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I was wondering if after the "Trump vs Biden" US election fiasco... if casinos should still be offering bets on events like that?

The potential for disaster in events like this is always there and when something like this happens... a lot of gamblers get agitated and irritated with the decisions that are made on the outcome of their bets.

Most Sport events and eSport games have a clear winner and loser (individual or team) or it is cancelled... but the outcome are seldom delayed for months. This is causing unnecessary conflict between the gambler and the casino, so I am of the opinion that it should be avoided.  ???

What do you think?

This is and ending event, it means it has not ended yet, it's just like a live betting.

IMO, there's nothing wrong with that as you can see on the betting odds, if you bet on Biden, you are just getting like 2% or a bit higher.
If a gambling site is reputable, they will pay if you win, but it's a fair game since result has not been formally announce yet, therefore it's up to the gamblers if they are still willing to take that odds or will just sit it down.

I think some bettors who did bet on this event will not bet next time, especially those with large bets, in my opinion. Because it is like you are waiting in vain even if you already know the results. But casinos will still list this kind of event, either way, they will earn money from this event.

If you were to look at the offer that comes with a casino, betting would not belong here. They can expand to a package to make betting possible, but an online casino normally only focuses on the casino.
Or are you aiming for a casino / sports betting site together?

I think it's fair game imo? As far as I'm concerned, gambling sites are only the hosts, they are in no way forcing people to join in their little game. Well people who actually just got irritated with the Biden vs Trump thing would stop joining in such types of gambles, and so would probably end up in these kinds of events dying themselves, so I guess there's no problem there. If there are people willing to join, then they'd keep doing it, if there wasn't then they'd close it, simple as that.

Strictly speaking though, it is kind of a bad type of event, since most who joined are expecting a clear result. The result being dragged on and on isn't really a positive thing to feel about, but well, nothing we can do or the casino can do I suppose.

If those events can be bigger and can attract many people, maybe the casino can offer that event to their members.
Before they give an update about that event, they can ask their members if they are interested in that event or not, so that can make them go to the next step by creating that event.
There will be a winner and a loser in the gambling games, and I think the gambler will know about that, and they must accept the risk and the consequences.
But if the casino wants to offer the events, maybe they don't have to offer the events which need to wait too long to avoid the same thing that already happens before.
That can make the gambler will not feel agitated or irritated with the late results.
I am sure the casino will know what they need to do if they start another event to bet.

The odds are based on the money action in different both sides, they will offer 1.02 for Biden to win because 99% biden will win the election, but they will also put a limit on your bet, so they will not lose really. Well, that's what bookies do, they don't accept bets against their bankroll, they accept bets against bettors bets.


There's nothing we can do about it, it's the bookies who are giving the odds, we have a choice to touch it or not to.

Casinos made different choiced on the Trump vs Biden bet. I placed a bet of the winning party of the Presidential Election on Sportsbet.io and I cannot remember the exact day I got the money I won, but from my posts during that time I can see that it was no later than on the 8th of November. So it's disputable whether it's an open event or not. But I agree that such events can be tricky for casinos, and even though I'd like to continue betting on them, I'd understand if casinos stop offering such bets.

In this particular case the result is almost conclusive as Trump doesn't have a strong case and I don't believe appealing to the supreme court will change anything (imo).
However, for both the gambler and the bookie, it really doesn't matter who wins the elections but which result they will concider, whether they will wait for the final decision or not. This should be made clear before accepting bets.
Is there any instance where a gambler complained about delaying the announcement of a bet result? I made a quick search and couldn't find any.

I think they are already complaining, lots of complaining particularly on those who bet for Biden to win, but bookies have their rules to follow and that is to wait for the formal announcement of the winner, and bettors can't do about it but to just wait for it, it's frustrating but they sign up for that rules.

