If trump becomes next president you win. If trump becomes sworn in by the scotus you win. However trump is elected you win. If either biden or trump fail to make 270 eletorial votes, the winner is whoever is elected by court process. Trump.
Now here is the problem.
Betfair have said they are likely to close the market on the 15th dec, when congress certifies the electorial votes. If biden is sworn in then, we likely lose. But they might change their rules and prolong market ie if there is major court cases going they might keep market open past 15th dec.
They dont care who wins and said they want to settle the market fairly.
I have a lot of money on it. I am hoping biden doesnt get >269 certified by 15 dec and we win.
Yep. And i think it is in everyones best interest to keep the market open as long as possible. Betfair are making like 60k per day on interest alone. Over 2 billion market and adding. Betfair are happy making 100 milion plus lol. I think they will try to be fair as possible. They have said they can change the rules. I also hope somthing big happe s before 14th dec to stop certification. Trumps 2018 act allows tell 18 dec for him to use it.
Read the fine print on those bets. They have a lot of details where they won't pay out if the election does not finish in a traditional way. This one won't. By the time senators vote, there will only be one presidential candidate due to corruption by Biden, quite possibly. Also, some places don't pay out if electors are "faithless" (if they vote against the apparent winner in their state)
Betfair is an exchange so, essentially you are placing a bet against whoever decides to give you that price. Betfair take a commission of all bets placed regardless so they make their cut the same regardless of who's 'first past the post'. The 'Next President ' market is just that. So personally th he current price of 30 which Trump is trading at represents excellent value all things considered. That's just my opinion as a punter as if his price comes in to say between 10-16 (which I think it will), then you'll have a good trade out at that stage anyway.
Even if he wins the presidency by default and not by election? By default, I mean Joe Biden is found to be compromised by China and thus ineligible for the office.
MARKET INFORMATIONFor further information please see Rules & Regs.
Who will be elected to be the next President of the United States of America as a result of the 2020 presidential election?
This market will be turned in-play at the stated time on the day of the election. Thereafter the market will not be actively managed. Customers are entirely responsible for their bets at all times.
This market will be settled according to the candidate that has the most projected Electoral College votes won at the 2020 presidential election. Any subsequent events such as a ‘faithless elector’ will have no effect on the settlement of this market. In the event that no Presidential candidate receives a majority of the projected Electoral College votes, this market will be settled on the person chosen as President in accordance with the procedures set out by the Twelfth Amendment to the United States Constitution.
This market will be void if an election does not take place in 2020. If more than one election takes place in 2020, then this market will apply to the first election that is held.
10/03/2020 10:30am – Once voting (whether postal, electronic or at the ballot box) begins in the year 2020 for the US Presidential Election 2020, the election will be deemed to have taken place for the purposes of this market. We will then settle the market as per our rules regardless of whether the election process is fully completed in 2020 or beyond.
If there is any material change to the established role or any ambiguity as to who occupies the position, then Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled.
Betfair expressly reserves the right to suspend and/or void any and all bets on this market at any time if Betfair is not satisfied (in its absolute discretion) with the certainty of the outcome.
Additional candidates may be added to this market on request.
Please note that candidates in this market will not be partially settled and will remain in the market until it is fully settled. This is to allow customers to continue trading candidates that they have positions on and because each candidate is still a valid runner in this market.
Customers should be aware that:
Transmissions described as “live” by some broadcasters may actually be delayed.
The extent of any such delay may vary, depending on the set-up through which they are receiving pictures or data.
Please note, due to internal administrative procedures, the indicated start date/time of this market is subject to change. This will have no impact on settlement as detailed in our market specific rules. Any changes to the start time/date will be recorded in the market rules. 16:00 17/06/2020 –Market rules have been updated to reflect new information above..
If any candidate withdraws for any reason, including death, all bets on the market will stand and be settled as per the defined rules (Updated - 20/06/2020)
The start time has been changed to reflect the first polls opening on Election Day Updated 02/11/2020
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Good luck anyway (I have £300 on Trump @34 which I staked last week). 👍💪💰. It makes the run in a bit more exciting anyway. As a UK patriot I firmly hope he wins for you all.
Trump is well aware that We The People are headed for war if this fraud is allowed to stand. He will pull it off. I expect in a way that has little to do with fraud, which is why I mentioned Biden becoming ineligible.
I trust Trump. He's got this. He knows the stakes better than anyone.
If trump becomes next president you win. If trump becomes sworn in by the scotus you win. However trump is elected you win. If either biden or trump fail to make 270 eletorial votes, the winner is whoever is elected by court process. Trump.
Now here is the problem.
