Rico Ramos vs. Efrain Esquivas

IntentionalButt · 06-21-2012, 03:58 PM

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IntentionalButt · 06-22-2012, 04:12 PM

IntentionalButt · 06-23-2012, 12:43 AM

IntentionalButt · 06-24-2012, 12:38 AM

Well, what the fuck do I do here?

They changed it to an 8-rounder, and it went the distance.

Those who bet the over in good faith were understanding it to be a 10-rounder, and it would be unfair to screw them out of a payout.

Those who bet the under, well, they can't help it that the technical result happened to be UNDER eight-and-a-half rounds by virtue of the fight not being scheduled for more than 8 after the last-minute change.

Damned if I do and damned if I don't here...

IntentionalButt · 06-24-2012, 01:06 AM

Alright...I'm making a special one-time executive decision here.

Being that it's so few bets (2 on the under, 1 on the over) and a relatively small amount of money involved...I'm going to go ahead and pay out both.

Those who bet on it going under eight-and-a-half were technically correct as the scheduled limit was changed to 8.

Those who bet on it going over, were making wagers in good faith that it would remain scheduled for ten as it originally was.

There was no compelling reason to think it was going to end before the halfway mark of a round 9 had there been one. There was also no reason to assume it wouldn't.

So, settling out both.

Don't take this for precedent, though.

Future situations may be handled differently by myself or another vBookie depending on the circumstances (how long before the bout the scheduled rounds change was announced, how many people bet, how much $$ was placed, etc.) I came very close to just abandoning the event and returning all stakes.

This decision, at this time, seems most fair to me.

06-21-2012, 03:58 PM	#1
IntentionalButt Nash Equilibrium Debunker East Side VIP Join Date: Nov 2006 Location: Boston Posts: 123,145 vCash: 0	Rico Ramos vs. Efrain Esquivas http://www.sfpoa.net/forum/images/sm...Suave_anim.gif
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06-22-2012, 04:12 PM	#2
IntentionalButt Nash Equilibrium Debunker East Side VIP Join Date: Nov 2006 Location: Boston Posts: 123,145 vCash: 0	Re: Rico Ramos vs. Efrain Esquivas
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06-23-2012, 12:43 AM	#3
IntentionalButt Nash Equilibrium Debunker East Side VIP Join Date: Nov 2006 Location: Boston Posts: 123,145 vCash: 0	Re: Rico Ramos vs. Efrain Esquivas
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06-24-2012, 12:38 AM	#4
IntentionalButt Nash Equilibrium Debunker East Side VIP Join Date: Nov 2006 Location: Boston Posts: 123,145 vCash: 0	Re: Rico Ramos vs. Efrain Esquivas Well, what the fuck do I do here? They changed it to an 8-rounder, and it went the distance. Those who bet the over in good faith were understanding it to be a 10-rounder, and it would be unfair to screw them out of a payout. Those who bet the under, well, they can't help it that the technical result happened to be UNDER eight-and-a-half rounds by virtue of the fight not being scheduled for more than 8 after the last-minute change. Damned if I do and damned if I don't here...
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06-24-2012, 01:06 AM	#5
IntentionalButt Nash Equilibrium Debunker East Side VIP Join Date: Nov 2006 Location: Boston Posts: 123,145 vCash: 0	Re: Rico Ramos vs. Efrain Esquivas Alright...I'm making a special one-time executive decision here. Being that it's so few bets (2 on the under, 1 on the over) and a relatively small amount of money involved...I'm going to go ahead and pay out both. Those who bet on it going under eight-and-a-half were technically correct as the scheduled limit was changed to 8. Those who bet on it going over, were making wagers in good faith that it would remain scheduled for ten as it originally was. There was no compelling reason to think it was going to end before the halfway mark of a round 9 had there been one. There was also no reason to assume it wouldn't. So, settling out both. Don't take this for precedent, though. Future situations may be handled differently by myself or another vBookie depending on the circumstances (how long before the bout the scheduled rounds change was announced, how many people bet, how much $$ was placed, etc.) I came very close to just abandoning the event and returning all stakes. This decision, at this time, seems most fair to me.
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