Not everyone the outcome is delayed. You should understand that , these casinos do provide bets but the delays are not dependent on them, complains can be for sure registered but at the same time one should understand that , the casino quality is dependent on the way the casino reacts to these complains and how they handle it.

Right now when we saw the US elections biden was clearly the winner but Trump wasn't agreeing to it thus there was a whole drama around it.
But it wasn't the fault of the casino and I do think that people understand this for a fact that things like this are going to happen and therefore as long as it's a trusted casino they have nothing to worry about.

That's why I am not really a fan of betting on this kind of event. But since some bettors decided to vote on this kind of event, they should know or accept if there's a delay in the outcomes. But as for the presidential election between Trump and Biden, does it really have to be delayed when Biden was obviously leading and the winner. Trump just can't accept that he lost the election. Also, if this kind of event is really popular among bettors, casinos will keep on offering this kind of bet event.

This is one big problem with an election bet. If you bet with Trump, for example, and Biden was declared the winner, the betting sites would then give the Biden bettors their winning prize and take the bets from Trump bettors for losing the bet. However, while Biden is already declared the winner and has already been actually seating as the president after he duly took his oath, there might still be an outstanding election contest from the side of Trump. Until and unless that contest is decided upon, Biden is not yet the clear winner. With the contest existing, it could still be given merit and the result could be overturned. What will the betting sites do in such case?

Probably I difn't use the right keywords because all the results I got were irrelevant!

It makes sense if someone who bet on Biden to be frustrated and complain about the delay (although they are just delaying the inevitable). Those who placed bets on Trump to win may think of this as a second chance but their odds are really tiny.

If the bookmaker made it clear that they will only consider the final and official result announcement, then there is nothing to complain about as the gambler has to accept and agree to the bookie's terms before placing a bet.

As long as there is a chance that the results be overturned with a Supreme Court decision in Trump's favor or the appearance of evidence that the results were rigged or manipulated, I understand that some bookies are waiting for official confirmation before paying out the rewards. Just because some gamblers don't have patience or common sense doesn't mean that what the bookies are doing right now is wrong. It isn't. Your bet is on hold because it is not 100% decided yet. Gamblers can start complaining if Biden takes office but there winnings aren't paid out.

There is a need for final announcement or declaration before the rewards will be given to Right bettors, many will understand that it needs to be final first before giving the reward as there are chances that result may changed without final declaration with no opposing sides. The rewards will be hold until then,this betting type will always happen as its been part of every events in politics and sports.

Betting in an open ending events for me was a much risk taking than betting in the sports. I am not a fan of betting in an open ending events too because i am not so patiently waiting for the result of the betting game. I'd rather to bet in a sports game where it only takes an hour to announce the winner. I guess i am not that good of waiting in like for how many days just watching or reading about the pulse of possible winner.

I don't see it to be totally avoided. It is now like an opening to casinos and game website to include that into their games and anytime the time comes for election or any other contesting and event that can warrant such game.

"An open ending event is that event that's still continuing" unless there are concrete evidences about Biden be accused of rigging the just concluding US election, but, to the very best of the medias knowledge; there's nothing of such. Trump accusations against the election are such that many debug as false and don't hold much waters as we thought, there's a possibility of the Republicans going higher to the supreme court against the Democrats and the end results might just be same with the lower courts judgement IMO.

They can still offer this, because the Biden Trump is an isolated case, this is the first time it happen that a losing candidate in the United States is very stubborn to accept defeat, not all the coming presidential is like Donal Trump, who is very arrogant to admit that he lose the election, it's still on the gambler if he wants to bet or not, but it's really annoying on a gambler's part that you cannot claim your victory when you obviously win.

The US president election is totally concentrate the economy development and security purposes, so if it is safer than country peoples they don't block the previous casino gaming offers.
I think both are plan for the same method , But it will reach different set of wheels.
    Joe Biden
1. COVID 19
2. Jobs and Economy
3. China
4. Immigration
5. Energy
6. Gun violence
    Donald Trump
1. COVID-19
2. Jobs and tax
3. China
4. Energy
5. Healthcare
6. Education
7. Defense
I read all the statement of both persons note, so I expect everything will runs on previous methodology. I don't think it is not disappointed on current gamblers because they plan for equality.

