Sportsbooks that aren’t paying out on Biden winning the US Presidential Election - page 6.

figmentofmyass

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Quote from: Haunebu on November 25, 2020, 12:35:18 PM

Quote from: rdbase on November 25, 2020, 10:52:36 AM

Pinnacle, Betfair, and those who affiliated with these books still have not paid out these winning bets yet and won't until probably January 20th when he has to step down even if he has not conceded/saying he has lost by then.
This would be the very last date the bookies would need to settle their bets.

Absolutely pathetic. They should have informed all punters regarding this rule before the elections started since very few read the T&C due to how complicated they are. Am seriously surprised to see such top books and exchanges delay player winnings like this

common sense says that until the election is certified, the results aren't official. i remember saying a couple months ago that any close election is gonna end up just like 2000, with weeks or even months of recounts, legal fights.

on that note, a pennsylvania judge just halted election certification proceedings amidst the legal fight over mail-in votes. https://www.foxnews.com/politics/pennsylvania-judge-halts-election-certification-mail-in-vote-lawsuit

it would be one thing if the election were a landslide. since it wasn't......it ain't over until it's over. the silver lining here is that if you really believe biden is guaranteed to win, you can get all the free money you want at 1.05 odds.

Quote from: Haunebu on November 25, 2020, 12:35:18 PM

Many books which are way less popular than them in comparison already paid out Biden bets even though they were aware of the risks.

that's because they have far less financial exposure than larger books. they can afford it.

betfair has to pay out $1.36 billion (and counting) in bets on this. what happens if they pay out and then the results are overturned?

aesma

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Quote from: RealMalatesta on November 24, 2020, 03:17:59 PM

Quote from: vYsni4 on November 23, 2020, 08:15:52 PM

Trump just wrote on twitter :

I want to thank Emily Murphy at GSA for her steadfast dedication and loyalty to our Country. She has been harassed, threatened, and abused – and I do not want to see this happen to her, her family, or employees of GSA. Our case STRONGLY continues, we will keep up the good...
...fight, and I believe we will prevail! Nevertheless, in the best interest of our Country, I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.

If I understanding correctly it means that official transition will begin now.

He literally wrote about continuing to fight right afterwards as well. This dude is basically doing what needs to be done officially but also goes to twitter to keep his fans angry and fighting just because he likes the attention. He can't just accept defeat when all of his image based on attention and getting showered with (pun intended) love.

So, he will never concede, if you are expecting him to concede at any point of this, you are not going to like what you will see because that will not happen. What will happen is the fact that this election which had no fraud at all will make Biden the president, Trump will have to leave white house and become a regular citizen, and he will still go around the nation talking about how he was cheated out of office, even after we are well into Biden's presidency. You want to know something funny? When Biden's 4 year term ends and either he or someone else is president, Trump will still be saying he was cheated out of white house.

I agree that he will probably never concede as he needs to keep the Trump cult going, however the tweet about letting the transition happen (and it's not just a tweet, he has really let the ball roll) is still him admitting that he isn't going to stay president.

Haunebu

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Quote from: rdbase on November 25, 2020, 10:52:36 AM

Pinnacle, Betfair, and those who affiliated with these books still have not paid out these winning bets yet and won't until probably January 20th when he has to step down even if he has not conceded/saying he has lost by then.
This would be the very last date the bookies would need to settle their bets.

Absolutely pathetic. They should have informed all punters regarding this rule before the elections started since very few read the T&C due to how complicated they are. Am seriously surprised to see such top books and exchanges delay player winnings like this.

Many books which are way less popular than them in comparison already paid out Biden bets even though they were aware of the risks.

shield132

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Trump's statements are so funny but the most curious and hilarious thing is that the USA is the major observatory of elections in other small countries their statements over elections has value but... Right now, USA states that election was stolen. Isn't this hilarious? Cheesy

I think some sportsbooks are owned by the Trump Organization and they still think that election was stolen and the real winner is Mr Trump (joke).

I think that in reality the casinos that were stated aren't in profit and they have a reason to wait for a while, they may wait until Trump will stop tweeting that he is the real winner and election was stolen.

GamblingSiteFinder

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Bovada, one of the largest USA-friendly offshore sportsbooks, began grading 2020 Election bets yesterday.

https://twitter.com/BovadaOfficial/status/1331341134333759489 (1/2)

https://twitter.com/BovadaOfficial/status/1331341444871827457 (2/2)

From that second Tweet:

Quote

In the event that Donald Trump is later named winner in a state race or gains enough electoral votes to capture the Presidency, we will re-grade those results!

rdbase

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Quote from: Finestream on November 21, 2020, 05:23:35 PM

Quote from: VanityWallets2015 on November 21, 2020, 04:53:07 PM

This time it is also a lot more complex that it goes this way. Trump will also not be quick to acknowledge his downfall and will do anything to win the election.

For his years in the presidency, people have seen enough of him and they were not happy, that's the reason why he loss in the election.
Of course he already taste how sweet to be in power, he would not give up easily, but it's not him who speak for that, people will.

