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Anyone who's done sports betting would already know this wouldn't pay out. I ended up losing a $500 bet in Las Vegas on a Soccer game because the game went int

Anyone who's done sports betting would already know this wouldn't pay out. I ended up losing a $500 bet in Las Vegas on a Soccer game because the game went into extra time. Even though the team I bet on won, the fine print didn't cover it and they took all my money. The betting companies are ruthless and will screw you in every way possible.

giancarlostoro 9mo ago
Did they even have "extra time" as an option? This feels like a scam if every bet "lost" their money.
- dudefeliciano 9mo ago
  If the teams go over time it’s a tie by (regular) game end
  - giancarlostoro 9mo ago
    Ah makes sense.
dash2 9mo ago
Polymarket isn't on the other side of those bets though. It's a two-sided market. I don't think Polymarket even sets the terms of the bets, or adjudicates them?
TZubiri 9mo ago
You know there's crazy conspiracies and there's sensible conspiracies. That casinos are out to fuck you is a sensible conspiracy that no one doubts, so I will look like a naïve idiot when claiming that the casino/sportsbook isn't actually out to get you in this case. What you ran into is a fairly standard term, and you were equally likely to be benefitted by it. If you would have bet that the team tied, and the match went to extra time before deciding on a victor, you would have gotten an unexpected payout. There's other ways they fuck you over, this just isn't one of them.
- lxgr 9mo ago
  > That casinos are out to fuck you is a sensible conspiracy that no one doubts I absolutely doubt it. Why would they even need to? Seems like much more risk and work than to just rely on negative expected values, the law of large numbers, and human nature.
  - TZubiri 9mo ago
    A couple of ways: 1- Having each game have negative odds for the player to begin with. 2- Making it conveniently easy to deposit, but very hard to cash out, at that point compliance and KYC suddenly becomes very important to casinos. 3- Using shady jurisdictions to avoid law enforcement (Curacao, isle of man,etc...) 4- Banning players that find an edge, like in BlackJack. (Was way worse before, using physical coercion) 5- Prosecuting players that find an edge and recovering the money when they lose (see Phil Ivey's case)
  - rightbyte 9mo ago
    Online casinos certainly try to make any excuse to not let you withdraw money

giancarlostoro 9mo ago

Did they even have "extra time" as an option? This feels like a scam if every bet "lost" their money.

dudefeliciano 9mo ago
If the teams go over time it’s a tie by (regular) game end
- giancarlostoro 9mo ago
  Ah makes sense.

dash2 9mo ago

Polymarket isn't on the other side of those bets though. It's a two-sided market. I don't think Polymarket even sets the terms of the bets, or adjudicates them?

TZubiri 9mo ago

You know there's crazy conspiracies and there's sensible conspiracies. That casinos are out to fuck you is a sensible conspiracy that no one doubts, so I will look like a naïve idiot when claiming that the casino/sportsbook isn't actually out to get you in this case. What you ran into is a fairly standard term, and you were equally likely to be benefitted by it. If you would have bet that the team tied, and the match went to extra time before deciding on a victor, you would have gotten an unexpected payout. There's other ways they fuck you over, this just isn't one of them.

lxgr 9mo ago
> That casinos are out to fuck you is a sensible conspiracy that no one doubts I absolutely doubt it. Why would they even need to? Seems like much more risk and work than to just rely on negative expected values, the law of large numbers, and human nature.
- TZubiri 9mo ago
  A couple of ways: 1- Having each game have negative odds for the player to begin with. 2- Making it conveniently easy to deposit, but very hard to cash out, at that point compliance and KYC suddenly becomes very important to casinos. 3- Using shady jurisdictions to avoid law enforcement (Curacao, isle of man,etc...) 4- Banning players that find an edge, like in BlackJack. (Was way worse before, using physical coercion) 5- Prosecuting players that find an edge and recovering the money when they lose (see Phil Ivey's case)
- rightbyte 9mo ago
  Online casinos certainly try to make any excuse to not let you withdraw money