I don’t - but I have info on horses/dogs having been found out to have had enhancing drugs disqualifying them - and then the 2nd place winners being paid out much later
If everything fails, electors back out, etc., Trump should show up to the ceremony with a box containing two old pistols and tell Biden: "Choose one." They agree to ten paces, but of course, Biden cheats, turns around after three and fires at Trump's back. Luckily the bullet manufacturers have switched to Dominion machinery, and it only puts gun powder in 30% of it's bullets. After two shots Biden looks at his pistol, then down the barrel...and pulls the trigger again. Hispanics make pinjata out of his carcass. Hunter gets Netflix deal worth $500 million to just live stream himself smoking crack while fucking underage relatives and hooking them on crack too. He could take his show on the road like Anthony Bourdain. Show name: "Doing Hard Drugs with minors and banging underaged children around the world" (It's a working Title, I need a catchier name)
Found this:
"We must therefore wait until there is clarity around any ongoing recounts and any potential legal challenges to the results before we can settle the market,” the representative said."
Yeah, obviously. And if the Trump-team/GOP has sent contesting electors, they BOTH get more than 270 projected electorates until the illegal votes are thrown out together with the corrupted Biden-electorate.
Found this on betfair though:
"Please read the below for an update on potential settlement of Betfair's Next President market...
Nov 27, Update
Update on settlement of the US election markets on the Betfair Exchange (dated Friday, 27th November, [17:00])
We have not settled certain markets on the Betfair Exchange relating to the U.S. election because of the uncertainty about the outcome of the results caused by ongoing recounts and potential legal challenges.
Given our responsibility to both backers and layers to ensure that the markets are settled correctly and given the unprecedented amount of money that has been traded on these markets, we have sought advice from leading U.S. lawyers to determine the appropriate time to settle the markets.
We currently anticipate that we will wait until the outcome of the Electoral College votes on 14 December 2020 is known before we settle the markets. This, of course, assumes that there is no conclusive outcome before this date.
The Exchange was briefly suspended at [17:00] this afternoon (Nov 27) to clear unmatched bets. It has now reopened for customers to trade their positions.
The below was posted Nov 5
Ordinarily in a US election, a result declaration from various news networks would be followed by a concession speech by the losing candidate.
This would trigger the settlement of the remaining Betfair markets. It's what happened in 2008, 2012 and 2016.
As you know - and as was widely predicted - 2020 is no ordinary election! One reason for this is the turnout which looks set to be the highest for over a century. This means it's taking longer to count the votes, especially in swing states.
Another factor is the possibility that the losing candidate may challenge the results in the courts.
We will only settle the markets when there is certainty around which candidate has the most projected Electoral College votes.
Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results."
Holy shit this is going to be insane if Trump pulls it off and they get massive lawsuits unless there is something in their Terms of Service that says they can get away with this.
but the terms of service are so different to what the bet is, that's the problem. Projected winner and the actual winner are 2 different things. Just because they have it as part of TOS, doesn't mean it's ok.
Most of the sites have this ultra-vague "projected electors" thing. And if not that, then 12th amendment kicks in. But that apparently did not happen, even though it is contested..?
But who decides what the projected electors are?
Was it a official yesterday?
saw this this morning, their terms and conditions of "the projected winner" is in direct conflict with the official winner (or will be once Trump get inaguarated)
The bet was for "Next US President", not "Candidate with the most projected EC votes", that's a massive difference there and yeah if they don't settle I imagine some people will take them to court. That's my take.
From their previous statement. Absolutely ridiculous flip!
"Please read the below for an update on potential settlement of Betfair's Next President market...
Nov 27, Update Update on settlement of the US election markets on the Betfair Exchange (dated Friday, 27th November, [17:00])
We have not settled certain markets on the Betfair Exchange relating to the U.S. election because of the uncertainty about the outcome of the results caused by ongoing recounts and potential legal challenges.
Given our responsibility to both backers and layers to ensure that the markets are settled correctly and given the unprecedented amount of money that has been traded on these markets, we have sought advice from leading U.S. lawyers to determine the appropriate time to settle the markets.
