Farmers: PointsBet Refunds All Pre-Tournament Outright Win Bets Not On Patrick Reed
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PointsBet Sportsbook, NBC and the PGA Tour’s top preferred gaming partner, announced a refund after Patrick Reed’s Farmers Insurance Open win for those who bet pre-tournament on an outright winner other than Reed.
Given the nefarious drop excused by on site officials but widely panned by most everyone else, including his peers, the result was tainted even with Reed ultimately securing a five stroke win. It’s a brilliant ploy by PointsBet for publicity and setting the tone of doing the right thing as gambling enters American wagering.
The dollar amounts were likely miniscule at this point, making the gesture a brand-building play as much as anything. Still, it’s not a glowing endorsement of the Tour’s handling of Reed while setting a bold precedent.
That said, this also highlights the issues golf will face when perceived cheating, questionable rulings, undisclosed injuries or even course setup gaffes could lead the betting public to feel the “product” is untrustworthy.
Will Gray explains at PointsBet where the announcement even came with a graphic.