Quote from: VanityWallets2015 on November 21, 2020, 04:53:07 PM

I hope he doesn't win, he is also a very bad loser by the way.

He will not win, people know Biden got this already, an official announcement is the only thing they are waiting before grading bets out.

The grading of the bets made on biden to win by bookies will happen if he concedes because the ones who have not paid out yet have a rule in the terms of the bets saying if he does not say "he lost" then they will not pay out until he most definitely has conceded the presidency. In essence saying that he had lost.
But has instead said they will see it out in court. This is where many of the books who still not have paid are protected because they state in their rules before you place your bet if it goes to court then they will have to wait until they get the official result from these court cases.
Pinnacle, Betfair, and those who affiliated with these books still have not paid out these winning bets yet and won't until probably January 20th when he has to step down even if he has not conceded/saying he has lost by then.
This would be the very last date the bookies would need to settle their bets.

vYsni4

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Quote from: Finestream on November 25, 2020, 04:12:38 AM

Quote from: FinneysTrueVision on November 23, 2020, 09:18:58 PM

Quote from: vYsni4 on November 23, 2020, 08:15:52 PM

Trump just wrote on twitter :

I want to thank Emily Murphy at GSA for her steadfast dedication and loyalty to our Country. She has been harassed, threatened, and abused – and I do not want to see this happen to her, her family, or employees of GSA. Our case STRONGLY continues, we will keep up the good...
...fight, and I believe we will prevail! Nevertheless, in the best interest of our Country, I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.

If I understanding correctly it means that official transition will begin now.

Even the Trump campaign seems to acknowledge that this thing is over and they have no chance. The only reason to continue stringing along his supporters is probably a financial motive or maybe he thinks it puts him in a stronger position to have influence and control over the Republican party. It is time to move on and for betting markets to stop dragging their feet on this.

Okay, so does this mean that the bookies does not wait anything anymore to grade bets, or have they grade the bets already?

Twitter post seems not an official announcement though, so I think this is not what the bookies are looking for when grading bets.

Cloudbet.com haven't payed out yet.

Finestream

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Quote from: FinneysTrueVision on November 23, 2020, 09:18:58 PM

Quote from: vYsni4 on November 23, 2020, 08:15:52 PM

Trump just wrote on twitter :

I want to thank Emily Murphy at GSA for her steadfast dedication and loyalty to our Country. She has been harassed, threatened, and abused – and I do not want to see this happen to her, her family, or employees of GSA. Our case STRONGLY continues, we will keep up the good...
...fight, and I believe we will prevail! Nevertheless, in the best interest of our Country, I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.

If I understanding correctly it means that official transition will begin now.

Even the Trump campaign seems to acknowledge that this thing is over and they have no chance. The only reason to continue stringing along his supporters is probably a financial motive or maybe he thinks it puts him in a stronger position to have influence and control over the Republican party. It is time to move on and for betting markets to stop dragging their feet on this.

Okay, so does this mean that the bookies does not wait anything anymore to grade bets, or have they grade the bets already?

Twitter post seems not an official announcement though, so I think this is not what the bookies are looking for when grading bets.

RealMalatesta

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Quote from: vYsni4 on November 23, 2020, 08:15:52 PM

Trump just wrote on twitter :

I want to thank Emily Murphy at GSA for her steadfast dedication and loyalty to our Country. She has been harassed, threatened, and abused – and I do not want to see this happen to her, her family, or employees of GSA. Our case STRONGLY continues, we will keep up the good...
...fight, and I believe we will prevail! Nevertheless, in the best interest of our Country, I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.

If I understanding correctly it means that official transition will begin now.

He literally wrote about continuing to fight right afterwards as well. This dude is basically doing what needs to be done officially but also goes to twitter to keep his fans angry and fighting just because he likes the attention. He can't just accept defeat when all of his image based on attention and getting showered with (pun intended) love.

So, he will never concede, if you are expecting him to concede at any point of this, you are not going to like what you will see because that will not happen. What will happen is the fact that this election which had no fraud at all will make Biden the president, Trump will have to leave white house and become a regular citizen, and he will still go around the nation talking about how he was cheated out of office, even after we are well into Biden's presidency. You want to know something funny? When Biden's 4 year term ends and either he or someone else is president, Trump will still be saying he was cheated out of white house.

FinneysTrueVision

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Quote from: vYsni4 on November 23, 2020, 08:15:52 PM

Trump just wrote on twitter :

I want to thank Emily Murphy at GSA for her steadfast dedication and loyalty to our Country. She has been harassed, threatened, and abused – and I do not want to see this happen to her, her family, or employees of GSA. Our case STRONGLY continues, we will keep up the good...
...fight, and I believe we will prevail! Nevertheless, in the best interest of our Country, I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.

If I understanding correctly it means that official transition will begin now.

