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FanDuel to pay up after glitch in system

FanDuel to pay up after glitch in system
The fantasy sports website FanDuel is shown on October 16, 2015 in Chicago, Illinois. (Scott Olson / Getty Images)

Upon further review, a New Jersey man will get his full $82,000 payout on a disputed $110 sports bet.

And several other gamblers who made similar bets at wildly inflated odds will also be paid in full, FanDuel said Thursday.

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The online sports betting company said it will pay Anthony Prince of Newark the full 750-1 payout he was promised when the company’s automated system mistakenly generated long odds on the final moments of the Denver Broncos-Oakland Raiders game on Sunday.

The company initially refused to pay the bet placed at its sports book at the Meadowlands Racetrack, saying it isn’t obligated to pay for obvious errors. But FanDuel reversed field after consulting with state gambling regulators.

“Above all else, sports betting is supposed to be fun,” the company said in a statement. “As a result of a pricing error this weekend, it wasn’t for some of our customers.”

Prince was handed his 750-1 ticket with about a minute left in the game, as the Broncos trailed by two points on their final drive. Denver kicked a field goal with six seconds left to win 20-19, capping a second-half comeback that started with the Broncos down 12-0.

FanDuel says its system should have calculated his odds at 1-6, meaning a bettor would have to wager $600 in order to win $100. The company said a 36-yard field goal itself has an 85% chance of success.

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