They have based their settlement rules around this
"The candidate 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 accordance with the procedures set out by the Twelfth amendement to the United States Constitution"
The goal here was to pay out as fast as possible. I get that. In most years it wouldn't be an issue. But this year they chose the complete wrong way to settle this.
I was shafted too... but there's nothing we can do.We were in fact betting on PROJECTED electroral college votes and not "Next President" as the bet stated. The fucking small print under "Rules" is all that matters. That's the contract.
We accepted their stupid terms.
"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.
We got so fucking screwed!!
They have based their settlement rules around this
"The candidate 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 accordance with the procedures set out by the Twelfth amendement to the United States Constitution"
The goal here was to pay out as fast as possible. I get that. In most years it wouldn't be an issue. But this year they chose the complete wrong way to settle this.
I was shafted too... but there's nothing we can do.We were in fact betting on projected electroral college votes and not "Next President" as the bet stated. The fucking small print under "Rules" is all that matters. That's the contract.
We accepted their stupid terms.
"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.
We got so fucking screwed!!
They have based their settlement rules around this
"The candidate 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 accordance with the procedures set out by the Twelfth amendement to the United States Constitution"
The goal here was to pay out as fast as possible. I get that. In most years it wouldn't be an issue. But this year they chose the complete wrong way to settle this.
I was shafted too... but there's nothing we can do.We were in fact betting on projected electroral college votes and not "Next President" as the bet stated. The fucking small print under "Rules" is all that matters.
We accepted their stupid terms.
"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.
We got so fucking screwed!!
They have based their settlement rules around this
"The candidate 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 accordance with the procedures set out by the Twelfth amendement to the United States Constitution"
The goal here was to pay out as fast as possible. I get that. In most years it wouldn't be an issue. But this year they chose the complete wrong way to settle this.
I was shafted too... but there's nothing we can do.We were in fact betting on projected electroral college votes and not "Next President" as the bet stated. The fucking small print is all that matters.
We accepted their stupid terms.
"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.
We got so fucking screwed!!
They have based their settlement rules around this
"The candidate 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 accordance with the procedures set out by the Twelfth amendement to the United States Constitution"
The goal here was to pay out as fast as possible. I get that. In most years it wouldn't be an issue. But this year they chose the complete wrong way to settle this.
I was shafted too... but there's nothing we can do.
We accepted their stupid terms.
"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.
We got so fucking screwed!!