Published 2 months ago

Ohio sportsbooks voided $77 million in bets over 13 months, frequently citing 'obvious errors'

Summary by Ground News

Sportsbooks have voided more than $77 million in wagers since Ohio legalized sports betting. Those refunded bets are barely a blip on the balance sheets of the nation's largest sportsbooks. Most states don't scrutinize voided bets very closely and rarely release financial information about them.

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WCPO Cincinnati

Ohio sportsbooks voided $77 million in bets over 13 months, frequently citing 'obvious errors'

Garrett Price hit it big on the first game of the NBA season five months ago.We went nuts, said Price, a Newark resident who bets regularly on multiple sportsbook apps. There was pandemonium in my house when that hit because you turned a $100 bet? Yeah, a $100 into $14,000. Thats a pretty good night.But that was before Draft Kings canceled his bet as an obvious error.Ohios sports-betting law allows bets to be voided for obvious errors as long as…

2 months ago·Cincinnati, United States

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