I agree a game and a feature that has a market should not be taken down just because there is one event that happen that makes the results questionable, if one gambling site take it out down, it will be their lose and it will be another gambling site's gain, so it's better that they retain it, what happen in the Biden- Trump case is an isolated case, although there is no guaranty that it will not happen again.

There should be no such thing as "conflict" as in the first place, gamblers should already know that something like that can happen in a betting event. The moment they place their bet, they should anticipate that kind of scenario.

And besides, Biden vs Trump created lots of dramas and issues that's why don't treat it as the same in future open events.

I'm sure gambling operators already aware of what they faced during that heated event. The adjustment will surely be made.

It's Trump fault that this things happen, but obviously it's already given that Trump is on the way out of the White House, I seldom play open ending events but I read that many gambling sites is offering this, if one gambling site decide to shut it down, other gambling sites will just welcome those who patronize this kind of games, so I don't believe they are going to take it down just like that.

On a definite note the casinos have already be benefiting right now becasue some bookies are still open for more bettors to make some profits. But, they are aware that the US election are been insinuated to be rigging or the electoral accusations from the Trump camp are not true, but they still open for bettors, although their odds aren't good in my liking.

Well, it's up to the casinos to continue offering this kind of betting and it's upon to the gamblers to continue betting on this kind of event.
As political universe is very corrupted and manipulated I prefer to stay way from this gambling category, although I think no one (besides the cheaters) could imagine a fiasco like this could happen in an US election, considered the strongest and fairest democracy of the world, but now, turned into a banana republic like any third world country.

Also, if I were a casino owner I would remove this category from my spreadsheet to prevent a lot of possible issues and headaches with customers.

This is simple as long as there is enough money to be made then casinos are going to keep accepting those bets, people like to bet on political events and I think casinos are going to keep accommodating them, I know that people were not happy with the delayed outcome of this election but the casinos are not at fault, they are as much victims as the gamblers are and from now on both casinos and gamblers will have to take into consideration the possibility of this happening again when they make their bets.

Bookies would still continue to do so specially if it is big and notable events then they will surely not let it pass and also these aren't that often events that happens.

There would be argumentation about late bet results but that would be just sorted out in the end.There are just platforms that do just wait up for some final announcement
before releasing of the results.

It sucks actually since its clearly stated on who did won on the recent election and those after event ruckus are just part of it but it shouldn't
really be accounted on.

Even in regular football matches, there are nuances in the form of a winner in regulation time and a winner at the end of the match. Many novice bettors are very surprised when they find out about this. I think that in the case of bets on other more complex events, all options are taken into account and there are exact criteria for the occurrence of an event. Therefore, I like these bets.

The result is already in favor to Biden but since Trump can’t accept defeat then we have to wait until January so we can finally hear the real winner. Casinos can still offer that but it will depend to the gambler if they still want to participate or not but for me, this is a useless bet anymore and no more excitement at all.

Might be good to wait until it pick the clear winner for such event or until the clear winner took an oath. Well, it's just Trump couldn't take that he lost in this election but I think casinos could handle it if ONLY they really wait for the clear winner so that there will be no conflict among the bettors side.

The result does not based on what Trump think, it's based from the official announcement on whoever will announce it, and since we does not have it yet, then the bets will not be settle, hence the betting is still active though we know that Biden will likely to win by huge chance.

I think it's fine as long as the betting website pays you off when the outcome is known. Plus, the delay and anticipation make it even more intriguing, imo. I don't think that casinos should pass on big events like this due to an open ending, it's a great chance to draw a big audience and make advertisements.

