Okay here is my explanation.
First, the bet was worded "NEXT RAMS CUT" and since the team announced both cuts at the same time there really was no way to determine which player was cut first, therefore making that bet a winner. Every place I looked on line gave no answer for which player was released first.
Secondly, with the reset of monies and everyone starting at ground level, we didnt think it was fair to pay off the astronomical bets at the truly ridiculous odds that were listed , when it was pretty common knowledge that both players were going to get cut