Dec 24, 2020 -- 4:12PM, tobermory wrote:
The President market rules seemed pretty clear, re the projection of EC votes, rather than the actual formally confirmed EC votes.
I agree and that is why I believe Trump backers may have a case with IBAS as those original rules were not adhered to.
Dec 24, 2020 -- 7:54PM, d-man wrote:
----you-have-to-laugh--- Why don't you want to see guy's getting their money, what's it to you! I wish every man on here all the best and have in the past posted some good tips to other punters. I have been on the wrong side of a Lingfield judge calling the wrong result and never got refunded when she later corrected herself. I stand to win over £50,000 if Trump backers get paid, but i don't begrudge anyone who got paid for Biden their money.
https://www.betfair.com/exchange/plus/politics/market/1.138799270
d-man, this is the market for you, 30s is a massive price for Trump.
Dec 24, 2020 -- 7:48PM, Dave23 wrote:
The 'Next President' market rules were very poorly written. However, I'm far from convinced that those rules were not adhered to by Betfair.In my opinion the market was correctly settled based on the Projected EC votes, rather than the Actual EC vote. It was simply delayed until it was beyond any reasonable doubt as to what the Projected EC vote was. I think that it would also have been reasonable to instead settled the market upon all states certifying their popular vote counts.As there was no specific reference to US Network projections, nor any specified settlement date within the market rules, despite it seemingly being the majority view, I don't think that the market should have been settled based on such projections - unless Betfair was willing to cover the liability, if the projected EC vote, upon all states certifying their popular vote counts, differed from those Network projections.However unlikely, I believe that almost any candidate could theoretically have won, under the market rules, prior to all states certifying their popular votes and possibly until the actual EC vote. Amongst other highly unlikely possibilities, perhaps a sufficient number of state authorities could have been persuaded/forced at gun-point to certify candidate X as the winner of the popular vote in their state, such that X would have obtained 270 or more Projected EC votes?Regardless, there are many situations in which a selection that cannot win can be backed (or a selection that has already won can be laid) in Betfair markets. Whilst I have some sympathy for those on the wrong end of such instances, that is part and parcel of customers managing their bets and positions. It is almost certainly covered within the Rules and Terms and Conditions.
there are some real idiots in this thread and this has got to be one of the most idiotic and dumbest posts i have ever read on this forum - you are not making any sense with anything you are saying here
just on these 3 legal points alone, betfair will have no choice but to pay up when trump's second term is confirmed:
- they closed the market based on ''projections'' but the mainstream media had been projecting biden as the winner and ''president elect'' since nov 4th which meant that nothing changed after dec 14th for anyone who had only been paying attention to the mainstream media (which was most of the world) so effectively, betfair had just been leaving the market open solely to take and steal money from people who were unaware the market would be abruptly closed on dec 15th - this legal point alone will be enough to ensure that all trump backers will be paid out....
- the title of the market was very clearly visible in capital letter as ''NEXT PRESIDENT'' not next projections by a certain date which considering the basis on which the market was closed turned out to be an extremely mis-leading and deceptive market title to punters....
- betfair are contradicting themselves with the very unclear and incoherent statement they released upon closing the market - the same statement they keep throwing at you in the chat which clearly says that this election could be decided via the 12th amendment - the house of representitives which can only take place on january 6th at the earliest
so betfair wont have a leg to stand on once trump's second term is confirmed - they'll have no choice but to pay out if they want to maintain any credibility as a business
Dec 27, 2020 -- 10:41PM, tinyelf54 wrote:
i got involved with the matchbook market entitled ''biden to take oath of office'' - no option instead, ive already put all the money i'm going to put down on this situation....i stand to win 120 thousand if trump is sworn in - in which case there would be no way that i wouldn't get those winnings - i absolutely will
I am certain you will get those winnings if Trump is sworn in. All the more reason you should be piling in at the 30.0 available on the Betfair market.
Dec 28, 2020 -- 4:25AM, tinyelf54 wrote:
And I'll tell you what right now as well....I'm not intimidated by transgenders....☺....which both cornikovo and Shriver clearly are....no real women allowed in wta....
Do they often talk to you, elf? Is that online or through some other kind of method?
Dec 29, 2020 -- 1:17AM, rock piper wrote:
Lads cop on to yourself, tinyelf is a troll, his handle is a clue in itself.
Can’t tell with this one. I think it’s possible he’s for real, worrying though that is as a concept.
Jan 3, 2021 -- 11:08PM, primed139 wrote:
I think Tinyelf54 puts forward some good points... also on the day of the election as you know the count was stopped and from that moment on the whole election was in dispute and so became a "Contested Election". It was therefore wrong to settle the bet when massive cases of voting fraud had yet to be fully investigated, Biden could well of reached his figure fraudulently. We just don't know yet but what I do know is that the MSM lied when they said after the electors met on Dec 14th that they voted in favour of Biden, there was no outcome because the voting was split (dueling electors)