111–120 of 232 posts
Earlier quoted context omitted.
Yes, smart contracts give no recourse when there is an error. Whether or not that is good here, in general it is an issue. That is a large reason why we have courts.
You can program space for mistakes into your smart contract, though (e.g. no payout without final approval). Everyone would know exactly what is going to happen when.
Earlier quoted context omitted.
If you bought it online you bet they would come after you.
Which is completely different than a digit falling off a window, right?
Surely there's insurance for such errors?
Yeah this was my first thought too. My sincere hope is that the law's response is "Pay up, this is how your business works. If this kind of thing is going to be a problem for you, buy insurance for it."
You might want to reconsider using “welching” in this context. And don’t change it to “gyping”, either.
And yet, you can bet that they'd collect if the error were in their favor. And they probably have. Absolutely disgusting.
I mildly disagree in the sense that what constitutes a "palpable" error is just too broad of a grey area. It would be encouraging to see FanDuel just cough up the erroneous wager (which is surely cheaper than a lawsuit) and tighten down the definition of errors in spreads to something more specific such as anything outside like 2 standard deviations within the scope of a game* *I'm not a gambler just someone who beli…
And yet, you can bet that they'd collect if the error were in their favor. And they probably have. Absolutely disgusting.
Disgusting? So if you see a sign on a car for sale that says $19,95 because a digit fell off, the dealer is obligated to sell it to you at that price? People and systems make mistakes, that doesn't mean it's "disgusting" that they protect themselves financially from those mistakes.
Would FanDuel void your bet if you misread the odds?
They will settle this for half.
This is pocket money for them. They should honour it and move on.
This will just add to the (necessary - don't get me wrong) tax on society that is our legal system. It's pretty obvious what should happen here because, as humans, we understand and allow for the possibilities of mistakes. Fan Duel should send him some tickets to a game, try to create a positive interaction for him, and let's move on.
> as humans, we understand and allow for the possibilities of mistakes. Yes, but corporations aren't humans. If the mistake went the other way, it likely wouldn't matter. The human would have to deal with it. I say give him the $80k+ and learn to deal with your mistakes.
Mitt Romney gave your opponents their line: "Corporations are people, my friend"
In this case the punter must have known it was an error, so it doesn't seem moral to pick up the 82k. Somehow everyone else seems to think otherwise, so maybe I'm just a sucker.
If we lived in a world where companies did their best to be reasonable and fair to customers, particularly when mistakes occur, I would agree. However, considering most companies are quite hostile and willing to use any advantage they may have to maximize profits or minimize costs at the expense of customers I believe we need to act the same. If companies are going to hold us accountable and punish us for mistakes or errors to the fullest extent then we should do the same
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I've never written a bug in a system designed to earn me money and then denied responsibility for the consequences of the bug, no. That is, my argument is about how you decide responsibility, not about technical excellence.
So now it only matters in finance? No one lost anything here. It's ridiculous to expect a payout due to an error like this. You wouldn't get one at a casino if e.g. a slot machine malfunctioned. What if the payout was $500M? Should they have to pay that as well?