Sportsbet Early Payout Fails

Sportsbet have always tried to stay one step ahead of its competition through innovative ideas that keep the punters coming back. Cashing out early on multis, bet refunds and bookie cash cards are all things that Sportsbet have embraced in its quest to be the best, but sometimes these innovations can back fire as often happens with the early payout system. Sportsbet will often payout early on events that look like dead certs even though it has been proven beyond doubt that sport and betting in general is about as predictable as the Melbourne weather.

So here is a look at the best fails from the Sportsbet early pay out system just so we can all have a good laugh at the bookies getting it totally wrong.

 2011 Brownlow Medal

It’s 2011 and there is an amazing amount of optimism buzzing around the Carlton Football Club. They are a team that is seemingly on the rise finishing fifth on the ladder after years of battling it out for the wooden spoon. In midfielder Chris Judd they have one of the best players the game has ever seen, a fact that was underlined with him taking out the 2010 Browlow medal. With this astonishing resurgence the bookies quickly jumped on the Carlton bandwagon and installed the former West Coast star as the $1.90 favourite to take out the award again. Sportsbet took the issue one step further when they decided to pay out on the Carlton star early. Over $300,000 was paid out to punters even before vote counting had started with Sportsbet’s Hayden Lane stating,

“We’re certain we’d be paying out on Juddy on Brownlow night as it is so punters might as well enjoy their cash early.”

How wrong they were. Juddy would eventually finish tied for fifth spot on 23 votes while Collingwood’s Dane Swan took out the win on the night. How embarrassing.

2009 PGA Championship

In 2009 there was really only one player on the golfing circuit, Tiger Woods. The guy was unstoppable thanks to a drive that other golfers can only dream of and approach play that seemed to be guided by the hand of God himself. So when the great man went in to the final round of the 2009 PGA Championship two shots in the lead no one thought he would fall over. So certain were Sportsbet owners Paddy Power that they paid out $2.5 million before the tournament had even finished. DOH! Because Tiger would eventually lose to Korean golfer Y.E. Yang who overhauled him to win by three shots thus becoming the first Asian born male to have won a major championship.

“It takes a special kind of dimwit to turn what should have been our best-ever golf result into our worst,” Paddy Power said. “Paddy Power punters are obviously the big winners here and have made like bandits getting paid out on Tiger as a winner.”

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October 11, 2015 by : • No Comments

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