A part of the recent sanctions that the NCAA leveled against Penn State was the vacation of all wins in the program from 1998 to the present day.
I was wondering how that would affect (if at all) gambling results. Suppose Penn State played against Podunk U. in 2000 (or any other year for which the victories have been vacated) and won the game. At that time, I placed a bet (in a jurisdiction where sports gambling is legal) on Podunk and lost. Now that the victory has been vacated, can I go back to the house and tell them that it should be a “push” (since neither team won) and ask for my money back?
Suppose I bet on Penn State and won? Can the house now ask me to return my winnings since the win was vacated?
Zev Steinhardt