Player bets Kahn to win in 5. The fight is called in round 5 because of the bloody head of Barrera due to a head clash. How do you grade the wager?
Thanks
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Player bets Kahn to win in 5. The fight is called in round 5 because of the bloody head of Barrera due to a head clash. How do you grade the wager?
Thanks
SBR Founder Join Date: 8/10/2005
The bet was graded a push since a rule states that a decision, Technical included, reverses to the previous round for round betting. Confusing, but I like to believe it was graded this way across the board.
Edit: 031809 1025 - The bet was graded a loser.
Last edited by The General; 03-18-09 at 09:26 AM.
SBR Founder Join Date: 8/10/2005
It is Centrebet and
3.5 Boxing
All bets on either boxer to win will be decided by the judges' decision, which includes points, technical knockout (TKO), knockout (KO) or disqualification.
If a price is offered for the draw, in the event of a draw all bets on either boxer to win will be losers.
In round-by-round betting, if a boxer fails to answer the bell, the fight will be deemed to have ended in the previous round.
SBR Founder Join Date: 8/10/2005
The player is stating that he wagered Khan to win in 3,4 & 5 prior to the match. Apparently since it did not go to the scorecard, the wagers are losers? He was refunded the amount of his 5th round wager.
SBR Founder Join Date: 8/10/2005
I am seeking to understand Centrebet's rules regarding this grading.
SBR Founder Join Date: 8/10/2005
I have asked them to review this thread and also a thread at Betfair forums discussing this decision.
SBR Founder Join Date: 8/10/2005
We appreciate your feedback, guys.
Thank you
SBR Founder Join Date: 8/10/2005
If referring to the rules, I copied at the onset of the complaint and they were as listed above on the TOC's and boxing.
SBR Founder Join Date: 8/10/2005
I found this article while attempting to understand the decision this morning.
Northern Ireland’s Joe Swail has found himself snookered on a boxing bet with Paddy Power.
It all centres around Amir Khan’s win last Saturday night over Mexican legend Marco Antoinio Barrera.
The result caught most of the layers on the ropes as their boxing rules were not clear in providing a definitive settlement.
So it was a case of variations on a theme and while some waited for PP to pay out on cue or return stakes as is their wont in such situations, it was rival firms instead who settled on the different scenarios.
Paddy Power are sticking solidly to their view that the decision was a points win for Khan, although the fight was stopped by the doctor in the fifth round after Barrera suffered a cut through an accidental clash of heads.
Joe’s bet was for Khan to win by a knockout or a TKO (3-1) at anytime in the fight which many would view as the fight not going the distance.
But it’s not a simple as that since the introduction of a points decisions if a fight is stopped by way of an accidental cut.
The boxing authorities feel that it is a fairer outcome as a boxer could be miles in front on points and then be forced to retire through no fault of his own.
And while Barrera was on his way to defeat and would probably have been knocked out anyway, the official decision was a technical points win for Khan as he had won all five rounds on the three judges scorecards.
PP have a rule which states: “Where a contest finishes before the completion of the scheduled number of rounds and the winner is decided by the judge’s scorecard (technical decision/technical draw), then all round bets will deemed losers.”
Now while the Swail bet did not specify a round, it actually covered the fight not to be decided on points.
The firm’s argument and a correct one is that the fight was indeed decided on points.
For example, if Barrera had been ahead on the scorecards, he would have been the victor, even though he was forced to quit.
If Joe had done his bet with Coral, Hill’s, Ladbrokes or Stan James, he would have been paid as they settled on a fifth round TKO.
McLean’s settled the same way as PP. Their rule is absolutely clear, namely: “Where a contest is stopped and the result determined by points, then for betting purposes the contest has gone the distance and ‘on points’ will be successful and bets on inside the distance will be losers.”
http://www.belfasttelegraph.co.uk/sp...-14231343.html
Centrebet has provided me with this note:
In regards to your query on the grading, If either fighter wins the bout
? by the other fighter being unable to continue or failing to answer the
bell ? then the market is paid on the winner and round. If the fight
goes all 12 rounds, or is determined by technical decision, the market
is paid on the winning fighter ?By Decision?.
The winning option was Khan, Amir by decision. All bets placed on
rounds 3, 4 and 5 were losing bets.
However, we understand the confusion and without setting any precedent
for the future have refunded his *** EUR on KAHN, Amir Round 5 as a
gesture of goodwill.
SBR Founder Join Date: 8/10/2005
I think McLeans have the most logical rule, and Centrebet (and Paddy) would do well to adopt it if they want to stick with this interpretation. I can actually see this one both ways; but as in the WBC post yesterday I think if in doubt you have to settle by the letter of the rules.
As they say "For all bets on a boxer to win on points, the full scheduled number of rounds must take place for the bets to be deemed winners." the McLean rule obviously isn't in place, and thus I think they should have graded it a win.
SBR Founder Join Date: 9/8/2005
It's an Irish Brick & Mortar shop / chain (?), no web presence. Back when I was betting horses a lot they had a teletext (not sure if you have that in the US) service where you could phone up.
SBR Founder Join Date: 9/8/2005
Are you sure that PP have NOT paid on "by decision" ? They have Points or decision option for Method of Victory market for this weekend's fight.
Bet365 has settled it as Technical decision win for Khan for Round betting, Round group betting and Fight outcome (method of victory) markets and they had "Khan by decision or technical decision" (NOT Khan on points) as one of the options for all three markets.
SBR Founder Join Date: 10/1/2005
Tom
I think you are mixing it up with two different markets vis-a-vis PP. The guy mentioned in the article made a bet on Khan by KO/TKO as Method of victory. PP seem to have settled it as Khan by Points/Decision and it seems fair because it was a TD not a TKO.
But, for round betting, they don't have "points or decision" as one of the betting options but draw is there!! It is a potential freeroll option for them given their rule.
This weekend's round betting:
http://www.paddypower.com/bet?action...7&disp_cat_id=
PP's rules:
Round By Round Betting
Where a boxer fails to answer the bell for the next round, his opponent shall be deemed to have won the contest in the previous round. If for any reason a points decision is awarded before the full number of rounds are completed, bets will be settled on the round in which the fight stopped. Bets which nominate to "win on points" will only be deemed winners if the full number of rounds are completed. Should for any reason the scheduled number of rounds be changed, all round by round bets will be void.
Where a contest finishes before the completion of the schedule number of rounds and the winner is decided by the judges' scorecards (Technical Decision/Technical Draw) then all round bets will be deemed losers.
But, doesn't first part in bold contradict the second one ?
SBR Founder Join Date: 10/1/2005