Even the Trump campaign seems to acknowledge that this thing is over and they have no chance. The only reason to continue stringing along his supporters is probably a financial motive or maybe he thinks it puts him in a stronger position to have influence and control over the Republican party. It is time to move on and for betting markets to stop dragging their feet on this.

vYsni4

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Trump just wrote on twitter :

I want to thank Emily Murphy at GSA for her steadfast dedication and loyalty to our Country. She has been harassed, threatened, and abused – and I do not want to see this happen to her, her family, or employees of GSA. Our case STRONGLY continues, we will keep up the good...
...fight, and I believe we will prevail! Nevertheless, in the best interest of our Country, I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.

If I understanding correctly it means that official transition will begin now.

Emitdama

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The problem with those sportsbooks that are not paying right now because "results are not official yet" are basically just trying to keep the money with them for a bit more probably, I don't know what they are hoping for, at the end of the day even though the results are not "official" yet, is there even a %1 chance trump can win? No. Look at what happened in PA for example, it is done deal and not going to change, look at Georgia today, it is done deal (signed literally by a republican registered judge that Biden won) and it is not going to change there.

Look at Michigan, a recount was done and it is not going to change. These are not just some heresay or anything, these are literally judge orders that CAN'T change, so there is absolutely no reason why sportsbooks shouldn't pay on Biden when there is no official way left for Trump to win.

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Quote from: Xavofat on November 22, 2020, 10:40:37 PM

Quote from: vYsni4 on November 21, 2020, 07:39:53 PM

I've placed a bet for Biden on cloudbet.com and they are still not paying out. I have contacted them many times , but they always say the same, that they are waiting until official results will be announced.

Luckily I placed my bet with sportsbet, and they paid for my victory first.
I understand the reason for your concern, but there is nothing to do here. Which means they will not payout before the official announcement. Wait patiently and stay with authentic bookies next time.

Many people have placed the bets in authentic Bookies only, but many of the Bookies are strict with their rules. Therefore they are waiting for the official announcement.
Sportsbet.io is one of the best Bookies, they have settled the bets from the beginning only when the media announced the winner.
Nevertheless let's wait for the official announcement from the GSA, so that Bookies will settle our bets As soon as possible.

Xavofat

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Did you see that ludicrous display last night?

Quote from: vYsni4 on November 21, 2020, 07:39:53 PM

I've placed a bet for Biden on cloudbet.com and they are still not paying out. I have contacted them many times , but they always say the same, that they are waiting until official results will be announced.

Luckily I placed my bet with sportsbet, and they paid for my victory first.
I understand the reason for your concern, but there is nothing to do here. Which means they will not payout before the official announcement. Wait patiently and stay with authentic bookies next time.

aesma

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Quote from: vYsni4 on November 22, 2020, 08:36:51 PM

I think the biggest problem is that The General Services Administration still refuses to acknowledge Biden's victory and begin the formal transition and without them signing the transition results seems to be not official.

At the end of the day the transition is a political thing not an administrative one. Trump is president until the 20th January 2021 and no administration can do anything about it. It is (was) a courtesy for presidents who either lost the election or weren't candidates to make a transition happen with the person who won, but not something written in law.

vYsni4

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I think the biggest problem is that The General Services Administration still refuses to acknowledge Biden's victory and begin the formal transition and without them signing the transition results seems to be not official.

sana54210

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The key word here is the fact that nobody has ever accepted any case from Trump team and it gets either declined/rejected or it goes to officials and they do recount and the results are literally the same.

I would understand the uncertainty of the results if there were cases that was taken and it was investigating and the whole election was something that was certainly shady and clouds all over it, that would make sense to wait because we would be uncertain about the results and what is going on. 2000 is a great example for this, that was uncertain and it was too close.

However what we are missing here is that, there is no uncertainty in anywhere official, all the courts and states are saying the results, there is no doubt and nothing shady, it is just plain old results that Trump just denies and that is the whole commotion caused by, trump just denies the official results and can't accept losing.

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Quote from: bitgolden on November 21, 2020, 05:32:32 PM

I really do not believe that there is a reason to keep these bets to this day. I understand that the results may not be "official" on paper right now but what is the chance of Trump still being president?

The question was "who will win the election" and the election is already over, Biden won and that's it, if you are still not paying as a sportsbook, you are not doing it because it works for you, maybe you want to put the money into interest for few more months and make a return, maybe you are using that money for something else to get a good return, whatever the reason is if a sportsbook is still not paying Biden win, that means they are not doing it for any political or election related stuff, they are not doing it because not paying for few more months works out for them and that's it. They are ill intended and bad places and I wouldn't gamble there anymore.

I have to agree with you here. They have ulterior motives why they are not paying their players, where clearly Biden won the election. Waiting for official announcement is a weak reasoning from their end why they are still holding the funds. But for those bettors, they will see now which sportsbooks are better and will be a lesson for them which bookie to choose for the next betting season for this event.

vYsni4

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I've placed a bet for Biden on cloudbet.com and they are still not paying out. I have contacted them many times , but they always say the same, that they are waiting until official results will be announced.

aesma

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How do they do it for let's say cycling, when sometimes doping changes the results, sometimes years later ? Surely they're not going back and taking the money from winners to give it to those who were right "after all" ?

Topic: Sportsbooks that aren’t paying out on Biden winning the US Presidential Election - page 6. (Read 2580 times)