We currently anticipate that we will wait until the outcome of the Electoral College votes on 14 December 2020 is known before we settle the markets. This, of course, assumes that there is no conclusive outcome before this date.
The Exchange was briefly suspended at [17:00] this afternoon (Nov 27) to clear unmatched bets. It has now reopened for customers to trade their positions.
The below was posted Nov 5 Ordinarily in a US election, a result declaration from various news networks would be followed by a concession speech by the losing candidate.
This would trigger the settlement of the remaining Betfair markets. It's what happened in 2008, 2012 and 2016.
As you know - and as was widely predicted - 2020 is no ordinary election! One reason for this is the turnout which looks set to be the highest for over a century. This means it's taking longer to count the votes, especially in swing states.
Another factor is the possibility that the losing candidate may challenge the results in the courts.
If Trump wins - and the contested states election results are overturned - they’ll still have to pay out Trump wins
Do you have any more info on this actually heppening before?
Like, what happened to with bush/gore?
I don’t - but I have info on horses/dogs having been found out to have had enhancing drugs disqualifying them - and then the 2nd place winners being paid out much later
I imagine this is the same
Do they get the money back from the actual losers or do they then bear the expense themselves?
Thanks for this, BTW. Can't imagine the bookies will get away with this, so many people placing bets on this. Many most likely muuuch more than me.
From what I’ve seen , they don’t get the money back from the actual losers - They wind up paying out both sides which will be a fitting justice
If the result turns out to be fraudulent - they will have to go back and fix the people who were not paid based on that fraud
Horses and dogs? Enhancing drugs?
The guy who said "dog-faced pony soldier" took drugs to enhance his performance at the debate!
I cracked the code! Trump will be declared winner later and sites will pay out. Screenshot this.
yes. This highly illegal for them. We have the law on our side
If everything fails, electors back out, etc., Trump should show up to the ceremony with a box containing two old pistols and tell Biden: "Choose one." They agree to ten paces, but of course, Biden cheats, turns around after three and fires at Trump's back. Luckily the bullet manufacturers have switched to Dominion machinery, and it only puts gun powder in 30% of it's bullets. After two shots Biden looks at his pistol, then down the barrel...and pulls the trigger again. Hispanics make pinjata out of his carcass. Hunter gets Netflix deal worth $500 million to just live stream himself smoking crack while fucking underage relatives and hooking them on crack too. He could take his show on the road like Anthony Bourdain. Show name: "Doing Hard Drugs with minors and banging underaged children around the world" (It's a working Title, I need a catchier name)
Found this: "We must therefore wait until there is clarity around any ongoing recounts and any potential legal challenges to the results before we can settle the market,” the representative said."
https://www.marketwatch.com/story/more-than-two-weeks-later-sportsbooks-still-have-not-paid-out-bets-from-the-2020-presidential-election-11605806427
Then what the fuck happened??
They've put themselves in a legal hole.
Yeah, obviously. And if the Trump-team/GOP has sent contesting electors, they BOTH get more than 270 projected electorates until the illegal votes are thrown out together with the corrupted Biden-electorate.
Found this on betfair though:
"Please read the below for an update on potential settlement of Betfair's Next President market...
Nov 27, Update Update on settlement of the US election markets on the Betfair Exchange (dated Friday, 27th November, [17:00])
We have not settled certain markets on the Betfair Exchange relating to the U.S. election because of the uncertainty about the outcome of the results caused by ongoing recounts and potential legal challenges.
Given our responsibility to both backers and layers to ensure that the markets are settled correctly and given the unprecedented amount of money that has been traded on these markets, we have sought advice from leading U.S. lawyers to determine the appropriate time to settle the markets.
We currently anticipate that we will wait until the outcome of the Electoral College votes on 14 December 2020 is known before we settle the markets. This, of course, assumes that there is no conclusive outcome before this date.
The Exchange was briefly suspended at [17:00] this afternoon (Nov 27) to clear unmatched bets. It has now reopened for customers to trade their positions.
The below was posted Nov 5 Ordinarily in a US election, a result declaration from various news networks would be followed by a concession speech by the losing candidate.
This would trigger the settlement of the remaining Betfair markets. It's what happened in 2008, 2012 and 2016.
