Do you think it is fair that players can exploit these situations when bookmakers have a little delay in updating their odds? people are always writing that bookmakers scam, but I think there are also cases when it is reversed.
One way or another, someone is going to get exploited. However, it's interesting that
on top of the house edge, we have some unknown and arbitrary rules that can get your bets voided.
Let's not even consider the general case - let me grant you a structure for specific situations that you can try to unravel.
Team A vs. Team B.
Market: Money Line
Team A is better than Team B. Odds are offered at 1.9 to 1.9. You bet on Team A. Your bet is voided when they win because "the odds were not right."
How much better does Team A have to be compared to Team B for the void to be acceptable?
Team A is equal to Team B. Odds are offered at 1.8 to 2.2. You bet on Team B. Your bet is voided when they win because "the odds were not right."
How much do the odds have to differ from the 1:1 skill ratio for the void to be considered acceptable?