Sports Book Refunds Money On Arkansas Loss | TigerDroppings.com
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Sports Book Refunds Money On Arkansas Loss

The online sports book SportsBettingOnline.ag is refunding money to any customer who placed a bet on Arkansas before the Hogs’ 34–31 upset loss to Louisiana-Monroe on Saturday. The Hogs were 30.5-point favorites and choked away a 28-7 lead to lose in overtime. SportsBettingOnline.ag's Dave Johnson said...
quote:

“The loss was unbelievable, and to profit from it really doesn’t sit well with us,” “That’s why we’re refunding every single player who dropped money on Arkansas to win. It’s the right thing to do and we’d be shocked if other online sports books don’t follow our lead.”

Filed Under: SEC Sports, Arkansas
Originally published on SECRant.com

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Dubaitiger - 27 months ago
Someone did bet $3000 on ULM at 40-1 and won $120,000. That person wanted to bet $5,000 but the books refused and maxed it at 3K.
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LSUbase13 - 27 months ago
Marketing ploy (and a good one at that).
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bigred1600x - 27 months ago
does not compute
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ufg8rh8r - 27 months ago
Definitely a PR stunt. Probably not a huge amount on the Arky side so they are stealing a page from the Pacquiao/Bradley book and refunding money to get some free press. What they don't tell you is that the refunded money has to be rolled over 3 times before you can withdraw, and the rollover has to be laid on a side and not a money line.
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willeteal - 27 months ago
I guess that means no one bet on ULM at +40000 or whatever it was
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TigerintheNO - 27 months ago
How many people really bet on Arkansas to win?

They didn't say that they were refunding the money to the people who bet on Arkansas to cover, only on those that bet on Arkansas to win.
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bigcobra - 27 months ago
interesting
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lsutigernosaint - 27 months ago
Isn't this kind of the point of gambling?
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Brian Wilson - 27 months ago
Total BS. If you lose, you lose.
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Cousin - 27 months ago
It's all about PR
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