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Sports book refunding Adam Scott British Open bets because it was such a bad beat

Anyone who took the 40-to-1 odds on Adam Scott to win the British Open before last weekend must have been feeling great about their wager entering the final four holes of the tournament. Even if you put a measly 10 bucks down you probably would have already decided what you were going to do with your $400 when Scott had a four-shot lead over Ernie Els. As we know, Scott collapsed and Els came back to win. The good news for those who bet on Adam through SportsBettingOnline.ag is that the loss won’t cost them a thing.

As Geoff Shackelford pointed out, SportsBettingOnline announced Monday that they will be refunding any bets that were placed on Scott since he choked so badly.

“With so many of the favorites including (Tiger) Woods not cashing, it was a good day for sportsbooks,” head oddsmaker Dave Johnson said. “But that wasn’t the case for those who dropped money on Scott. We feel it’s our duty to refund the players for taking such a bad beat. His collapse was historic and we know the bettors who had him must feel as awful as he does.”

It’s still painful just to break even after thinking you had the bet wrapped up, but breaking even when you should have lost is a nice consolation prize. Heck, Scott even had his name stenciled on a medal for engraving. As Johnson mentioned, the sports books made plenty of money. Aside from this lucky gambler who made a fortune on him, not many bettors wagered on Els to win. Refunding people’s money is a smart PR move that gets people talking about the site.

H/T Eye on Golf
Photo credit: Kyle Terada-US PRESSWIRE



Around The Web

  • http://twitter.com/ChadMarg Chad Margulius

    To bad my sports book did NOT give me a refund.

  • http://larrybrownsports.com Larry Brown

    You’re playing at the wrong book, Chad! haha

  • http://twitter.com/ChadMarg Chad Margulius

    Hahah I think it was cuz it was not a 40:1 odds long shot I placed the bet after round 3 when he was -138 which I thought was terrific value since I pegged him at about an 75 to 80% chance of winning after Saturday.

  • Kenny Rosenberg

    Stupid rebate. A bad precedent. Makes a mockery of gambling.