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50
T_BigD1745 50 points ago +52 / -2

Not gonna matter. Their TOS clearly states that they can call it whenever they want, and whoever is percieved to be the winner at that point is who the bets are paid to.

13
2l84aa 13 points ago +14 / -1

Betfair also paid out to Biden moments ago

They have based their settlement rules around this

"The cadidate that has the most projected electroral 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 acoordance with the procedures set out by the Twelfth amandement to the United States Constitution"

Why not just settle on who is inaugurated??

17
T_BigD1745 17 points ago +17 / -0

It says in that paragraph that the bet will be paid to the president as recognized by the 12th amendment process. Doesnt that process include contested electors and the President of the Senate's choices?

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2l84aa 3 points ago +4 / -1

i saved the whole thing

https://i.imgur.com/ENL5Ndf.jpg

sorry for the highlighted part but I was trying to show something to someone and went back to whatsapp to get it