A pricing error on SkyBet’s Australian football markets sent Twitter into a frenzy. This evening, Matt Findley posted an image of a ticket that appeared to show a 500/1 wager that was won. The 20 pound wager would have returned just over ten thousand equivalent units of currency.
As the tweet has been flagged for mature content (fuck the communists), here is a screenshot to ensure that everyone can see it:
The wager was on a -7 goal handicap in a match between Adelaide Victory, and the youth squad of Adelaide United. The wager was placed when the younger side was leading 7-3 at the 55′ mark. The final score of the match was 12-3, causing the market to cover, and the wager to win.
Here is a closer look of the betting slip from SkyBet:
After he appeared to have won 10,020.00 British pounds, SkyBet altered the wager to change the price from 500/1 to 20/1. This sent the British corner of Twitter into a frenzy. Threats were sent from multiple people claiming they would close their accounts if this individual was not properly compensated for this wager.
It turns out that there was a significant pricing error. Rather than having the market at 500/1, the youth squad should have been 5/1 to win with an applied handicap of -7. No pitchforks today.
In a sign of good faith, and given the fact that this person was the only human being to bet on a -7 spread in the most random Australian football game possible, SkyBet offered him a 20/1 payout in the end. Skybet have always been fair to their customers, which was witnessed just a few weeks ago when they paid out both Silva and Toure goalscorer markets when the scorekeeper made an error in City’s match against West Bromwich Albion.