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Betfair should pay out, because their rules stated whoever won the electoral college and that's now been declared by all the media outlets
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Bloody 'ell!
Are you feeling alright my old chinaaa? Were you just winding people up these last few days? |
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No
Mr Trump was robbed, but the rules on Betfair stated whoever the media declared as the EC winner And they've given it to Biden 306 to 232 |
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The media can't declare a winner but heyho
But that's betfairs ruling |
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Pop vote 1.03
Next pres 1.05 Winning party 1.05 |
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Ah well, you said something sensible before going back to your conspiracy stuff SS. That's a good start though. If your man really was robbed then we'll be seeing all that evidence in court then.
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I'm just saying according to Betfairs rules they should be paying out
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Even if they don't feel that they have enough certainty to pay out - it seems somewhat "underhanded" that they have kept the market trading. Rather than simply suspend it pending clarification of which way to settle (even if that takes months). It's almost as though they are squeezing it for every last penny they can make out of it... Problem is, either way they settle it now they will upset a LOT of customers. Can't see them settling it until there is something really concrete they can point to. But even then, I can't see many of the losing betters who bet after the election ever returning to the site.
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Smarkets have paid out on every state and Electoral college markets.
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Total drivel. It is projected Electoral College votes, not certified official ones.
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Once we have the certified state results you will be able to make a projection of how the EC will vote and who will win.
Until then it is all guess work by the media and others. |
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We are patient.
It's odd that frog seeks to redefine the rules of a market where the definition is clear, without him trying to alter it. |
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Frog, you are simply making things worse daily for Betfair.
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Does saying my interpretation.
Anyone given their account manager a call to find out exactly what is happening? |
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From another site...
We are all aware of the mighty election battle that takes place in Georgia on January 5th in the runoff elections that could determine whether the Republicans or the Democrats control the Senate. If the Republicans hold the seats then they retain a majority. If the Democratic party wins both seats then with the casting vote of the Vice President, Kamala Harris they will have control albeit by narrowest of margins. Yet as the Washington Post notes for the Republicans to suggest that the outcome determines who controls the Senate doesn’t fit with Trump’s assertion that he’ll have a second term. Democrats tell their audiences that victory would give Vice President-elect Kamala D. Harris a tie-breaking Senate vote, unlocking the party’s agenda. Republicans warn that there’d be no stopping the Democrats if the Senate seats are lost. But so long as Trump remains unwilling to concede, they’re unwilling to explain exactly why. For Biden’s party the message is dead simple and there’s a powerful reason why party supporters should turn out to cote. For the Republicans currently it is not so straightforward and in a very tight election race that could be critical. Remember that Georgia was an unlikely gain for the Democrats in the Presidential election. Currently the Republicans are odds on favourites with the Smarkets exchange to retain control of the Senate – I’m on the Dems at about 3/1. The Betfair market is messy because they don’t include two Senators who caucus with the party as part of their total. Given the political reality and how the US media reports it Betfair’s approach is nonsensical. Smarkets make it clear by stating that the Dem total is defined as “sitting US Senators .. elected on a Democratic ticket, or have publicly stated an intention to caucus with the Democratic Party (such as independent Senators Bernie Sanders and Angus King).” |
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Account managers don't press the settle
button. |
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I do not work FOR a bookmaker or an exchange. I am just putting myself in their shoes and explaining why I think they are not paying out.
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You are crap at it.
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What is your explanation then? Why do you think the market is unsettled?
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There is no explanation.
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It is happening so there has to be a reason.
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Even if the reason is they forget to press settle there has to be a reason.
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I have been paid out on another exchange on all markets, no problem. I have been paid out by all bets I had with bookies, no problem. Betfair are the problem.
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They run risk of having to pay out
twice, on both trump and biden because of their own misreading of their own rules. |
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Sorry, make that Betfair Exchange are the problem, Betfair Sportsbook have paid out.
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A court would want to know
why they allowed folk to bet on such a clearly defined outcome, then change the definition. They will remember the mad world Xmas number 1,when they lost a ruling because they went against common sense. |
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You keep saying that but you fail to understand that there might be a reason.
I have given a possible one. |
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No you haven't, you are making things worse for Betfair by highlighting their failings.
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Have you actually tried asking Betfair what the reason is for them not settling?
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Everyone else can do so if they wish. As I have clearly explained seeded exchanges or bookmakers are in a different situation.
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Pence backers might be looking
for a refund too, due to failure to suspend market... |
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Have you actually tried asking Betfair what the reason is for them not settling?
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Lots of folk have asked
They posted an explanation of sorts that ignores reason, and is pretty much out of date. By not settling they simply put more pressure on themselves and open themselves to legal arguments. |
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I can phone some contacts I have
and likely they will be ever so sweet and ask me to be patient whilst telling me it's over their pay grade. Doubtless the big hitters that have controlled the market wish for it to remain open. |
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..
https://twitter.com/MeidasTouch/status/1328299276447977477?s=19 |
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Betway havnt paid out either so betfair not alone.
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I on't think betway have paid out on the Cheltenham Gold Cup yet
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The odds on Trump are quite interesting in that they go up during UK awake time and have gone down when you wake up in the morning.
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