[BigFishSmallCardRoom]

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We're playing 3-6 with a kill. It's recently been on a kill but for this hand it reverted back to 3-6.

On the river it's heads-up and I'm out of the pot.
First to act bets $12 and the second guy immediately folds.
Now, based upon the board and his betting pattern in the hand I put him on a draw and that draw didn't get there. So any bet probably would have gone unanswered.
But $12 was the incorrect bet and no one corrected it. For all I know I was the only one to notice it.

It all happened so fast and the only reason I didn't really call attention to it is because, as I said, I figured the guy was folding his busted draw regardless of the bet. But do I have any obligation, ethically, legally, otherwise to point out this error?
I can't imagine that I do and yet...someone's gotta stand up for proper procedure, right?

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I don't think it really matters. The bet is 6 even if he put out 12. If the player was paying any attention, he knows what the betting limits are and it's really up to him to know how much the limits are.