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Can Betfair please settle bet on US Election

UBLE/REGY

10 Nov 20 18:17

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Date Joined: 11 Mar 10

| Topic/replies: 4,512 | Blogger: UBLE/REGY's blog

Not strictly football...but I have a lot of money tied up on US Election
Because of this Betfair limit my bets on football...saying I am over exposed

Does anyone else have this problem?????

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Replies: 22

By:

UBLE/REGY When: 10 Nov 20 18:18

The general opinion is Biden has won

By:

UBLE/REGY When: 10 Nov 20 18:18

He has most votes

By:

wolf3011 When: 10 Nov 20 18:31

The old adage of it aint over till it's over springs to mind. Can you imagine if they settled and had to reverse payouts if Trump was successful however unlikely?

By:

carrot1960 When: 10 Nov 20 19:37

Given the amount of stuff going on in the states and the money involved they have to wait for the "weigh in"

By:

RothmanMike When: 10 Nov 20 19:45

Just increase your daily Loss Limit ‘til Election sorted.

By:

sofaking When: 10 Nov 20 23:10

By the way, I think Trump will win in the courts.

By:

cpfc4me When: 11 Nov 20 02:01

By the way, I think Trump will win in the courts.

Based on what? Unfortunately for him, he needs evidence, and his star case in PA collapsed tonight with the guy admitting he'd made it all up. If there was any "substantial" fraud, it would have been known by now.

The market for Next President isn't settled because the State markets for Alaska, Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin are still open. That's 97 Electoral College votes up still technically in play although Trump is likely to pick up just 18 of them (Alaska and North Carolina). Biden is 1.12 or shorter in all the other states and Pennsylvania alone puts him over the top.

Trump is losing to Biden by...

20,539 votes in Wisconsin
47,215 votes in Pennsylvania
12,567 votes in Georgia
14,746 votes in Arizona
36,274 votes in Nevada

These are margins that won't be overturned in a recount. Biden is the winner, we just need to be patient while Betfair waits the official state declarations.

By:

cpfc4me When: 11 Nov 20 02:13

And speaking of Pennsylvania, it's just been announced that Biden is ahead by more votes than there are ballots remaining to be counted, ~44,800.

By:

Hamlin When: 11 Nov 20 10:33

Did you bet on the next President or next President elect? What happens to your bet if Biden wins the nomination and then dies in Decemeber.... K Harris would become the next President. You shouldn't bet on markets you don't understand, the next President doesn't get settled until January.

By:

wolf3011 When: 11 Nov 20 10:41

Nov 11, 2020 -- 10:33AM, Hamlin wrote:

Did you bet on the next President or next President elect? What happens to your bet if Biden wins the nomination and then dies in Decemeber.... K Harris would become the next President. You shouldn't bet on markets you don't understand, the next President doesn't get settled until January.

Fake news. If you believe this it's you that doesn't understand the market

By:

sofaking When: 11 Nov 20 23:05

Nov 11, 2020 -- 2:01AM, cpfc4me wrote:

By the way, I think Trump will win in the courts.Based on what? Unfortunately for him, he needs evidence, and his star case in PA collapsed tonight with the guy admitting he'd made it all up. If there was any "substantial" fraud, it would have been known by now.The market for Next President isn't settled because the State markets for Alaska, Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin are still open. That's 97 Electoral College votes up still technically in play although Trump is likely to pick up just 18 of them (Alaska and North Carolina). Biden is 1.12 or shorter in all the other states and Pennsylvania alone puts him over the top. Trump is losing to Biden by...20,539 votes in Wisconsin47,215 votes in Pennsylvania12,567 votes in Georgia14,746 votes in Arizona36,274 votes in NevadaThese are margins that won't be overturned in a recount. Biden is the winner, we just need to be patient while Betfair waits the official state declarations.

The whistleblower in Pennsylvania "didn't make it all up". He was put under enormous pressure by the Feds to claim he did though. If you're fully convinced the election is over then surely you should not turn down the free money of Biden at 1.10 to win the election.

By:

shiny new shoes please When: 11 Nov 20 23:45

Over exposed , jail time awaits!

By:

Hamlin When: 11 Nov 20 23:45

Nov 11, 2020 -- 10:41AM, wolf3011 wrote:

Nov 11, 2020 -- 10:33AM, Hamlin wrote:Did you bet on the next President or next President elect? What happens to your bet if Biden wins the nomination and then dies in Decemeber.... K Harris would become the next President. You shouldn't bet on markets you don't understand, the next President doesn't get settled until January.Fake news. If you believe this it's you that doesn't understand the market

Whats fake about it? Try to use your words instead of just drooling out catchphrases like an uneducated swamp rat. The President-elect doesn't become President till January.

By:

sofaking When: 12 Nov 20 00:58

Nov 11, 2020 -- 11:45PM, shiny new shoes please wrote:

Over exposed , jail time awaits!

Jail time for who kid?

By:

brians When: 12 Nov 20 10:18

Hamelin , have you read the rules on the market? It is not really a market on who becomes the next president. It is a market on who won the election. If Biden dies today, he is still the winner as it was his name on the voting paper. It is all very well explained on the US election thread which is on the horse racing part of the forum.

By:

shiny new shoes please When: 13 Nov 20 00:04

Over exposed! Lol.
WIT. sofa. Wit.

By:

sofaking When: 13 Nov 20 00:16

Ah ok, I see what you're saying shiny. Your sense of humour is on another level.

By:

jamee1 When: 13 Nov 20 19:03

Nov 12, 2020 -- 10:18AM, brians wrote:

Hamelin , have you read the rules on the market? It is not really a market on who becomes the next president. It is a market on who won the election. If Biden dies today, he is still the winner as it was his name on the voting paper. It is all very well explained on the US election thread which is on the horse racing part of the forum.

Not quite as cut and dried as you might think. Any legal challenge/recounts before the Electoral College votes will affect this market I would think. As a bit of extra sidebet fun, don't forget Harris and Pence are also named on the ballot paper!

By:

jamee1 When: 13 Nov 20 19:04

Nov 13, 2020 -- 7:03PM, jamee1 wrote:

Nov 12, 2020 -- 10:18AM, brians wrote:Hamelin , have you read the rules on the market? It is not really a market on who becomes the next president. It is a market on who won the election. If Biden dies today, he is still the winner as it was his name on the voting paper. It is all very well explained on the US election thread which is on the horse racing part of the forum.Not quite as cut and dried as you might think. Any legal challenge/recounts before the Electoral College votes will affect this market I would think. As a bit of extra sidebet fun, don't forget Harris and Pence are also named on the ballot paper!

you vote for "Biden/Harris", not "Biden".

By:

dave1357 When: 13 Nov 20 19:48

So Betfair will be paying out on both as a dead heat? gl with that.

By:

jamee1 When: 14 Nov 20 00:23

Nov 13, 2020 -- 7:48PM, dave1357 wrote:

So Betfair will be paying out on both as a dead heat? gl with that.

Meant more for potential settlement other than Biden if he was to die before the Electoral College vote.

By:

shiny new shoes please When: 14 Nov 20 00:56

Who really cares!

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