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When will B/f settle presidency market?

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By:

politicspunter When: 15 Dec 20 00:22

johnni, if you had followed this thread, all the polls, electoral college and state forecasts, there was only one possible winner and that was Biden.

By:

politicspunter When: 15 Dec 20 00:24

https://community.betfair.com/politics/go/thread/view/94150/31643581/2020-usa-general-election-house-senate-governor-states#flvWelcomeHeader

This thread, johnni.

By:

llama1 When: 15 Dec 20 00:35

£1,698,347,459.17

That is the number to remember for future record breaking amounts of money that were matched on one market......

By:

the old nanny ;-) When: 15 Dec 20 01:02

By:

the old nanny ;-) When: 15 Dec 20 01:03

There was certainty winner from day one

How much they made out of that ?

By:

Nalmefene When: 15 Dec 20 05:13

Nice to see that Betfair used the last even slightly logical exit point. I tried to stay awake to see if anything happens when the California votes come in but fell asleep.

Not happy with Betfair though. What a mess this was.

By:

ostend When: 15 Dec 20 07:04

Well, that's that sorted. Roll on 2024

By:

Richie_Burnett When: 15 Dec 20 07:04

Dec 15, 2020 -- 12:01AM, Sergeant Cecil wrote:

https://twitter.com/BeNoseySome good stuff here.

Picture from a guy who went full bank on Trump on Saturday - He's livid

By:

politicspunter When: 15 Dec 20 08:20

https://twitter.com/jrw1672/status/1338633206086561793

By:

Richie_Burnett When: 15 Dec 20 08:28

Dec 15, 2020 -- 8:20AM, politicspunter wrote:

https://twitter.com/jrw1672/status/1338633206086561793

That's Timber

By:

Fatslogger When: 15 Dec 20 08:49

Utterly crackpot. Do you think the collision with reality will snap many of them out of it?

By:

politicspunter When: 15 Dec 20 08:52

Jorge Suárez
@ras_jorge
·
7h
Replying to
@jrw1672

@lib_crusher
and 3 others
Hello sir am the first Cuban astronaut. have been trapped on the Intl Space Station 10 years on secret mission. If u deposit US$10K into my account at the bank of nasa it will unlock my frozen money a share of which would accrue to you. Help me help you recover your life savings

By:

Richie_Burnett When: 15 Dec 20 08:58

People still backing him 6 weeks after he lost

By:

Angoose When: 15 Dec 20 09:03

There will have been around £224 million of winnings paid out on Biden.

Now, if we make a wild assumption and say that 50% of this will have been offset by trading for individual, we reduce this figure to £112 million, apply 2% commission rate, and you arrive at £2.24 million of income for Betfair.

Of course, you'll need to subtract their legal fees for the wonderful advice they received in regard to settling the market.
This then turns the market in to a net loser of around £3 million

By:

politicspunter When: 15 Dec 20 09:10

plus defending legal cases, future loss of earnings from regular customers, bad publicity...

By:

Angoose When: 15 Dec 20 09:13

Here's where the money was made on Biden in price groupings

[ This image is no longer available. ]

So, £49.4M at 1.10 and below, £45.7M between 1.60 and 1.51, £24.2M between 1.50 and 1.41.

By:

Angoose When: 15 Dec 20 09:15

£7,821 traded on Biden at 100, £2,820 at 95, well done to whoever picked that up.

By:

politicspunter When: 15 Dec 20 09:16

Nice pickup indeed. I think that was when Biden looked busted after the primaries in Iowa and New Hampshire.

By:

katie63 When: 15 Dec 20 09:17

Hilarious how the entire legacy media refuses to report on the parallel electors chosen by 7 state legislatures. This gives Trump a clear electoral win

By:

politicspunter When: 15 Dec 20 09:18

katie, would you possibly be interested in a bridge I know is for sale?

By:

katie63 When: 15 Dec 20 09:20

bETFAIR SHOULD NEVER HAVE PAID OUT. PEOPLE HAVE BEEN CHEATED OUT OF THEIR MONEY. THE ELECTORS ARE IN DISPUTE AS THER]Y HAVE SUBMITTED PARALELL VOTES. ONLY THE MSM SAID JOE HAD THOSE VOTES, NOTHING IS OFFICIAL. IT GOES TO THE CONGRESS ON JAN 6TH. ANYONE WHO LAID BIDEN OR VOTED FOR TRUMP SHOULD OBJECT TO THEIR STANCE IN PAYING OUT AS IT IS NOT AND CONNOT BE DEEMED OFFICIAL

By:

Richie_Burnett When: 15 Dec 20 09:23

I blame msm, dominion and dead voters.

