Continuity mistake: When the six main characters are watching the movie on how to play dodgeball, a young Patches messes the little boy's hair, leaving it sticking up in the back and mildly flat in the front. In the very next shot, the little boy's hair is neat and all flat. (00:23:50)
Plot hole: Peter took the $100,000 bribe White gave him and turned it into $5,000,000 by betting on his team. He did this, so he could buy enough shares of Global Gym stock and take over the company, and in the process kick out White as the CEO. The problem is, Global Gym is worth hundreds of millions of dollars, and 5 million wouldn't be near enough to gain control of the company.