UK online betting firm SkyBet accidentally offered the wrong odds for a football match last weekend, causing outraged players to complain to the Daily Mail newspaper.
SkyBet had offered a 25:1 odds for a Paris Saint-Germain in its Champions League match against Chelsea last week via its mobile app. The club ended up coming from behind and won the match on away goals, causing players who took the bet to cash in. SkyBet claims that the odds were offered in error, and only paid out the bets at a rate of 9:2.
The betting firm says that it reserves the right to modify bets whose odds were placed in error, and that players agree to terms and conditions that spell that rule out.
The row eventually found its way to the world of politics where Labour Party MP Graham Jones grandstanded, calling SkyBet "a rip-off company willing to take their customers to the cleaners and deceive them. This is typical of the gambling industry."
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