Statement from Tabcorp

Statement from Tabcorp

On August 29, a momentary pricing error occurred on a handful of TAB's MLB game markets.  

This resulted in the odds displayed for these bets being more than 900 times greater than you would expect to see in the circumstances.  

The extraordinary differential in prices was such that it would have been clearly obvious to punters that this was an error. The small number of impacted customers were advised as soon as possible. 

Tabcorp is bound by confidentiality obligations that prevent us from discussing individuals' betting activity.  

But without referring to any customer in particular, we can confirm that all winning bets were paid out at the correct prices and the funds placed in those customers' accounts.  

Given these bets have been settled at the true price, in line with our terms and conditions, and the few impacted customers provided with bonus bets of up to $1000, this matter has been resolved.