Sportsbooks that aren’t paying out on Biden winning the US Presidential Election - page 8.

xxjumperxx

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Quote from: Swordsoffreedom on November 14, 2020, 06:10:11 AM

Although Biden apparently won, Trump has not yet accepted this result.
While 270 electoral votes ensure the victory, Trump is still skeptical of Biden, despite winning 290 electoral votes.
I don't think Trump will ever accept this result in the future. The whole world cannot be paused for Trump's behavior like this.

It deserves praise that sportsbet.io paid out their users as quickly as possible. Other betting sites should also pay their users win quickly, without making panic.

If people dont know what they are betting on, then they probably should not be betting on it!
Media and Websites dont announce presidents. It happens when the electoral College states that Biden has won.
So if the money is tied up until then, oh well, Rules are Rules.

Swordsoffreedom

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Although Biden apparently won, Trump has not yet accepted this result.
While 270 electoral votes ensure the victory, Trump is still skeptical of Biden, despite winning 290 electoral votes.
I don't think Trump will ever accept this result in the future. The whole world cannot be paused for Trump's behavior like this.

It deserves praise that sportsbet.io paid out their users as quickly as possible. Other betting sites should also pay their users win quickly, without making panic.

Finestream

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Quote from: slapper on November 13, 2020, 05:16:32 PM

It is not right to annouce the winner at this time. We need to follow the rules so as to point out the right winner. Media and news are not the one to say who will be the next US president. There is nothing need to be worried. They will soon proceed your bet once the official president is selected.

Currently Trump is making many sues and lawsuits against all states which Biden wins. Remember 2000? Gore was claimed to be the next president, but it turned out to be that Bush was actually the winner. Too many drama

Backers for Biden are not worry that their bet would lose, what they are worried now is their winning is taking to long to be claim. We can understand as there are big bets on this politics betting, so if you are in the position, you will certainly get disappointed but like I said, not worried you'll lose.

slapper

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It is not right to annouce the winner at this time. We need to follow the rules so as to point out the right winner. Media and news are not the one to say who will be the next US president. There is nothing need to be worried. They will soon proceed your bet once the official president is selected.

Currently Trump is making many sues and lawsuits against all states which Biden wins. Remember 2000? Gore was claimed to be the next president, but it turned out to be that Bush was actually the winner. Too many drama

GamblingSiteFinder

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Some of the comments I'm reading in this thread are truly shocking.

According to various reports, there was more money wagered on this election than the past two Super Bowls combined! Can you imagine if sportsbooks paid out Falcons bettors during Super Bowl LI because they were 99.8% likely to win after going up 28-3 against the Patriots?

The small number of sportsbooks that graded 2020 Election bets early are taking MASSIVE, unnecessary risks by paying out before the results are actually official. I'd hate to be in their shoes if this election miraculously flipped in favor of Trump.

wiss19

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Quote from: LFC_Bitcoin on November 10, 2020, 03:49:08 PM

I placed a bet with sportsbet.io on Biden to win the election. They have paid me out my winnings.

I had one on Biden and it was settled too. I also had some small bets on states like Georgia where the counting is going to be done again so those bets are rightly pending on sportsbet.io and I don't care much and don't even check them now as they are small amounts and I made those for fun.

Quote from: LFC_Bitcoin on November 10, 2020, 03:49:08 PM

It’s good to know in advance of the next elections which bookies pay up fast and which don’t.

That is so true and now we know where to bet because from what I have seen and heard, stake and sportsbet.io have been really nice and stake even took a step forward and they haven't settled Trump bets as lost yet in case he somehow comes out victorious.

I have some sympathy with other bookies though because the elections are so confusing this time and not every sportsbook can take the loss, which for example stake might have to face in case Trumps comes out as winner at the end.

figmentofmyass

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Quote from: DarkStar_ on November 11, 2020, 01:17:36 AM

Orbit (and thus Betfair Exchange, except Orbit isn't region blocked) currently has Biden at 1.10 and Trump at 10.5 to be the next president. PredictIt is also showing similar numbers. Prediction markets are generally considered sharp.

It's great to see sites like Sportsbet.io and Stake payout early (essentially as a promotion, since there's a non zero chance that Biden doesn't end up being president), but I personally wouldn't fault other sportsbooks for not paying out. It might seem like a clear victory for Biden if you look at mainstream media, but there's clearly a number of factors that somehow give Trump a 10% chance of winning.

i'm pretty sure it's just staunch trump supporters with their heads in the sand who keep betting his odds up. there's no way trump's true chances are close to 10%. the odds of having the results overturned in multiple states (whether by recount or supreme court decision) based on past elections is way under 1%. it's completely unprecedented and there's been no evidence of foul play---just baseless rumors from the usual suspects.

i'm surprised some sites paid out as early as they did. as unlikely as i personally view a trump victory, they would be in a very, very deep hole if they paid out biden bets and then the results were overturned. i think it's fair to wait for certified election results in any close election.

fullhdpixel

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Quote from: Karartma1 on November 12, 2020, 04:26:21 AM

I'm not from the States but according to what it's slowly coming out this has been the most embarrassing US Election in history, even worse than Gore v. Bush 2000. I knew this could have been a contested election and I decided consciously not to bet on this event.
Not the Media but the people should elect the President. Even if Biden won correctly, Media attitude towards Donald Trump, being the US President, was and still is disgusting.