As you know - and as was widely predicted - 2020 is no ordinary election! One reason for this is the turnout which looks set to be the highest for over a century. This means it's taking longer to count the votes, especially in swing states.
Another factor is the possibility that the losing candidate may challenge the results in the courts.
We will only settle the markets when there is certainty around which candidate has the most projected Electoral College votes.
Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results."
https://betting.betfair.com/politics/us-politics/us-election-betfair-market-settlement-latest-051120-204.html
STOP THE STEAL!!!!!!!
lol I imagine their US lawyers are democrats.
It's why I didn't bet.
I trust Trump to win.
But I dont trust betting sites.
Same. I really wanted to, but I couldn't afford the risk.
This is what I was telling people. The odds may br good, but you may not see that money for a very long time.
You need to wait till the end. To be able to show loss. Meaning trump would have to be inaugurated before you file suit.
Holy shit this is going to be insane if Trump pulls it off and they get massive lawsuits unless there is something in their Terms of Service that says they can get away with this.
Most terms of service had the 14 as the decision day
but the terms of service are so different to what the bet is, that's the problem. Projected winner and the actual winner are 2 different things. Just because they have it as part of TOS, doesn't mean it's ok.
Gotta read the fine print if you're gambling
I don't think that's going to save them because it'd wildly different to what the bet is. But we'll see.
Yeah, probably this.
Most of the sites have this ultra-vague "projected electors" thing. And if not that, then 12th amendment kicks in. But that apparently did not happen, even though it is contested..?
But who decides what the projected electors are? Was it a official yesterday?
Dispute it with whatever site you bet with.
Also file a claim against them with the relevant gambling monitoring/licensing entity.
Find the groups on facebook that are challenging your betting agent.
Some have already said that if Trump ends up winning then they'll pay out for bets on him as well, meaning they'll pay everyone.
It's utterly stupid for them to have settled this early. Fight them. I am.
Really is stupid, their ToS won't save them, it's too different to what the actual bet was.
Eating Popcorn Emoticon
Damn it. Fucking idiots listening to Propaganda to close their bets. I hope Trump wins and they have to pay everybody back.
Oh hell yes.
Probably after Trump is sworn in
I’m with PredictIt. These lefty really know how to steal our elections and our money.
saw this this morning, their terms and conditions of "the projected winner" is in direct conflict with the official winner (or will be once Trump get inaguarated)
The bet was for "Next US President", not "Candidate with the most projected EC votes", that's a massive difference there and yeah if they don't settle I imagine some people will take them to court. That's my take.
From their previous statement. Absolutely ridiculous flip!
"Please read the below for an update on potential settlement of Betfair's Next President market...
Nov 27, Update Update on settlement of the US election markets on the Betfair Exchange (dated Friday, 27th November, [17:00])
We have not settled certain markets on the Betfair Exchange relating to the U.S. election because of the uncertainty about the outcome of the results caused by ongoing recounts and potential legal challenges. Given our responsibility to both backers and layers to ensure that the markets are settled correctly and given the unprecedented amount of money that has been traded on these markets, we have sought advice from leading U.S. lawyers to determine the appropriate time to settle the markets. We currently anticipate that we will wait until the outcome of the Electoral College votes on 14 December 2020 is known before we settle the markets. This, of course, assumes that there is no conclusive outcome before this date. The Exchange was briefly suspended at [17:00] this afternoon (Nov 27) to clear unmatched bets. It has now reopened for customers to trade their positions.
The below was posted Nov 5 Ordinarily in a US election, a result declaration from various news networks would be followed by a concession speech by the losing candidate.
This would trigger the settlement of the remaining Betfair markets. It's what happened in 2008, 2012 and 2016.
As you know - and as was widely predicted - 2020 is no ordinary election! One reason for this is the turnout which looks set to be the highest for over a century. This means it's taking longer to count the votes, especially in swing states.
Another factor is the possibility that the losing candidate may challenge the results in the courts.
We will only settle the markets when there is certainty around which candidate has the most projected Electoral College votes. Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results." https://betting.betfair.com/politics/us-politics/us-election-betfair-market-settlement-latest-051120-204.html
STOP THE STEAL!!!!!!!