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Next President settlement, without ramping our conspiracy theorists please.
Next President settlement, without ramping our conspiracy theorists please.
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Replies: 275
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Nevada has criminal charges against it
The reason nothing is being settled because BF actually watch/read real news Not the pathetic left wing dross that is wheeled out in the Uk Release the KRAKEN Not even Medusa's severed had can save the fraudsters! |
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Head
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Betfair market has been wrong
throughout. Using it to justify chance of outcome is exactly what people wanted. |
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Once again we see polls
are far better indicators, however flawed they are, than betting markets. |
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Betway havnt yet settled my bet on Biden,they wouldnt allow me £20 at 9/20.
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Donald J. Trump
@realDonaldTrump · 55m He won because the Election was ****. NO VOTE WATCHERS OR OBSERVERS allowed, vote tabulated by a Radical Left privately owned company, Dominion, with a bad reputation & bum equipment that couldn’t even qualify for Texas (which I won by a lot!), the Fake & Silent Media, & more! Come on Betfair, Trump admits Biden won. Settle those markets please! |
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Lin wood has got this
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For state betting...
'Which party will win the popular vote in the named state at the 2020 US presidential election?' This will not be known for sure until the votes are certified. For a bookmaker or an exchange to settle this before certification is a risk for the bookmaker or exchange. An exchange or bookmaker is within its rights to decide, when assessing the chance of outcome, if it is willing to payout early. It is very simple to understand. NC they have assessed very little chance of a reverse. Maybe Nevada has, in their opinion, a bigger chance of a reverse. The odds suggest/suggested this. Clearly if one state is reversed the chance of another reversing increases. Why are people so desperate for an early settlement? Be patient. |
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Total drivel. Betfair have already settled 44 of the 50 states.
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Because they made an assessment those 44 states are unlikely to be reversed. They were willing to take the risk.
It is not really that hard to understand if you put yourself in their shoes. |
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Betfair Exchange are not paying out "early". They are later than everyone else in settling including their own Sportsbook.
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Betfair are finding themselves
in a very contrived position, Can't be long now Tick tock |
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There is no risk, they just won't pay out.
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Go on then Frog, tell me what the "risk" is in settling Nevada please?
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In your opinion. The markets tell us otherwise.
If there is NO risk why are the odds for different states different? Why are they are all not just 1.01 to lay and no offers to back like when a football team is 10-0 up in the final minute? |
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Markets are wrong
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Explain why NC was shorter than Nevada?
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He's 1.03 in pop vote..
He was 1.03 to win cali, And that's settled 1.03 hawaii, ffs, and that's settled |
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live lawsuits in
alabama california north carolina texas all settled |
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The settled markets on states
mean they should settle pop vote But they ain't.. Yet |
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By your thinking frog, every market has to be 1.01 before pay out, which is clearly not the case, in this or any other market.
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People that think markets are perfect
must never ever bet. |
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Those prices are not irrelevant.
If they were not relevant the NC prices would have be the same as Nevada. I am amazed that gamblers cannot understand simple probabilities and risk. |
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I do understand them. There is no risk, none at all.
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Btw, was every single state that Betfair Exchange have settled at 1.01?
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If there is no risk the prices would be same. You would have backed them all into no offers. If not you some one else would have.
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I haven't had a bet on anything since before the election and I certainly don't bet at 1.01 or similar.
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Ah, unless you count my tenner on Beverley Callard at 30.0 to win I'm a Celebrity
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Someone would have though if there genuinely was zero risk.
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Why? Put £100 on at 1.01 to win a pound less commission that might be paid out in a couple of months? You would probably be financially better off leaving it in the bank earning interest.
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You will not get a 1% return by leaving your £100 in a bank for a couple of months?
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Well, you first of all have to weigh up what commission you are paying Betfair then guesstimate when they might pay out?
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Maybe I should have said IF they pay out.
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I haven't been sent by anyone to do anything.
I am just offering my opinion as to why some markets are to be settled through logic. If I was in Betfair's shoes I would not be paying out yet on any market where a reverse would cost a fortune to rectify. Would all the people asking for an early payout be willing to pay the money back if the market is reversed? |
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Yes.
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Without wishing to repeat ourselves......the President market cannot be reversed, because it has already met the rules required in order to be settled.
Betfair cannot possibly pay out on anything other than a Biden win, full stop. I just wish they'd get on and do it. The State markets are based on a different set of rules, as per the first post on this thread. |
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Besides, they are not an early pay out, they are now a late pay out, later than every other company.
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