Nevada Relaxes 'Past Posting' Rules for Sportsbooks
The Nevada Gaming Commission has revised its regulations to allow sportsbooks to void bets placed after the outcome of a sporting event is known, a practice referred to as "past posting," without requiring prior approval from the state's gaming regulators. The decision, made during a recent commission meeting, simplifies the process for sportsbooks while maintaining accountability through reporting requirements.
TV screens line the wall of the Superbook sportsbook in Las Vegas, Nevada. (Source: Kronkite News)
Past posting occurs when a bettor places a wager on an event that has already started or even concluded. This situation can arise due to human or technical errors, such as incorrect starting times listed in the sportsbook's system.
These errors are particularly common in international events where time zone differences or last-minute schedule changes may go unnoticed. Under the updated regulation, which was suggested in August, sportsbooks can independently void these bets but must immediately notify the Nevada Gaming Control Board and submit a detailed report within 45 days.
Before this change, sportsbooks were required to seek approval from the chair of the Nevada Gaming Control Board to cancel past-posting wagers. Senior Deputy Attorney General John Michela explained that the new rule limits the scope of the previous draft proposal, which initially suggested broader authority for sportsbooks to void wagers.
The Gaming Control Board opted against expanding sportsbook discretion too far to avoid a surge in new house rules or scenarios requiring oversight. The updated regulation strikes a balance by specifically addressing wagers placed after an event's outcome is known while keeping all other types of rescission requests under the oversight of the board chair.
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Approval Still Required
Michela also clarified that sportsbooks must still obtain approval for voiding wagers in all other circumstances. Over the past four and a half years, there have been only ten such requests, underscoring the relatively rare nature of these issues. Despite this, the Gaming Commission emphasized the need for clear rules to address cases where bets are placed with knowledge of the event's outcome.
Commissioner Brian Krolicki raised concerns about the potential for bettors to exploit advanced technology or high-speed internet to place bets in the final moments of a game. He questioned whether it would be feasible for someone to submit a wager within the same minute that an event's outcome is determined.
Michela responded that such cases would still be subject to patron dispute processes, with sportsbooks and licensees expected to verify the circumstances surrounding the wager. He noted that most cases of past posting involve clear evidence that the event had already concluded, often due to errors in scheduling or communication rather than deliberate manipulation.
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