I've just been on the chat to try and confirm that when Trump is declared the next president, they will pay out. Initially I was told the market is settled correctly and that it won't be resettled. I argued a bit of common sense that if Trump is sworn in they are clearly cheating people as we didn't bet on the electorial college, but Trump would be the next president. They then replied this:
"I would suggest that you keep an eye out on this page:
The traders will update this in the coming days with updates regarding the market and what happens if Trump is actually going to win."
Fingers crossed this means they will pay out and their decision is not final. Anybody else got bets on curios about this? Have you found anything else out?
Cheers!
I get what your saying mate, but it is open for interpretation when the projected electors are decided, some could argue its not until.Jan 6 when the elector votes are accepted, also they mentioned the 12th amendment which doesn't make sense to then settle on 15th Dec before that had a chance to play out. and the fact they called it "next president"
that Oz FB group has 2000 members with a combined potential winning of over 100 million, all ready to join a class action, pretty sure it won't be hard finding a lawyer to take it on, thats if Betfair is stupid enpugh to fight it and destroy any reputation they had.
Sorry I thought you were replying to a different thread of mine.
It only matters what's in the terms and conditions, and what you can convince a judge or jury you thought you were agreeing to.
Those two things are what will be pitted against each other in a courtroom. OP posted that his terms and conditions mentioned "projected elector winners" probably as determined by the Jan 6 vote. If that's in the terms and conditions, then it only matters if he can convince a judge that he was deceived into thinking the bet was on who would become president.