FanDuel fined, forced to pay more than $230K in wagers for bets taken on pre-recorded PFL fights

[Bawse]

FanDuel was hit with a $2,000 fine and forced to pay out more than $230,000 in wagers after accepting 34 bets on PFL fights that actually happened a week earlier.

The debacle unfolded back in 2022 when FanDuel took wagers on PFL fights that were scheduled to air on April 1 but in reality had already happened on March 25.

The event was a PFL Challengers series card that aired on tape delay on Fubo TV.

New Jersey gambling regulators handed down the fine, with FanDuel agreeing to pay it, although the company made no statement regarding the penalty.

In a letter made public on Monday, the New Jersey Division of Gaming Enforcement stated that FanDuel said it was not notified by its data-feed providers that the PFL card was pre-recorded and just airing at a later date. As a result, FanDuel created manual betting markets with information the company received from PFL.

Read full article: https://www.mmafighting.com/2024/7/...ers-for-bets-taken-on-pre-recorded-pfl-fights

I never used Fanduel for sport bets. I usually get proline, or pointspread at a store near me whenever I feel like betting on sports. This is wild though. I'd never trust a site that accepted bets on prerecorded fights.

Any thoughts?

 

[tiltShove]

I never used Fanduel for sport bets. I usually get proline, or pointspread at a store near me whenever I feel like betting on sports. This is wild though. I'd never trust a site that accepted bets on prerecorded fights.

Any thoughts?

That's crazy! The worst part is the 2k fine from New Jersey!

 

[magnus2022]

Some of these gambling sites are scammers and criminals! Thanks Providence that the regulators are up and doing. This is one of the reason why i always bet on bookmarkers that have license and within my jurisdiction. There is a lot of scamming that is going on most gambling sites.