By:

Angoose When: 15 Dec 20 09:25

katie63 Joined Betfair: 29 Apr 07
Last 6 months activity Forum posts: 17

Silent for all of this time, then feels obliged to post complete and utter drivel.
Better to have remained silent katie

By:

Richie_Burnett When: 15 Dec 20 09:31

Women for Trump

By:

Charlton2005 When: 15 Dec 20 09:40

parallel votes

wtf

By:

dave1357 When: 15 Dec 20 09:41

She's posted in capitals, Charlton, capitals, have a bit of respect.

By:

Richie_Burnett When: 15 Dec 20 09:43

Everybody knows that dead people, below age people, illegal immigrants, fake signatures, prisoners and many others voted illegally.

By:

Nalmefene When: 15 Dec 20 09:49

This jrw (the tweet) seemed to indeed have several recent 4-number undisclosed bets (AUD) on Trump. How crazy is this world.

By:

PeteTheBloke When: 15 Dec 20 09:59

https://twitter.com/sachacfc/status/1338781902174629890

Note the way he has blanked out his "winnings"

By:

Richie_Burnett When: 15 Dec 20 10:25

I like the way all the balances in these tweets are £0.00p

By:

Angoose When: 15 Dec 20 10:30

They've gone ALL IN

By:

scandanavian_haven When: 15 Dec 20 10:40

proper sexist by Angoose, people wonder why women don't post on here, as soon as they do their posts are called drivel within minutes flat.....tut tut.

By:

politicspunter When: 15 Dec 20 10:54

Angoose is correct. It is drivel.

By:

Richie_Burnett When: 15 Dec 20 11:11

Dec 15, 2020 -- 9:59AM, PeteTheBloke wrote:

https://twitter.com/sachacfc/status/1338781902174629890Note the way he has blanked out his "winnings"

That thread is gold. So many nutters done the lot! Have a look at this one where the guy has pretended to have £200 on Trump but he's not even logged in

twitter.com/pants_tommy/status/1338772548683632642/photo/1

€

By:

Fatslogger When: 15 Dec 20 11:33

Dec 15, 2020 -- 9:15AM, Angoose wrote:

£7,821 traded on Biden at 100, £2,820 at 95, well done to whoever picked that up.

Wasn’t me but if it had been, I’d have traded it off at 80s and 90s and been all smug about it!

By:

Fatslogger When: 15 Dec 20 11:38

Dec 15, 2020 -- 10:40AM, scandanavian_haven wrote:

proper sexist by Angoose, people wonder why women don't post on here, as soon as they do their posts are called drivel within minutes flat.....tut tut.

You serious? All posters on here get accused of posting drivel, whatever their sex, age, race or sexual orientation. There weren’t any specifics to the accusation to suggest sexism.

Also, it was hilariously ridiculous. Calling it drivel without a bunch of adjectives was actually quite generous.

By:

breadnbutter When: 15 Dec 20 11:41

biden traded at big odds on the day but so far not heard of anyone on here that backed him when trump went 1.24. Reckon plenty bailed out of their positions. If you back a 1.4 shot and it's flip flopped it's easy done, the pwopper traders would have made serious cash on the night.Prob more trump initial backers made money on the night than biden initial backers, they prob came out the worst imvho.

By:

scandanavian_haven When: 15 Dec 20 11:46

no I wasn't serious, I was pulling his leg lol.

By:

viva el presidente! When: 15 Dec 20 11:54

Now, if we make a wild assumption and say that 50% of this will have been offset by trading for individual, we reduce this figure to £112 million, apply 2% commission rate, and you arrive at £2.24 million of income for Betfair.

50% is far too low, imo.

Eg, my total winnings on this market came to about 0.3% of my total bets, and from watching the market closely for months, it's pretty evident that I was far from the only person doing what I was doing.

I would imagine PC payments from this market will be many multiples of straight commission.

By:

Fatslogger When: 15 Dec 20 11:56

Dec 15, 2020 -- 11:46AM, scandanavian_haven wrote:

no I wasn't serious, I was pulling his leg lol.

I did ask! Problem is that so much that is completely bonkers is being stated with a straight face right now that subtle jokes like that one are harder to pick up.