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Old 08-02-2006, 04:33 PM   #1
showstopper
 
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Default Hey guys, Do you think this is Shady?

In regards to www.betwwts.com
I played overnight Rangers 500 @+190

However there was a pitching change and the rangers line moved to +118. Keep in mind I had already locked in my bet at +190 the night before. I also bet the "action" and not the individual pitchers themselves, so a pitching change should have had no bearing on my wager.


Well the rangers covered and when the wager was graded, the sportsbook decided to pay me at only +118.

If you log in and click on "help", then "sports betting rules", then "baseball" it clearly states,

"If there is a pitching change prior to the game, money odds will be adjusted. If one scheduled pitcher starts against any unscheduled pitcher, "action" wagers will be computed by the opening price with the new pitcher. A pitcher is deemed a starting pitcher after throwing one pitch."

So it is my interpretation that the Opening price(+190) will still be honored, but i am now risking that opening price with a new pitcher, which was fine with me. Afterall I had taken the "action" , not any individual pitcher themselves.

In another section, they have this stated,
"5.9 If there is a pitching change prior to the game, money odds will be adjusted. If one scheduled pitcher starts against any unscheduled pitcher, "action" bets will be computed by the closing price with the new pitcher. A pitcher is deemed a starting pitcher after throwing one pitch."

If this was the only rule they had on their site, I would understand that I'm out of luck and taken my loss, but because they had the other rule on their website (which is what I saw when I initially placed my wager) I feel as though I should still be paid, or if not, the book should reach some kind of middle ground due to their error.

Does that make sense to you? I know this is only a difference of approx $300 but I just don't see how this is fair. It is a descrepancy on their part for having two different rules on their site regarding a pitching change.


I'd like some opinions.....
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Old 08-02-2006, 04:42 PM   #2
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the NEW opening price not the original opening price.. the rules do seem to contradict but neither ruleset would give you a +190 anyway
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Old 08-02-2006, 04:45 PM   #3
showstopper
 
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no where does it say new opening price
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Old 08-02-2006, 04:48 PM   #4
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OPENING PRICE WITH NEW PITCHER

read pls

this is how ACTION bets work at every site
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Old 08-02-2006, 04:50 PM   #5
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"action" wagers will be computed by the opening price with the new pitcher

That means whatever WWTS opens the new price on the game based on the new picther that is what you have been paid. Action is treated the same around almost 100% of books. If you bet action you open yourself up to the book deciding what the price will be based on the new pitcher. But action also allows you to have action no matter what happens with pitching situation.
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Old 08-02-2006, 04:52 PM   #6
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it doesnt mention the new pitcher's opening price,

it says the opening price (original opening price) with which you are now risking with a new pitcher.

Like I said 2 contradictory rules is the sportsbooks fault
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Old 08-02-2006, 04:54 PM   #7
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thats cool, i just want people's opinions, i just think it's shady to have two different rules up regarding the same situation
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Old 08-02-2006, 04:54 PM   #8
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It doesnt come close to saying that. Perhaps you should read it again and again until you understand what it actually is saying.
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Old 08-02-2006, 04:54 PM   #9
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BOTH rules clearly state that you won't get the +190 in either case.
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Old 08-02-2006, 04:54 PM   #10
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It clearly says the "opening price with the new pitcher." I'm fairly sure this is the way things work with "action" bets which is why I never play that way. Having said that, there is obviously a discrepancy in their ruleset that needs to be corrected, but as Slamm says in neither case should you be receiving +190. That's just the nature of "action".

To answer your question:
You should receive the better of the numbers at the open and close of "action" with the new pitcher in this particular case.
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Old 08-02-2006, 04:55 PM   #11
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Ok, thanks DrSlamm
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Old 08-02-2006, 05:05 PM   #12
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You lost out on 4 points. Pinnacle openned at +122 I believe
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Old 08-02-2006, 05:30 PM   #13
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Bodog is the only book I know of that keeps the price on action, I've heard a few Euro books do as well, standard is new price.
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Old 08-02-2006, 05:47 PM   #14
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Showstopper -

The "standard rule" for action bets allow a sportsbook to change already-made bets to the new odds with a pitching change. Anytime you think a rule is ambiguous, find out what the normal standard is. In this case, their written rule and actions are consistent with the industry standards.
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Old 08-02-2006, 06:37 PM   #15
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Quote:
Originally Posted by Justin7
In this case, their written rule and actions are consistent with the industry standards.
It appears to me that their written rules are inconsistent. One rule declares the price is set at the open of action with the new pitcher, the other rule declares the price set at the close of action.

I think the appropriate resolution in this case would be to give show the better of the two prices after the new pitcher was announced.

I also advise wwts to clarify their language so that additional bettors don't interpret the language in the same manner that show did, which led him to believe he would get the opening price but would have to accept the new pitcher.
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Old 08-02-2006, 06:45 PM   #16
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I wouldn't play anything as action unless trying to trap Bodog.
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Old 08-02-2006, 08:01 PM   #17
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I stand corrected...

The original thread was whether an action bet played at +190 should still pay +190 when there is a change of pitchers. WWTS's rule is unamibiguous as far as that goes.

Regarding whether it should use the opening or closing price, their rules are a little sloppy as Doug mentioned. It is normal for books to use the opening price with the new pitchers (as listed in the first rule, but not the second one.)
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Old 08-02-2006, 09:59 PM   #18
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and the book can set the new price at a number that most benefits them in regards to what they wrote as action, then quickly make it the market average.

No good reason for action at all, other than a strong logical belief a pitching change is likely and you can lock in a superior price at Bodog.
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Old 08-02-2006, 10:14 PM   #19
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pinni will also let you keep the original line if you took action and then theres a pitching change
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Old 08-02-2006, 10:23 PM   #20
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Quote:
Originally Posted by rara51
pinni will also let you keep the original line if you took action and then theres a pitching change
rule # 7 in Pinnacle

In the event there is a pitching change prior to the game, the money-line will be re-adjusted and "action" wagers will be graded using the opening price for the new pitcher.
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Old 08-03-2006, 06:41 AM   #21
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ive done it a couple of times and they have never changed the price on me
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Old 08-03-2006, 01:04 PM   #22
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Are you sure the pitcher changed ? Pinny puts a new pitcher in all CAPITAL letters to make it stand out. They are too sharp not to regrade an actual change.
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Old 08-03-2006, 01:07 PM   #23
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listen i locked mine in at plus190 at 5 dimes the same nite but it was then graded no action and i was refunded cuz of pitching change read the RULES IN THE TOC
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