Internet based sports wagering site Sportsbook.com announced that it will be refunding bets on the controversial Monday Night Football game between the Green Bay Packers and Seattle Seahawks that ended in controversy.
Russ Candler, the founder of Sportsbook.com said that his company would refund bets placed on the Packers, who lost on a last second Hail Mary Pass that was incorrectly called a touchdown that gave the Seahawks a 14-2 win.
The game shifted between $150-250 million in bets. Sources in Las Vegas claim that 70% of bets placed were on the Packers, and if the game were called correctly casinos would have paid out $7.6 million and collected $3.6 from bets on Seattle. The error instead turned the bets to where casinos paid out just $3.2 million and brought in $8.4 million.
While making an announcement about refunding the punters Candler said: "I can’t stand winning unfairly so I am going to give the punters their money back."
Good on them. This really is the right thing to do. A lot of people got screwed by the incompetency of a few. Kind of reminds me of government...