... 130 total points ... Pinnacle Sports Review
5. 5Dimes ... 125 total points ... 5Dimes Review
Go Back   Sports Handicapping, Betting & Picks - SBR Forum > Sports Betting, Sportsbooks & General Discussion > Players Talk

Reply
 
Thread Tools Display Modes
Old 03-04-2006, 09:09 AM   #1 (permalink)
Tchocky
SBR MVP
 
Tchocky's Avatar
 
Join Date: 02-14-06
Posts: 2,003
Tchocky is online now
Default Cancelling Pending Wagers

I know this may sound like a stupid question but do any online sportsbooks let you cancel pending wagers? Why shouldn't you be able to cancel a wager if the game hasn't started yet? A lot can happen from when you place a wager and until game time. Just curious....
Reply With Quote
Old 03-04-2006, 09:11 AM   #2 (permalink)
Santo
SBR MVP
 
Santo's Avatar
 
Join Date: 09-08-05
Location: England
Posts: 1,488
Santo is offline
Default

That's exactly why... why should they let you cancel when something goes against you, but you'd expect it to stand if one of the other team pulls up in warmups..
Reply With Quote
Old 03-04-2006, 09:30 AM   #3 (permalink)
pjesnik24
SBR Sharp
 
Join Date: 11-01-05
Posts: 419
pjesnik24 is offline
Default

because they are changing lines because of your bets and because you want to take advantage of the early line.
If you are not sure if you want to make a bet for that game then wait 10 minutes before the game and make your bet.

early lines can be an advantage but can also go against you later. it is the risk you take with the early lines
Reply With Quote
Old 03-04-2006, 10:39 AM   #4 (permalink)
Mudcat
SBR Hall of Famer
 
Mudcat's Avatar
 
Join Date: 07-21-05
Location: Canada
Posts: 5,582
Mudcat is offline
Default

Some books will let you cancel a pending wager if the line hasn't moved. CRIS has done this for me. I remember Intertops did this for me a long time ago - and they e-mailed me a little lecture about how I really need to be more careful before I confirm. LOL!

I know there have been a couple more times I have been allowed to do this - but it's never something I automatically expect. That is above-and-beyond Customer Service.

Anyway your question is more about cancelling pending wagers as a betting strategy than quickly correcting a mistake. If you ever find a book that allows that, make sure you let everyone here know - but in all seriousness, it ain't gonna happen.
__________________
Help me. I am trapped on the roof by a plastic bag stuck on a shingle that is flapping in a threatening way.

Reply With Quote
Old 03-04-2006, 12:57 PM   #5 (permalink)
JoshW
Moderator
 
JoshW's Avatar
 
Join Date: 08-10-05
Posts: 2,656
JoshW is online now
Default

The Greek will let you if line hasn't moved. But Santo answers your question. If books allowed this, advantage players would make bets they thought were good leads, and if they didn't work out just get rid of them. People could play both sides, etc.

I remember Gamebookers used to let you sell your bet back to them at any time based on odds, but they didn't offer very much to you. 30% less than what the bet was worth or more. Would be cool maybe if some book, let you do the same but only charged say 5%.
Reply With Quote
Old 03-04-2006, 04:39 PM   #6 (permalink)
Dark Horse
SBR Hall of Famer
 
Join Date: 12-14-05
Posts: 7,213
Dark Horse is online now
Default

I once played a large number of round robins, but made a mistake. Instead of 2-team round robins, they were 9 teamers (or something close to that, can't remember). I had just scrolled down the page to the total number of bets, not realizing that there were two different options. I did notice that the maximum payout was higher than I had expected -like the price of a house-, but didn't really have a problem with that. I only realized my mistake the next morning, still before kickoff, but no longer with exactly the same lines. The book allowed me to cancel. Not a problem at all.

Name of the book? Canbet. No idea why they're not among the A+ books; 107 juice for NFL and NBA, safe country, great CS, great flexibility all around. The Ozzies get it: "No worries, mate".

Pity they have no referral bonus.
Reply With Quote
Old 03-04-2006, 08:23 PM   #7 (permalink)
isetcap
SBR MVP
 
Join Date: 12-16-05
Posts: 4,143
isetcap is offline
Default

Quote:
Originally Posted by Tchocky
I know this may sound like a stupid question but do any online sportsbooks let you cancel pending wagers? Why shouldn't you be able to cancel a wager if the game hasn't started yet? A lot can happen from when you place a wager and until game time. Just curious....

HAHAHAHHAHAHHAAHHAAHA!

