Bookmaker's predictive mistakes.

[betswift]

The house has the means to shape the situation how they see fit. Thanks for the little insights!

Nope, the opposite of it.

Casino can't bend the rules as whatever they want, I mean they could but it might cost their business entirely so they can't just void any bet because someone won big, they can only void if there's an actual glitch or error from the bookmakers but those are rare.

Now crypto casino industry is filled with competition like never before so they don't even have a tiny room to void bets intentionally.

Yep, should have added an addition of TOS being the rules that can be bent or referred to, but of course, as it was said, it should be justifiable in the eyes of the crowd, because otherwise, the reputation of the platform would sink. Thanks for the addition!

[shasan]

Nope, the opposite of it.

Casino can't bend the rules as whatever they want, I mean they could but it might cost their business entirely so they can't just void any bet because someone won big, they can only void if there's an actual glitch or error from the bookmakers but those are rare.

Now crypto casino industry is filled with competition like never before so they don't even have a tiny room to void bets intentionally.

If the error is of the bookmakers and if the void the game then the winner of the game would be a loser. In this case, do you think it is fair for the bookmaker to void the bet. I do not thin it is fair and also many a time the winning might be after several lose and in this situation if the bet void then it would be a crucial for the person who won but void the bet.

[AHOYBRAUSE]

Nope, the opposite of it.

Casino can't bend the rules as whatever they want, I mean they could but it might cost their business entirely so they can't just void any bet because someone won big, they can only void if there's an actual glitch or error from the bookmakers but those are rare.

Now crypto casino industry is filled with competition like never before so they don't even have a tiny room to void bets intentionally.

If the error is of the bookmakers and if the void the game then the winner of the game would be a loser. In this case, do you think it is fair for the bookmaker to void the bet. I do not thin it is fair and also many a time the winning might be after several lose and in this situation if the bet void then it would be a crucial for the person who won but void the bet.

Exactly. In these situations the player often gets the bad end of the stick since the TOS protect the house.
But if you play bad odds that were given by mistake at a way too low rate they might not void the bet because their error actually benefits them. As a player there is nothing you can do since you accepted the TOS when registering and playing on the site. You can only hope that bookies handles cases like this with fairness. Void if they have the benefit and void if they hand the disadvantage.

[AmoreJaz]

-
1. How often is a bookmaker wrong?
2. What is his most common mistake?
3. Why do high rates work?
4. Are bookmaker mistakes always impossible to predict?
5. What does the bookmaker overestimate and underestimate (incorrectly estimate)?
6. Why does a bookmaker make mistakes?
7. How can a bookmaker follow the herd reflex of other bookmakers?
(Errors in bookmakers copying odds from each other).

Below are just my brief thoughts on the above questions -
1- Hard to get the stats, but the sure answer is - they can be wrong also with their predictions, they are not perfect so to speak
2- Not considering some hidden injuries or situations of the athletes involved or the strategies of the team itself, so giving wrong odds
3- Because that's where the bookie is also earning good money
4- Not really, if you live and breath the sports, you can also spot the mistakes at once
5- Odds - they have their algorithm, but how good they are is the question? What are the criteria considered?
6- Because they don't have the crystal ball, remember even if it is done by AI, still they are blinded with some factors significant in the game
7- For sure, they are also checking the odds of their competitors and alter it, if they need to change it.