Hollywoodbets Sports Blog: eSoccer - CSKA Moscow (Bouz) Incorrect Pricing

eSoccer - CSKA Moscow (Bouz) Incorrect Pricing

On the 28th August, one of our suppliers' odds compilers incorrectly priced up the odds for all matches played by CSKA Moscow (Bouz). 


Further to the official announcement by Betradar (which can be seen at the bottom of this page), we would like to list the games affected by the incorrect pricing as follows:

Please turn your phone to landscape orientation to view the below table correctly on mobile. 

Date

Time

Game

True odds based on mid-seed player

28-Aug

20:20

CSKA Moscow (Bouz) vs. FC Porto (Zeus)

1.23

28-Aug

20:40

Glasgow Rangers (Chris X) vs. CSKA Moscow (Bouz)

1.46

28-Aug

21:40

CSKA Moscow (Bouz) vs. Trabzonspor (Ang)

1.3

28-Aug

22:00

AC Milan (Val) vs. CSKA Moscow (Bouz)

1.32

28-Aug

22:40

CSKA Moscow (Bouz) vs. Leipzig (Panica)

1.44

28-Aug

23:40

Sl Benfica (Paularasyou) vs. CSKA Moscow (Bouz)

1.08

29-Aug

0:00

CSKA Moscow (Bouz) vs. PSV Eindhoven (Kostaslfc)

1.27

29-Aug

1:00

Borussia Dortmund (Teok) vs. CSKA Moscow (Bouz)

1.15

29-Aug

1:20

CSKA Moscow (Bouz) vs. CF Valencia (Dinwin)

1.13

29-Aug

2:20

Bayer 04 Leverkusen (Pg) vs. CSKA Moscow (Bouz)

1.25

29-Aug

3:40

CSKA Moscow (Bouz) vs. Bayern Munchen (Moebius)

2.27

29-Aug

4:00

Sporting Lissabon (Savv) vs. CSKA Moscow (Bouz)

1.77

 

 

 

Celtic Glasgow (Pantovits) Rating 893


Hollywoodbets, Betway and other South African operators have taken this issue very seriously and sincerely apologise for any inconvenience which the suspension of accounts may have caused. In addition, we have taken cognisance of the Regulators’ rules regarding matters such as this, together with the respective company terms and conditions. In terms of those rules and regulations, the relevant bets will be re-laid at the odds above, as amended and submitted by Betradar.  

The player Bouz, has not received an official rating and his record of 24 straight losses would deem him to be a low seeded player.  However, we have chosen to calculate punters’ winnings based on a mid-seed player, to the benefit of our customers. 

International operators in Nigeria, Kenya, Ghana and across Europe and Asia have also been affected by this issue and will be taking similar action, as determined by their local regulators and individual terms and conditions.

Betradar Release in full:

On the 28th August, one of our odds compilers incorrectly priced up the odds for all matches
played by CSKA Moscow (Bouz).

The error was two-fold for the reasons set out below:

1. Due to the nature of eSoccer competitions, we refrain from offering odds on “new” players
due to the lack of a significant level of form. For the GT26 League unless a player has
played 50 matches in the league, we have a protocol that means we do not publish odds on
that player. CSKA Moscow (Bouz) had only completed 24 matches before the palpable
odds were published incorrectly hence the unintended breach of protocol.

2. CSKA Moscow (Bouz) was a replacement player for CSKA Moscow (Pera) around the 26th
August and clearly of a lower standing, evident when you look at the ranking (Bouz: Unrank
but lost 24/24 matches, players of a similar rank are approximately 200, Pera: 1910,
3rd best of 43 players in recent form). The compounding error comes when the odds
compiler used CSKA Moscow (Pera) as the form reference and subsequently and
mistakenly made Bouz the favourite for the matches in question. In the table below we have
calculated the true odds using a player of equivalent ranking to CSKA Moscow (Bouz), as
well as the true odds based on a player with a rating of 893 (significantly better than Bouz).

Unfortunately, errors do occur and in this instance it is clear that not only did our odds compiler
wrongly publish odds according to our protocol but also generated wrong odds using totally
incorrect form references. The consequence of this was that globally any bookmaker who offered
betting on CSKA Moscow (Bouz) could have accepted bets taken on his opponents at odds far
higher than what they should have been.

Given the obvious palpable error we suggest you take action to withhold payment on this business
and replace the odds on the winning bets with the suggested odds below. In this table we have
also included columns showing the average incorrect odds offered, as well as one showing what
the odds would have been if Bouz had a rating of 893:

Please turn your phone to landscape orientation to view the below table correctly on mobile. 

Fixture

Avg incorrect odds on Bouz opponents

True odds for Bouz opponents if Bouz had a rating of 262

True odds for Bouz opponents if Bouz had a rating of 893

AC Milan (Val) vs. CSKA

Moscow (Bouz)

4.57

1.03

1.32

Bayer 04 Leverkusen (Pg) vs.

CSKA Moscow (Bouz)

3.72

1.02

1.25

Borussia Dortmund (Teok) vs.

CSKA Moscow (Bouz)

3.04

1.01

1.15

CSKA Moscow (Bouz) vs.

Bayern Munchen (Moebius)

16.8

1.28

2.27

CSKA Moscow (Bouz) vs. CF

Valencia (Dinwin)

2.82

1.28

2.27

CSKA Moscow (Bouz) vs. FC

Porto (Zeus)

3.58

1.01

1.23

CSKA Moscow (Bouz) vs.

Leipzig (Panica)

5.94

1.05

1.44

CSKA Moscow (Bouz) vs. PSV

Eindhoven (Kostaslfc)

4.09

1.02

1.27

CSKA Moscow (Bouz) vs.

Trabzonspor (Ang)

4.27

1.03

1.3

Glasgow Rangers (Chris X) vs.

CSKA Moscow (Bouz)

5.93

1.06

1.46

Sl Benfica (Paularasyou) vs.

CSKA Moscow (Bouz)

2.22

1.01

1.08

Sporting Lissabon (Savv) vs.

CSKA Moscow (Bouz)

9.71

1.15

1.77


Our vision is to be the most respected and innovative Betting and Gaming supplier in the world. To
achieve that we focus on customer satisfaction, speed of delivery, quality of data and rapid issue
resolution whilst at the same time leading the global industry in covering new sports and offering
new betting activities. We supply hundreds of leading betting operators globally and we pride
ourselves on maintaining the integrity of sports and betting. We are reviewing the incident and will
be making optimisations to our workflow to ensure such an instance does not happen again.

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