This is a joke, guys. Good one, Tchoc.
Reply With Quote
Old 03-04-2006, 10:46 PM   #8 (permalink)
tacomax
SBR Hall of Famer
 
tacomax's Avatar
 
Join Date: 08-10-05
Posts: 5,626
tacomax is offline
Default

Quote:
Originally Posted by isetcap
This is a joke, guys. Good one, Tchoc.
This is no joke, isetcap - it's a very serious subject. If any book will regularly cancel wagers then let me know. If they're willing to cancel wagers mid-game then even better.
Reply With Quote
Old 03-04-2006, 10:51 PM   #9 (permalink)
onlòóker
SBR Posting Legend
 
onlòóker's Avatar
 
Join Date: 08-10-05
Location: Area 51
Posts: 19,662
onlòóker is online now
Default

Same thing here, they will cancel your wager if the line had not moved since the wager was placed. They frown on it, but most of the time they will do it. But thats why they tell you to check your tickets before you leave the window. They dont have to cancel if they dont want to.
Reply With Quote
Old 03-05-2006, 12:21 AM   #10 (permalink)
isetcap
SBR MVP
 
Join Date: 12-16-05
Posts: 4,143
isetcap is offline
Default

As soon as I get about 10 million I want to evenly distribute amongst degenerate cheaters, I'm going to open a book and let players cancel their wagers whenever they want to, even after the outcome.
Reply With Quote
Old 03-05-2006, 02:20 AM   #11 (permalink)
ourbet
SBR Sharp
 
ourbet's Avatar
 
Join Date: 12-23-05
Location: Bangkok, Thailand
Posts: 474
ourbet is offline
Default

Quote:
Originally Posted by isetcap
As soon as I get about 10 million I want to evenly distribute amongst degenerate cheaters, I'm going to open a book and let players cancel their wagers whenever they want to, even after the outcome.
Great news isetcap!!! Tell me, will your book also give sign-up bonuses and re-ups? ...and can you tell me please what the rollover requirement is too? ...and, and will you being doing juice at +110 at all?

This book...I really wanna join!!!
Reply With Quote
Old 03-05-2006, 03:12 AM   #12 (permalink)
onlòóker
SBR Posting Legend
 
onlòóker's Avatar
 
Join Date: 08-10-05
Location: Area 51
Posts: 19,662
onlòóker is online now
Default

www.cancelwagersanytime.com

Reserve that domain Iset.
Reply With Quote
Old 03-05-2006, 04:38 AM   #13 (permalink)
imgv94
SBR
 
imgv94's Avatar
 
Join Date: 11-16-05
Location:               
Posts: 18,143
imgv94 is offline
Default

I have cancelled wagers before. Both times they were right after
I bet them though. It's something I imagine you can do just not
too much.
Reply With Quote
Old 03-05-2006, 01:51 PM   #14 (permalink)
Tchocky
SBR MVP
 
Tchocky's Avatar
 
Join Date: 02-14-06
Posts: 2,003
Tchocky is online now
Default

Thanks for all the feedback guys. Initially, it sounds like a stupid question but many of you have reported that some sportsbooks have allowed you to cancel pending wagers. I think this is good information for people who are relatively new to the forum.
Reply With Quote
Old 03-05-2006, 07:48 PM   #15 (permalink)
isetcap
SBR MVP
 
Join Date: 12-16-05
Posts: 4,143
isetcap is offline
Default

Quote:
Originally Posted by ourbet
Great news isetcap!!! Tell me, will your book also give sign-up bonuses and re-ups? ...and can you tell me please what the rollover requirement is too? ...and, and will you being doing juice at +110 at all?

This book...I really wanna join!!!
I'm going to have all of that with 5 times rollover requirement, but you can count your cancelled wagers as action! So that I don't have to waste overhead on a line service, I'm going to let players make their own lines.

But, I'm also going to take all the customer service people from CRIS so you can count on having the Worst Service in the Industry.
Reply With Quote
Old 03-05-2006, 07:50 PM   #16 (permalink)
imgv94
SBR
 
imgv94's Avatar
 
Join Date: 11-16-05
Location:               
Posts: 18,143
imgv94 is offline
Default

Forget it, I was ready to sign up but if your CS is those people at
CRIS then no way dogg..
Reply With Quote
Old 03-05-2006, 07:53 PM   #17 (permalink)
isetcap
SBR MVP
 
Join Date: 12-16-05
Posts: 4,143
isetcap is offline
Default

Quote:
Originally Posted by imgv94
Forget it, I was ready to sign up but if your CS is those people at
CRIS then no way dogg..
See! This is how I keep all the sharps away from my site!!!
Reply With Quote