Hi Guys,
Here is an update we are providing to our customers who come to chat to dispute the US election results and payouts. Not all payouts are done, as there is some waiting til be done.
But we believe in paying out fun fast and fair... and regardless of people's opinion ( everyone has a right to have one ) we have gone with this option ..
""It certainly has been quite an interesting week and one most did not expect to happen.
As we see today, Joe Biden has secured enough electoral votes (290 where 270 is needed for victory) sportsbet.io plus other world wide bookmakers have made the decision to settle the markets on the 2020 United States of America election.
This election has no doubt been a huge emotional ride for all those concerned, whether you have be directly connected, somewhat connected, or financially connected through placing a wager on the event offered.
Regardless of your political alignment over this US election, the sportsbet.io trading team, along with all other sportsbooks over the world have unanimously agreed that it is time to payout the customers on this event.
As mentioned previously, sportsbet.io and all other bookmakers will payout the selections on Joe Biden and his party, to be the WINNERS of the USA 2020 Presidential race.
With the results and information at hand, there is no reason to hold back on settling this event. If there is any undeniable and conclusive results that show Donald Trump and his party clearly winning over 270 Electoral Votes in the 2020 USA Elections, please forward to us for consideration.
But for now, this will be the final decision regarding the market. As per other market settlements, we pay out the first nominated winner and what happens in the courts after this point in time will not change the results of the payout.""From myside, its important to realise that this event is not really that different to a Formula one race that gets over turned due to a car being disqualified.. Once the car crosses the line and driver gets the trophy, that is it. We Pay.
Similar to Lance Armstrong and the Tour De France, No book is going back to payout 2nd place for all those if events get over turned in the courts later.
Its just the nature of sportsbooks.. some people will agree, some not.
Moving forward, good luck on your bets today.. and for the first time in a long time,
Ive some Multi's in my account still active going into SUNDAY! wooo!! regards,
Steve.
Sportsbet.io
Thank you for your prompt informative reply about this particular situation.
Since the middle of October I have made single and multiple bets including the following bet : "US Presidential Election - Winning Party".
The Status of the official result of the election of the president of USA is in pending mode.
As I read you I think I understand that if Trump wins my bets will turn into green which is fair.