One of Britain ’ s most popular online bookmakers has been branded a ‘ rip-off company ’ after failing to honour odds offered during a crucial Chelsea match . Furious customers are demanding a bigger payout after placing wagers with Sky Bet that the Premier League leaders would be knocked out of the Champions League by Paris Saint-Germain on Wednesday night . The firm ’ s mobile phone app was offering odds of 25-1 for a PSG win in extra time – but when it came to settling the bets , they paid out at just 9-2 . It means the winnings for a £10 wager would have been cut from £260 to £55 , including the return of the original stake . A customer placing a bet at 9.50pm received generous odds of 25/1 ( left ) , but when it came to settling the bets , they paid out at just 9-2 ( right ) Sky Bet claims the better odds were offered by ‘ mistake ’ – and its actions are in keeping with their small print . Sky Bet claims the better odds were offered by ‘ mistake ’ – and its actions are in keeping with the small print in its terms and conditions . The longer odds were offered while Chelsea were leading 2-1 in extra time . But the French side equalised , despite being reduced to ten men , and won the two-legged clash on away goals . Punters who successfully bet on the result were told they would be paid less than they expected only after the match was over , with an email sent from the company blaming an ‘ administration error ’ . David Luiz celebrates scoring PSG 's first goal during the UEFA Champions League Round of 16 , second leg . Emil Bolstad , 26 , was expecting to win £150 plus his £6 stake back – but profited by only £27 . He said : ‘ It ’ s false advertising . I made the bet based on 25-1 odds , not 9-2 . It was only when it came time to pay up that I noticed the odds had changed . ‘ If they can do this because of an “ error ” , they can do it for all their odds . They could triple their odds and after people have bet say , “ Oh no , it was a mistake ” and not pay out. ’ Labour MP Graham Jones called the move 'outrageous ' Labour MP Graham Jones said : ‘ This is outrageous . What would have happened if a rival firm had better odds but people chose Sky Bet because of the 25-1 odds ? Customers would have lost out . You can ’ t change the price after the sale . ‘ Sky Bet are clearly a rip-off company who are willing to take their customers to the cleaners and deceive them . This is typical of the gambling industry. ’ Sky Bet ’ s managing director Richard Flint said the longer odds were ‘ clearly ’ wrong . He said : ‘ Occasionally mistakes happen . In this case a wrong price was displayed for around three minutes , and a small number of customers bet at the incorrect odds . These odds were clearly wrong – we showed odds of 25-1 when the true odds and the odds displayed by all other bookmakers was 9-2 . We settled at the correct odds. ’ The terms and conditions for the Sky Bet app – which has been downloaded 700,000 times on to iPhones and iPads – reserve the right to ‘ correct obvious errors and either settle bets at the correct odds or void bets ’ .
Sky Bet branded a 'rip-off ' after failing to honour odds at a iPads match . Firm ’ s mobile phone app offered odds of 25-1 for a PSG win in extra time . But when settling the bets , they paid out at just 9-2 to fury of customers . Sky Bet has since claimed that the better odds were offered by 'mistake '