Do not try to explain to why 2000 and today is different to a Trump fan, they will first try to take you down to their level and they will beat you with their experience at low levels. Nobody in the right mindset could ever argue a logical path that could see Trump win, if you asked even the most veteran political science professor if they could find any logical way Trump could win, they couldn't tell you any.

There is no recount that closes that much difference and there is not enough voter fraud and certainly there is zero election fraud. However let the sportsbooks be, they can pay up now or they can pay up by January/February, as long as you wagered on Biden and you know you won, you could totally just move on with your life and get paid later on when the time comes.

marioantonini

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Quote from: DarkStar_ on November 11, 2020, 01:17:36 AM

Orbit (and thus Betfair Exchange, except Orbit isn't region blocked) currently has Biden at 1.10 and Trump at 10.5 to be the next president. PredictIt is also showing similar numbers. Prediction markets are generally considered sharp.

It's great to see sites like Sportsbet.io and Stake payout early (essentially as a promotion, since there's a non zero chance that Biden doesn't end up being president), but I personally wouldn't fault other sportsbooks for not paying out. It might seem like a clear victory for Biden if you look at mainstream media, but there's clearly a number of factors that somehow give Trump a 10% chance of winning.

Besides lawsuits/recounts/direct election effects, there's also the possibility that Biden wins, but dies and Kamala Harris becomes president (0.2% according to Betfair Exchange).

when i saw your post i didn't want to believe it and i went to betfair to check Grin

Now Biden odd's is 1.09 ut for me is really high,that would be a very easy 10% profit, I can't think about how it can lose, it would be a huge scandal even for the united states

FinneysTrueVision

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Quote from: xxjumperxx on November 12, 2020, 01:19:04 AM

Says who? The Media?

The states have counted the votes and have announced their conclusions. Even Republican secretaries of state and attorney generals are saying there is no evidence of voter fraud.

Quote from: xxjumperxx on November 12, 2020, 01:19:04 AM

Its a assumption at best, the official results arent in.

Its like a Soccer game where the Team is up 3:0 and there is 3 Minutes left to play, yes it looks like the Team leading will win, but is it done? NO.

The official results are just a formality. The conspiracy theories have been mostly debunked and several of Trump's lawsuits have already been thrown out. Hillary had a better chance of overturning the previous election but the casinos still paid out a few days after election day because it would have been unreasonable to wait for unfounded allegations to pan out.

tbterryboy

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Quote from: Karartma1 on November 12, 2020, 04:26:21 AM

I'm not from the States but according to what it's slowly coming out this has been the most embarrassing US Election in history, even worse than Gore v. Bush 2000. I knew this could have been a contested election and I decided consciously not to bet on this event.
Not the Media but the people should elect the President. Even if Biden won correctly, Media attitude towards Donald Trump, being the US President, was and still is disgusting.

Yeah, I don't understand why there are talks about election fraud just because Biden won. I mean had Trump won everyone would have been quite and nice which is a really poor sign from their media. I hope Biden will be a better president rather than being a big mouth like Trump.

As far as bet settlement are concerned I actually knew the election results will be delayed because there were news that results will be slow so I never made too big of bets to get anxious for settlement.

Trump bettors are just quietly waiting for him to prove the election fraud which is menacing because elections are over and results are public now there is no reason to delay the settlement for betting sites. I do not understand just because a sore loser makes baseless claims that is Trump, why is everyone trusting him.

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Quote from: Ayiranorea on November 12, 2020, 05:15:33 AM

No media clearly announced the win of Biden. This is completely unfair way of governance. Let them be like this, but the gambling site owners should've known what is happening with the election. Maybe majority could've placed bet over Biden. This could've caused them big loss, which might be the reason to delay the settlement on the winning bets. Both the sites mentioned were highly reputed ones, and these sites doing this kind of act is very bad.

Creating such bet between Trump and Biden made it even a more tougher game in real life because many eyes were focused on the election. Maybe we still going to have a bet stake on the actual declaration if that has not come from source as I read trump trying to go to court.

Finestream

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I guess other sportsbook are still fair since they follow the rules, especially the Betbtc.
What if Trump will win in the election? that would create a lot of trouble and scam accusations will be thrown from here and there.

