Australian Betting Company Pays out For Wrong Result
Australian betting company pays for wrong result
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An Australian betting business has paid out for the incorrect outcome in the nation's elections.
Sportsbet distributed more than A$ 1m (₤ 540,000) to those who thought that the opposition Labor Party would win, two days before Saturday's vote.
Polls had widely predicted a Labor win for the very first time in 6 years.
But with the majority of the votes counted, Prime Minister Scott Morrison, a conservative, is forecasted to win a shock bulk.
The wagering company informed its followers that it has now also paid out money to those who anticipated that Scott Morrison's Liberal-National would win.
As the results was available in, Sportsbet took to social networks to share the blunder.
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Sportsbet representative Richard Hummerston told the Sydney Morning Herald paper: "Seventy percent of the cash staked before the early payout had actually come for Labor, our punters called the election early.
" We thought we 'd simply offer them their money early."
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Australian betting company pays for wrong result
Share
close panel
Share page
Copy link
About sharing
An Australian betting business has paid out for the incorrect outcome in the nation's elections.
Sportsbet distributed more than A$ 1m (₤ 540,000) to those who thought that the opposition Labor Party would win, two days before Saturday's vote.
Polls had widely predicted a Labor win for the very first time in 6 years.
But with the majority of the votes counted, Prime Minister Scott Morrison, a conservative, is forecasted to win a shock bulk.
The wagering company informed its followers that it has now also paid out money to those who anticipated that Scott Morrison's Liberal-National would win.
As the results was available in, Sportsbet took to social networks to share the blunder.
Skip X post by Sportsbet.com.au
End of X post by Sportsbet.com.au
Sportsbet representative Richard Hummerston told the Sydney Morning Herald paper: "Seventy percent of the cash staked before the early payout had actually come for Labor, our punters called the election early.
" We thought we 'd simply offer them their money early."
This X post can not be shown in your browser. Please allow Javascript or try a different browser.View original content on X
The BBC is not accountable for the content of external sites.
Skip X post 2 by Sportsbet.com.au
Allow X content?
This article consists of content offered by X. We ask for your approval before anything is packed, as they might be utilizing cookies and other innovations. You may wish to read X's cookie policy, external and privacy policy, external before accepting. To see this material pick 'accept and continue'.
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