Betfair have said they are likely to close the market on the 15th dec, when congress certifies the electorial votes. If biden is sworn in then, we likely lose. But they might change their rules and prolong market ie if there is major court cases going they might keep market open past 15th dec.
They dont care who wins and said they want to settle the market fairly.
I have a lot of money on it. I am hoping biden doesnt get >269 certified by 15 dec and we win.
What do you think?
Me too. A 24 32 to one is goes quickly.
We need like a huge moment before dec 14th.
This market will be a bitch for betfair to settle.
Yep. And i think it is in everyones best interest to keep the market open as long as possible. Betfair are making like 60k per day on interest alone. Over 2 billion market and adding. Betfair are happy making 100 milion plus lol. I think they will try to be fair as possible. They have said they can change the rules. I also hope somthing big happe s before 14th dec to stop certification. Trumps 2018 act allows tell 18 dec for him to use it.
Read the fine print on those bets. They have a lot of details where they won't pay out if the election does not finish in a traditional way. This one won't. By the time senators vote, there will only be one presidential candidate due to corruption by Biden, quite possibly. Also, some places don't pay out if electors are "faithless" (if they vote against the apparent winner in their state)
Betfair is an exchange so, essentially you are placing a bet against whoever decides to give you that price. Betfair take a commission of all bets placed regardless so they make their cut the same regardless of who's 'first past the post'. The 'Next President ' market is just that. So personally th he current price of 30 which Trump is trading at represents excellent value all things considered. That's just my opinion as a punter as if his price comes in to say between 10-16 (which I think it will), then you'll have a good trade out at that stage anyway.
Even if he wins the presidency by default and not by election? By default, I mean Joe Biden is found to be compromised by China and thus ineligible for the office.
Event Start Time 03 November 2020 10:00
Rules Win Only Market
MARKET INFORMATIONFor further information please see Rules & Regs. Who will be elected to be the next President of the United States of America as a result of the 2020 presidential election?
This market will be turned in-play at the stated time on the day of the election. Thereafter the market will not be actively managed. Customers are entirely responsible for their bets at all times.
This market will be settled according to the candidate that has the most projected Electoral College votes won at the 2020 presidential election. Any subsequent events such as a ‘faithless elector’ will have no effect on the settlement of this market. In the event that no Presidential candidate receives a majority of the projected Electoral College votes, this market will be settled on the person chosen as President in accordance with the procedures set out by the Twelfth Amendment to the United States Constitution.
This market will be void if an election does not take place in 2020. If more than one election takes place in 2020, then this market will apply to the first election that is held.
10/03/2020 10:30am – Once voting (whether postal, electronic or at the ballot box) begins in the year 2020 for the US Presidential Election 2020, the election will be deemed to have taken place for the purposes of this market. We will then settle the market as per our rules regardless of whether the election process is fully completed in 2020 or beyond.
If there is any material change to the established role or any ambiguity as to who occupies the position, then Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled.
Betfair expressly reserves the right to suspend and/or void any and all bets on this market at any time if Betfair is not satisfied (in its absolute discretion) with the certainty of the outcome.
Additional candidates may be added to this market on request.
Please note that candidates in this market will not be partially settled and will remain in the market until it is fully settled. This is to allow customers to continue trading candidates that they have positions on and because each candidate is still a valid runner in this market.
Customers should be aware that:
Transmissions described as “live” by some broadcasters may actually be delayed.
The extent of any such delay may vary, depending on the set-up through which they are receiving pictures or data.
Please note, due to internal administrative procedures, the indicated start date/time of this market is subject to change. This will have no impact on settlement as detailed in our market specific rules. Any changes to the start time/date will be recorded in the market rules. 16:00 17/06/2020 –Market rules have been updated to reflect new information above..
If any candidate withdraws for any reason, including death, all bets on the market will stand and be settled as per the defined rules (Updated - 20/06/2020)
The start time has been changed to reflect the first polls opening on Election Day Updated 02/11/2020
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Oh that's cool. Looks like those terms are way better than the other betting markets. Nice.
Good luck anyway (I have £300 on Trump @34 which I staked last week). 👍💪💰. It makes the run in a bit more exciting anyway. As a UK patriot I firmly hope he wins for you all.
Trump is well aware that We The People are headed for war if this fraud is allowed to stand. He will pull it off. I expect in a way that has little to do with fraud, which is why I mentioned Biden becoming ineligible.
I trust Trump. He's got this. He knows the stakes better than anyone.
I put a bet on with smarkets at 20/1 2 days before the election. They settled on Biden but have told me they'll re-settle if Trump wins.
Don't know if they will or not, remains to be seen
Poor troll attempt
Maximum was 36 to 1. Its very risky because of the fine print.
I did bet more this morning because i see big events this week end.