Yes, they are sealed. But you can get a projection out of the voting act of today.
"This market will be settled according to the candidate that has the most projected electroral college votes won at the 2020 presidential election"
Then they add:
"Any subsequent events such as a "faithless elector" will have no effect on the settlement of this market."
Meaning, if there are "faithless electors" (an elector who does not vote for the candidates for U.S. President and U.S. Vice President for whom the elector had pledged to vote and instead votes for another person for one or both offices or abstains from voting) it's only the projection that counts for the settlement of the market.
do they allow you to immediately withdraw the funds, or is there a wait / holding period? I think (not 100% sure) predictit has a 30 day hold on winnings, which would help in this case.
Yep.. I just got shafted by Betfair too.. paid out on Biden. they had $3 billion in matched bets on the elction too.
There's gonna be some big class actions if the results get flipped I'm guessing.
I was shafted too... but there's nothing we can do.
We accepted their stupid terms.
"The cadidate that has the most projected electroral college votes won at the 2020 presidential election". That's it. That's what settles the market.
They made a lot of corrections along the way, including stating they would wait till all legal challenges were finalised.
Whose projection? Aren't they sealed?
Yes, they are sealed. But you can get a projection out of the voting act of today.
"This market will be settled according to the candidate that has the most projected electroral college votes won at the 2020 presidential election"
Then they add:
"Any subsequent events such as a "faithless elector" will have no effect on the settlement of this market."
Meaning, if there are "faithless electors" (an elector who does not vote for the candidates for U.S. President and U.S. Vice President for whom the elector had pledged to vote and instead votes for another person for one or both offices or abstains from voting) it's only the projection that counts for the settlement of the market.
So, they're blindly settling? Sounds rigged
do they allow you to immediately withdraw the funds, or is there a wait / holding period? I think (not 100% sure) predictit has a 30 day hold on winnings, which would help in this case.
Any Aussies here? What is the TAB’s position??
Dunno mate.. I had my money with Betfair.