Reuters: Anthem Costs Betting Company Dearly (BetOnline)

Written by:
Reuters
Published on:
Feb/04/2019

ATLANTA (Reuters) - Gladys Knight’s rendition of the national anthem at the Super Bowl on Sunday caused a headache for one sports betting company after the singer extended the end of the song, the length of which had drawn intense wagering interest.


CLAIM YOUR FREE CASH BONUS UP TO $1000 HERE

BetOnline.AG had set the length of the song, which ends with the word “brave,” at one minute and 50 seconds and Knight completed singing the word at one minute and 49 seconds.
But after a pause she sang the word again and was clocked at one minute, 53 seconds.

While some companies chose to pay out the over and others the under on the bet, BetOnline.ag said they would pay out both sides, losing an estimated six-figures on the bet, the company said.

Money wagered on the length of the national anthem is by far the largest pre-game proposition bet, far exceeding the coin toss and others combined, the company said.

Gambling News

How Do I Create My Own Bookie Website

How Do I Create My Own Bookie Website

Our friends at PricePerPlayer offer up three guidelines for creating your own sports bookmaking website.  It's easy as 1-2-3.  Just make sure you have enough capital on hand to pay players just in case you have a few bad months getting off the ground.

Syndicate