Sports book posts wrong starting time for game…say 1:00 pm, when in fact it is an hour earlier. In the time after the game started but before the posted start time, someone places a bet.
What happens? Is the sports book obligated to honor the wager if the bettor wins?
I don’t have a factual answer, but I do remember reading this story a while back (p. 106):
The gist of it was that a Major League baseball game began early. The visiting team (San Francisco) took a 6-0 lead before the game’s original start time. Many ESPN employees placed huge bets on San Francisco. The Giants somehow blew their big lead and lost the game, costing the bettors a lot of money.
This also happened a lot in the military (esp. the Korean War), since Armed Forces Radio would stagger the broadcast of games. I learned this from this very realistic documentary I saw on TV on the subject.
If the book accepted the bet, then yes, it must honor it. However, it is illegal in Nevada to accept a bet after the event has ended. The book is also under no requirement to accept the bet once the event has started, regardless of the stated time of the event.
The rules used at William Hill sportsbooks say that a bet on a game is valid if the game was played on the specified day; it says nothing about time.
My agency, sportsbet.com.au just nulls the result and gets its money back, and has a whole raft of conditions which allow reneging on bets. Probably similar terms for all Australian agencies.
I once “won” a bet at a different joint, based on someone not scoring a goal in a World Cup. It didn’t pay out, I complained and was informed (after the fact) that if the player in question didn’t play, it didn’t count.
I think they’d probably refund automatically, it’s a pretty competitive market. They often give free bets, pay out before a result is in, and advertise heavily. So probably avoid bad karma if possible.