They’re not paying out because there is litigation
Predictit has it that they pay out when the electoral college votes. Probably the same with that bookmaker. Maybe we should look up the stipulations before we get all hyped
Any excuse for them to hold money longer, makes them more money. Keeping millions for a few extra months and getting interest off it is easy profit. I wouldnt pay out anyone either.
Why make it sound so nefarious? If I am betting on someone to win the election I don't expect to get paid until they legally win. If the book makes interest on that money in the meantime it doesn't make them evil, it just makes them not fucking stupid.
I had read some actually did pay out after Biden was announced “President Elect” and it’s gonna be hilarious when those bookies are gonna have to pay out to the Trump voters too lmao. I’m sure some people were already fired hahaha
No, some small time online betting site paid out for Biden being elected president. He is not and was not. I don’t have the source in front of me but it happened as far as I know. They are ducked.
Misconception. Just because something is in the terms and even if someone agrees to it doesn’t make it bulletproof in a lawsuit. Terms and conditions can be overturned.
I warned everybody back when these links were getting posted. Their terms make it VERY clear that ONLY THEY decide whether or which of the results are valid.
Just read the rules on several predict it markets. It says they will wait for judicial proceedings. Those weree the more recent markets, so I would recommend looking at each individually.
I'm a pretty avid spots bettor. I specialize in MMA. I know a lot of gamblers from Twitter and different pay services, all the smart money started to move on election day. Around 3pm CST florida started flipping and when it hit -111 I know several guys who got in on the +250/+255 in Wisconsin and Michigan and those bets are still live. These guys are career winners, they don't make bad money moves, most of them are investors and day traders...all the smart money KNEW DJT was winning in a land slide, I know 0 big money bettors that even hedged Biden. I have tweets on my old twitter to account to prove this, in fact, donald hit at least -750 favorite before midnight. Stop the Steal!
Speaking of which, why are there not security rooms setup to be counting these votes vegas style so the cameras can see? Instead we get these lousy convention centers with some plastic up that don't allow anyone to see how they are being counted, even observers.
It just goes to show how our election are garbage banana republic levels of bad. We kept pretending it was good(at least dems and independents). As a global super power and first world country this is embarrassing.
Further more this pretty much proof and vindicates all the people that claimed that voting is pointless because it's rife with fraud/rigging.
PredictIt is not paying out either and they still give Biden a 90% chance of winning. If everyone is so confident you are free to bet on Trump and get 10-1 odds.
How is this 'BREAKING" news? Everyone that's placed a bet knows it hasn't been paid out, yet. And this was on thedonald.win the day after the election!
They’re not paying out because there is litigation
Predictit has it that they pay out when the electoral college votes. Probably the same with that bookmaker. Maybe we should look up the stipulations before we get all hyped
Any excuse for them to hold money longer, makes them more money. Keeping millions for a few extra months and getting interest off it is easy profit. I wouldnt pay out anyone either.
Why make it sound so nefarious? If I am betting on someone to win the election I don't expect to get paid until they legally win. If the book makes interest on that money in the meantime it doesn't make them evil, it just makes them not fucking stupid.
This ^
You can pay out at any time, but you can NEVER reverse your payout.
And if you pay out wrong, everyone you fucked will come after you for their money.
archive/screen cap the bet and the terms of the bet (if you can)
I can guarantee that info will disappear very soon
Sounds like a ploy for them to get people to unbet on Trump and save them some cash
This is the only correct non opinionated answer.
It’s honestly both and neither is nefarious. It’s business and it’s the proper way for them to do it for everyone.
I had read some actually did pay out after Biden was announced “President Elect” and it’s gonna be hilarious when those bookies are gonna have to pay out to the Trump voters too lmao. I’m sure some people were already fired hahaha
With the one he’s referring to, to my knowledge, they said they’d pay the other side as well if President Trump ended up winning.
This guy bets.
Bookies already paid out Biden winning some states.
No, some small time online betting site paid out for Biden being elected president. He is not and was not. I don’t have the source in front of me but it happened as far as I know. They are ducked.
Misconception. Just because something is in the terms and even if someone agrees to it doesn’t make it bulletproof in a lawsuit. Terms and conditions can be overturned.
I warned everybody back when these links were getting posted. Their terms make it VERY clear that ONLY THEY decide whether or which of the results are valid.
I've been trying to warn people about this too and it's why most of my bets are in cabinet position markets
I’m in NV and WI markets
Most of the markets are still open though. They closed out the NY market on me, but the other 8 markets I have money in are still open.
That one tilted me i admit. Still didn't sell 1 potus share. In fact bought a bunch of .07 shares on my placeholder market (which party wins)
I got paid for Florida already though. Georgia, Arizona, and overall election is still pending.
Right. There are different stipulations for different scenarios. They didn’t pay out Trump’s 2016 win until Dec 19 last time in 2016
Just read the rules on several predict it markets. It says they will wait for judicial proceedings. Those weree the more recent markets, so I would recommend looking at each individually.
I'm a pretty avid spots bettor. I specialize in MMA. I know a lot of gamblers from Twitter and different pay services, all the smart money started to move on election day. Around 3pm CST florida started flipping and when it hit -111 I know several guys who got in on the +250/+255 in Wisconsin and Michigan and those bets are still live. These guys are career winners, they don't make bad money moves, most of them are investors and day traders...all the smart money KNEW DJT was winning in a land slide, I know 0 big money bettors that even hedged Biden. I have tweets on my old twitter to account to prove this, in fact, donald hit at least -750 favorite before midnight. Stop the Steal!
When Fox called AZ that was signal and the odds began to shift to Biden big time at that moment.
Unironically
If there's one thing Vegas knows, Vegas certainly knows cheating.
Speaking of which, why are there not security rooms setup to be counting these votes vegas style so the cameras can see? Instead we get these lousy convention centers with some plastic up that don't allow anyone to see how they are being counted, even observers.
It just goes to show how our election are garbage banana republic levels of bad. We kept pretending it was good(at least dems and independents). As a global super power and first world country this is embarrassing.
Further more this pretty much proof and vindicates all the people that claimed that voting is pointless because it's rife with fraud/rigging.
Remember the man who bet $5m on Trump?
PredictIt is not paying out either and they still give Biden a 90% chance of winning. If everyone is so confident you are free to bet on Trump and get 10-1 odds.
Presidential market has reached the maximum number of traders.
Already did a week or so after the election.
Looks like the White House is gonna have to keep the gorilla channel live for 4 more years and stock up on ice cream.
Many don't pay until inauguration day and the rest are 15th of December for completion of the Electoral College.
Nothing in our future will be determined by gambling numbers from the armpit of American Mafia and debauchery. YOU CAN REST FUCKING ASSURED OF THAT.
STAY FOCUSED
never bet against a casino owner.
Don't bet against Trump!
How is this 'BREAKING" news? Everyone that's placed a bet knows it hasn't been paid out, yet. And this was on thedonald.win the day after the election!
Or if you bet on Polymarket they paid all of your money to Biden gamblers.
You can't wager on elected offices in Nevada. Las Vegas is in Nevada.
Rumor has it that Biden placed a very large bet on Trump winning. Maybe this whole thing was just a ploy to further line his pockets!
I bet on Trump popular and electoral. Correct they have not been lost or won yet because nothing has been called..
No they're not. They don't want to pay out both sides, the guy said as much during that interview.
talk about good news from odd places. ( pun intended )
Duh. There is real money involved. They aren't dumb. Doesn't matter what propagandist or any other person says.
Can you still place bets, I'll throw down $1000 bucks.
the site?