Once we bet, the rules are clear so we just have to follow the rules, we only complain the site itself is violating their own rules.

They are just trying to play safe which is understandable as small amount could ruin their reputation.

Pmalek

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I wouldn't call this stalling to be honest. They are not yet paying out because the elections are not yet 100% decided. If a football team is 4:0 up and it is the 85th min, the match is still not over. There are 5 more minutes to play + injury time. Trump and his entourage claim to have evidence Roll Eyes

of fraud and are threatening to sue. All this affects the payouts. I would only be worried if Biden wins and users don't get paid. Everything else shouldn't be an issue. The fact that Sportsbet.io paid out already shouldn't be seen as the standard, but a plus for them personally and their users.

Ayiranorea

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No media clearly announced the win of Biden. This is completely unfair way of governance. Let them be like this, but the gambling site owners should've known what is happening with the election. Maybe majority could've placed bet over Biden. This could've caused them big loss, which might be the reason to delay the settlement on the winning bets. Both the sites mentioned were highly reputed ones, and these sites doing this kind of act is very bad.

xxjumperxx

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Quote from: Karartma1 on November 12, 2020, 04:26:21 AM

Even if Biden won correctly, Media attitude towards Donald Trump, being the US President, was and still is disgusting.

Because its the cool thing to do.
Thrash Trump because thats what the readers want to hear, its the cool new thing.

I bet we wont read anything negative about Biden... EVER..
The Media has crawled so far up Dems *** its disgusting.

Karartma1

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I'm not from the States but according to what it's slowly coming out this has been the most embarrassing US Election in history, even worse than Gore v. Bush 2000. I knew this could have been a contested election and I decided consciously not to bet on this event.
Not the Media but the people should elect the President. Even if Biden won correctly, Media attitude towards Donald Trump, being the US President, was and still is disgusting.

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Quote from: Captain Corporate on November 11, 2020, 09:31:49 AM

I don't know man, official or not, it is obvious that Biden won, we are talking about potentially having 306 votes here and that is way too much to get back from by Trump, he can try whatever he wants, he can try to go to courts as much as he wants, Biden already won. So all sportsbooks should pay up, there is already a growing number of them paying right now and they are not going to change that at all, they are already paid up, so the job is done for them, Trump fanatics could try to make a noise but they will calm down when Biden is literally running the country. I would say just forget about what others are saying and try to make it a marketing thing and pay up, it would help with customer base more than you can imagine to pay "early" compared to other places.

Yes,,, even I who voted for Trump had my bet lost and well,,, I have to accept this. I would hate it if I won and then Biden took everyone to courts as well and then bookies get the stick for making us all wait on unsettled bets:)

Legally speaking, who is running the government now by the way?

xxjumperxx

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Quote from: FinneysTrueVision on November 11, 2020, 05:01:57 PM

The difference is that the Gore-Bush election was decided by a single state and the margin was extremely close. Trump is not going to overturn the results with more states involved and with bigger margins.

Says who? The Media?

Quote from: FinneysTrueVision on November 11, 2020, 05:01:57 PM

The media isn't just making things up out of thin air. They're going by the results being reported by state governments. That's how elections work. Of course the next step is to certify the results and wait for the electoral college to make it official but I don't see why casinos have to wait that long because at that point it's a foregone conclusion what will occur. We already have all the evidence we need to determine that Biden will be the next president.

They have to wait that long because all the others think are literally ASSUMPTIONS. Youre trying to tell us how elections work, yet you call Biden President because the Media told you so?
Its a assumption at best, the official results arent in.

Its like a Soccer game where the Team is up 3:0 and there is 3 Minutes left to play, yes it looks like the Team leading will win, but is it done? NO.

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Quote from: notblox1 on November 10, 2020, 04:30:25 PM

Quote from: LFC_Bitcoin on November 10, 2020, 03:49:08 PM

Every single news outlet is reporting that Biden is the winner and I’ve seen his speech.

News are not deciding who wins elections, and this is not the first time something like this happens.
Better turn off TV and mainstream media, because they did wrong predictions many times, and even announced Gore as president one time, and they also miserably predicted all polls before elections.
FTX is still allowing users to decide and keep their bet on presidential elections.

The difference is that the Gore-Bush election was decided by a single state and the margin was extremely close. Trump is not going to overturn the results with more states involved and with bigger margins.

The media isn't just making things up out of thin air. They're going by the results being reported by state governments. That's how elections work. Of course the next step is to certify the results and wait for the electoral college to make it official but I don't see why casinos have to wait that long because at that point it's a foregone conclusion what will occur. We already have all the evidence we need to determine that Biden will be the next president.

Topic: Sportsbooks that aren’t paying out on Biden winning the US Presidential Election - page 8. (Read 2645 times)