HELP PLEASE re wrong odds

sorry, I meant to add...

so if my bet is successful, do they have to pay out at the price that they've given me when I placed the bet ???

no they don't have to pay you at the price you took - its called their "palpable error" rule. Sometimes they will pay you out if they never pick up on it or if the error is only costing them a few quid but typically if you bet unusually higher than normal they will pay you at the correct odds if it wins. You won't have an argument after the event either way (WIN or LOSE) if they restrict your account to pennies for trying to be a smart @rse.

It doesn't make you a smart arse if you try to bet at the advertised price.

Panther - my advice would be to keep to normal stakes and don't try and arb because you
could end up with an eggy face

thanks pete...

It does if you know they are the wrong odds as the OP clearly did and stated in his OP. Not saying its wrong either way but if you do it be prepared to live with the consequences. For me an account is worth more than trying a quick dubious move.

would also surely depend how much the prices were off?

If it was 4/1 instead of 4/6 then obvious

If 7/4 instead of 5/4 then less clear surely?

in latter case I'd say they should pay out