FanDuel sportsbook controversy brings to light risks sportsbooks face. Steve O’Dwyer wins big at Powerfest. Check out these stories and more in the Friday Hit and Run.
FanDuel Pays $82k win after controversy
The FanDuel New Jersey sportsbook made a costly mistake last Sunday when they made a pricing error during the Oakland Raiders-Denver Broncos game last week. The glitch lasted only 18 seconds, but one player put a bet down of $110 on 750:1 odds, resulting in a $82,000 payout. FanDuel initially refused to pay out the bet, but relented after public outcry and phone calls to the New Jersey DGE.
With the affected players and the DGE apparently happy with the outcome, the issue at hand is resolved. But the controversy of the week did give the US sports betting industry a wake-up call to work to prevent or minimizing these issues in the future.
Odds that the FanDuel Sportsbook story comes up in next week's Congressional hearing? I am installing it as a -250 favorite. +75000 against. https://t.co/HwUK1X7P1y
— Dustin Gouker (@DustinGouker) September 21, 2018
– Steve O’Dwyer was the winner of the $25,500 buy-in $3 million guaranteed partypoker Powerfest Championship event and will take home $896,610. Joining O’Dwyer at an experienced final table was orpenKK — who lost against O’Dwyer heads-up — as well as Michael Zhang, Jon Van Fleet and Jason Koon.
– Reaction continues to swirl in the aftermath of William Kassouf’s chip stealing incident, which had the British player apologizing this week and parting ways with sponsor Grosvenor Poker. US Poker’s Martin Derbyshire weighed in on the saga with some harsh words for Kassouf.
In related news from the fake news bin: William Kassouf takes off mask to reveal that he’s been Chino Rheem the entire time.
– Looking for some poker to watch this weekend? Triton Poker this week began posting videos from the 2018 Super High Roller cash game in Jeju earlier this year. The high stakes cash games attracted the likes of Patrick Antonius, Tom Dwan and Paul Phua. Poker fans can watch the first episode below:
– The online poker market in New Jersey continues to be weak with the market generating just $1.8 million in revenue for the month of August, representing the worst August on record since the NJ online poker opened up in late 2013. The only poker network holding its own over the last few months is WSOP/Casears, which merged player pools with Nevada and Delaware in May. Pokerfuse says that the success of shared liquidity highlights the need for merged player pools elsewhere to expand the game going forward.
– New Hampshire became the 6th state to go live with an online lottery this week. At launch, the NH Online Lottery, or iLottery as it is officially called, allows players to purchase draw tickets online for games like Powerball and Mega Millions. The NH iLottery also offers players seven “instant” games, which can be played directly from an internet browser on a computer, phone or tablet.
– With the 2018 WCOOP officially in the books, some of poker’s biggest vloggers are spending time recapping some of the play.
During the last day of the WCOOP, Jaime Staples attempts to qualify for the $5,200 Main Event through a $215 satellites.
Meanwhile, in his latest vlog, Joe Ingram rails the $5,200 Pot Limit Omaha final table.