Time to debunk and address this misleading and potentially fraudulent statement by Stake
https://news.stake.com/us-election-2020-statement/Given that we are taking bets on the result of the election a winning Trump bet will only be possible if certain criteria are satisfied. All of the following would need to occur:
First of all, Stake has ZERO legal authority to set criteria differing from the legal output outlined in the 12th Amendment of the US Constitution.
Trump receives 270+ electoral college votes This will be the likely outcome of this election via either contingent election or state legislature but to be precise, even if a contingent election goes on a tie, the 12th Amendment of the US Constitution provides the solution. The only legal outcome is the outcome related to that, there's no interpretation.
Biden concedesThis is ridiculous because is not outlined anywhere in the US Constitution and it doesn't produce legal effects
If Trump is democratically elected by the people and is recognized as the legitimate president of the USA, then Trump bettors will get paid.
Who decides is democratically elected? Stake bias or the US Constitution? The latter obviously
Scenarios where Trump bets will NOT be declared a win:
This is even more worrying because you really think you have the capabilities of determining a scenario and going against betting industry standard which follows the law
Trump successfully carries out a coupThis shows how who wrote this fell for the media bias because a "coup" would require changing the US Constitution, which would "de facto" invalidate the whole election
It's also funny because the "coup" has been tried by Social Media, Big Tech and Mainstream Media bias. The US President is just disputing the biggest discovered fraud in US history and he's doing it accordingly to the US Constitutional process that guess what, exists to safeguard exactly from coups (if it was Biden doing that, the fake media would never use the "coup" rhetoric but they would instead scream that's important to preserve voter integrity, funny double standard here and you fell for it).
Nobody can do a "coup" in the USA, it's literally impossible, media are trying to say that questioning a fraud undermines the trust in the election process but saying that the sitting president is staging a "coup" doesn't undermine the trust in the US democracy as a whole? Another double standard here lmao.
Fortunately the constitutional process is working and the US Supreme Court just today took a big case raised by the state of Texas against MI WI PA GA AZ, however, casual news consumers will never know this until it's inevitable, and even then, the media can spin it in any way by saying whatever they want but again, media doesn't produce legal effects in the USA, thank God for that otherwise it would already become a communist country.
Is voted in by the statesThis is in the US Constitution so you must pay.
Simply refuses to leave the White House in January
This is actually the only valid point, but it's ridiculous to think that in the US an illegitimate President can remain in the White House
Any similar contentious outcome
After Jan 20 2020, any contentious outcome would take place only AFTER the President is sworn in by the Chief Justice of the Supreme Court. So the election would've already produced legal effects and there would already be a winner, so a contentious outcome after Jan 20 would not change the election result as it's not disputed via the Constitution but rather via an impeachment procedure that already recognizes the new President as such.
You could've just said, if Trump is sworn in, bettors will be paid. That's it, easy.
Or even better you should've stick to your odd provider which has not graded biden bet, even freaking Las Vegas didn't grade the bet. But instead you graded it manually at your own risk because you got exploited by bias when you had all the legal rights to not grade the bet and later have produced this misleading and potentially fraudulent statement where you don't have any legal right to handle the bet this way and this looks really bad for your company. A piece of advice, do not concede to these demands EVER AGAIN in the future because if you do you will be exploited again and againAdditionally, I think that in the end you'll make this right but you should either delete or correct this statement because it makes you look inexperienced in the political field and it doesn't look good at all. You should've listened to your CEO @micro which is the only one that expressed the right opinion in this sense. There are bigger platforms with million dollar lawyers that have been paid for this, if such platform handled the bet that way there is a reason no?Stake should hedge on Trump if they didn't already and they better be prepared to pay accordingly to the Constitutional outcome of the election, not Stake interpretation. You should've listened to your odd provider and save a lot of money. In any case, if Trump is sworn in on Jan 20 and all providers grade the bet Stake doesn't pay, be prepared to get a class action lawsuit and lose all you've built. And @stunna shouldn't make statements like "some crypto betting already settled for biden" because it makes him look incompetent similarly to those crypto incompetents that already settled the bet because media says so, Stake is not doing any favor to not settle the bet, is just following the law so don't make it sound like you're doing Trump bettors a favor, you did a favor to those who demanded money because of media bs. Unibet has understood their mistake and corrected. Many more will follow or will deal with the authorities. You should've just followed the industry standard, that would've saved you a lot of money. Make it right and be prepared. Aside from the betting and money angle, anyone with a computer that hasn't figured out what's been on is brainwashed, even
Shiva Ayyadurai the copyright holder of e-mail stepped to expose the fraud with a very accurate data analysis, which is validated by the forensic audits results from those seized voting machines in Arizona... But don't worry, the US Supreme Court which just today accepted the case filed by the State of Texas (and will accept other cases as well) will safeguard the US people, as well as ensure that many traitors who tried to steal this election will go to jail. Luckily the US Supreme Court doesn't listen to the media otherwise the Deep State would've stole this election like they do in Venezuela.
Going back to the bet issue, this is not a request, this is an official notification. Stake make it right or pay the consequences, also, delete that statement or update it because it doesn't look good on your company, it makes you look unexperienced, personally and politically biased and potentially engaging in an act of bad faith by leveraging risk illegally and solely based on your opinion. Stake (like media) doesn't decide elections. I trust more your odd provider at this point.
Anyways, for who's interested in unbiased reporting you can find all about the election live and in real time here:
https://www.theepochtimes.com/I will not answer to casual news consumers that don't employ research and talk the media rhetoric like good puppets. This is just a statement for Stake to read because A LOT of Trump bettors think the same but don't have the legal knowledge to correctly articulate this. My statement aims to defend them and I am as well in contact already with many of them since the first day I saw this statement, rest assured that if for any reason this isn't handled right, many more will join.
Whitepaper for those who actually want to research:
https://mma.prnewswire.com/media/1359230/Electoral_College_Deadlines_White_Paper.pdf?p=pdfI hope I don't have to take any legal action along with Trump bettors and even if Stake as they say in the last part of their statement "will do its best to employ logic and reasonability around the outcomes as more information comes into play" once again should understand that there is no interpretation, it's either 0 or 1, the Constitution is the output provider, nothing else. Luckily your odd provider knows this and unlike minor crypto betting scam websites (like for example those I see advertised in the signature of some users here) safeguarded the market, you should have listened to your provider and shouldn't have agreed to be exploited by ignorant people that don't know how election works, you had all the legal rights to refuse early pay and that was a more professional way to handle it because you had all the legal rights to do so and Stake getting exploited like this makes it look weak in the eyes of intelligent and well informed bettors (especially politics and legal experts) but as long as the real winners get treated fairly, I don't care who Stake donates to.
If there is one thing I have learned so far is that probability and luck do not coincide otherwise we would have been all rich by now. If you get extremely lucky you can have your chances even with 20 tickets. Over 2 million tickets is a massive round though!