Youbet has to pay for NY OTB Screwup

[trigger]

"Human error led to Derby Day OTB glitch "

"Under terms of its contract with the tote company, OTB will be reimbursed for the thousands of dollars in wagering it lost, OTB President John Signor said."

http://timesunion.com/AspStories/story.asp?storyID=686236&category=&BCCode=&newsdate=5/5/2008

[ryesteve]

Wait a second... your header is a bit misleading. Youbet has to pay for a YOUBET screw-up that adversely impacted NY OTBs...

[JustRalph]

wow! if they can trace the adw's crashing to this "operator error"

I would love to hear about it...........

[Steve 'StatMan']

An error an employee at United Tote that is owned by YouBet.

[NoCal Boy]

This was limited to the central region in NY and FL, Tioga and Vernon Downs. It appears that total handle lost was about $500K. Since the tracks retain about 10% before fees to counties, etc., my guess is UT will pay $50K or so to OTB.

UT reported all their other locations performed fine and they processed $170MM in wagers on Saturday.

Twinspires does not use UT. Churchill, Keeneland and NYRA do.

[Javagold]

IDIOTS !!! :mad: