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BetMGM.com fined $500 for Player Prop Pricing Error

Baker Mayfield was one of two players involved in a Prop Bet that caused issues for BetMGM
Baker Mayfield was one of two players involved in a Prop Bet that caused issues for BetMGM
By Neil Monnery

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Sometimes bettors look at odds and think that what they are being offered is just too good to be true. Most of the time that just isn’t the case. For nine eagle-eyed bettors looking at Prop Bets in the Browns-Chiefs playoff game in January however, what they were seeing was exactly that.

A typo on the betting market on the over/under 300 yards of completed passes for both starting Quarterbacks in the game - Baker Mayfield and Patrick Mahomes - meant that rather than the number actually being 300 yards - the number was 00 yards. So any completed pass for a yard or more would see the over hit. As it turns out, the two players combined for 459 yards so the over rather easily hit on both prop bets.

Five customers of BetMGM and four of the MGM Resorts International owned Borgata Online jumped on the incorrect odds before the typo was amended. After initially seeking to null and void the bets - the companies agreed to pay out $10,500 and the company confirmed that the erroneous bets have indeed been settled in full.

BetMGM NJ Bonus Codes & Review

The New Jersey Division of Gaming Enforcement revealed the error whilst fining BetMGM.com $500 for failing to properly display odds on a betting market.

So this is a heads up for all sports bettors - sometimes mistakes happen and when it is the book making the error they sometimes will still pay out. In the small print you’ll see that they have procedures in place to void all these bets but sometimes they’ll still voluntarily honor the bets to stop bad publicity.

So if you ever see a line where the odds are seriously out of line with what other Sportsbooks are offering - jump on as quickly as possible. Either the bet will be void and you’ll get your stake back anyway or you might win big.

If you are a sports bettor in NJ then we have special sign-up offers with both BetMGM.com and Borgata - you can check them out and our Reviews of their websites via the buttons links in this article.

Borgata NJ Bonus Codes & Review

100% first deposit bonus up to $250

21+,T&Cs apply,Only 1x Wager

Up to $1000 risk-free first bet

New customers,21+,T&Cs apply,NJ only.

Up to $250 risk free bet

21+,NJ residents,T&Cs apply

Bet $50,get $50 (100% deposit match)

21+,T&Cs apply,Please gamble responsibly

Up to $1000 in 4 risk free bets

New Customers only,T&Cs apply,21+,NJ only.

Get $100 in free bets when you bet $20

Min $25 stake,New Plyrs,21+,T&Cs apply

Up to $500 in bet credits

Up to $500 in Bet Credits for new customers . Make a min $10 deposit,place bets to deposit value,once they are settled,matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply.

Get a $5000 Risk Free Bet

New Customers Only,21+,T&Cs apply,NJ only.

$500 Risk Free Bet

21+,New Customers,T&Cs apply,NJ only.
100% first deposit bonus up to $250
21+,T&Cs apply,Only 1x Wager
Up to $1000 risk-free first bet
New customers,21+,T&Cs apply,NJ only.
Up to $500 in bet credits
Up to $500 in Bet Credits for new customers . Make a min $10 deposit,place bets to deposit value,once they are settled,matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply.
Up to $1000 in 4 risk free bets
New Customers only,T&Cs apply,21+,NJ only.
Get a $5000 Risk Free Bet
New Customers Only,21+,T&Cs apply,NJ only.
Bet $50,get $50 (100% deposit match)
21+,T&Cs apply,Please gamble responsibly
Up to $250 risk free bet
21+,NJ residents,T&Cs apply
$500 Risk Free Bet
21+,New Customers,T&Cs apply,NJ only.
Get $100 in free bets when you bet $20
Min $25 stake,New Plyrs,21+,T&Cs apply