If the casinos are taking a lot of bets from these type of events I don't see why they should stop, in the end they're making more profit by offering these type of bets. It's the same for sports when you bet on a team to win their league it takes months but I doubt it'll get refunded since they usually put big margins on outrights. I hate waiting on bets given that the outcome is already in your favor but that depends on the sportsbook as others are paying out early.

As long as it is within legal boundaries, I think that it is alright. The only problem that I see here is that they should find an interesting events that will cater global audiences. That in my opinion is the difficult part in these business model, contstantly finding an interesting events. Not to mention that these events should have a foreseeable ending like the end of US election.

That is the important thing that the betting website must do if they want to make another event like that. Without paying their members, their members don't want to bet on their site, and they will search for another betting website to bet. Maybe the betting website should think about the delay of the result, so the gamblers don't have to wait too long to see if they win or lose. But I am sure that the casino will use that big moment to create a bet for people and make it interesting to invite more gamblers to bet on those events. Maybe there will be an exciting event that people can bet after the US election.

The Legit site will surely Pay because it is their reputation at stake here.
Well they could try since Gambling sites now are preparing other recipe to offer for their Gamblers just to mate new ambiance and experience.
Since i believe this are experimental and trial so yes Making this Known from the gambling community first is one Big steps for success New legacy.

this is the same as here https://www.betfair.com/exchange/politics/event/28009878/multi-market?marketIds=1.128151441 on that betting site it says the game is still in play . i discovered that on the thread here https://bitcointalk.org/index.php?topic=5288303.msg55704322#msg55704322 .

if your a gambler that dont do a research theres a chance that you can bet on it because you didnt know that the game is already over but if your aware of the matches before you bet you can avoid and its better to avoid to not experience a problem further on . this is the first time i saw that delayed results happen to some gambling sites but i dont think it happens on other games too

I think the Trump vs Biden outcome wasn't really open ended as everyone thought, there has never been such thing in recent US politics where the sitting president refuses to simply acknowledge that he lost! If he conceded, this would have been a pretty easy result. However, there are events as you said which are open-ended, I don't think they should be stopped totally, but before placing any bet, the user shall be informed that this bet might lead to a conflict in result at a later stage to which he agrees to wait patiently till outcome becomes clear. It depends on the user if they want to place a bet or not on such events.

Yes, actually I don't quite understand the term open ending with the presidential election. The answer is clear that PBiden is the newly elected president of the USA. Why would it be considered as open ending when it is already being announce and the election already ended? The result is result but if there will be changes to happen then I suggest to make a clear regulations before betting. So, that whatever unexpectations will going to happen conflict will be avoided. Like the declared winner at the time the election ended should not be change even if there will be a protest against and recounting is needed for example in the election then better start another betting event to whom wll gonna win after the voting recount.

Sorry Mate but I dont think that is "SIMPLE" conceding to a election that you believe cheated you,I am not for trump nor to Biden but i think this is a Principle that is Hindering Trump to admit the result and also there are many people that will testify about the said cheating.
I think before having this kind of event better that all the bettors and the public must be informed well in regards to all the details.
And besides This kind of event is Not familiar to many so i doubt that there are many participants .

Not a good business virtue, if this kind of results take place especially with known sports gambling site, gamblers who played and came out being victims of this kind of act will surely disappointed.

The chance that they'll be moving to other sites is very possible, as the feeling of being trick or being manipulated by the site for their favor will annoyed them.

I agree on this The gambler should know beforehand what he is getting into if he is informed of the consequences of scenario that could happen, he will be ready to accept the results, they should know gamblers,  they should not take away something that they patronize because of some bad scenario, the gamblers will just look for other gambling sites which has this kind of feature.

It looks like the majority of the replies here are leaning towards an opinion that it is the gamblers choice, if they want to bet on offers like this or not. Yes, it is the gamblers choice, but can they live with the consequences of such a decision, when they are on the losing side of the decision that was made on the outcome?

Can casinos take the knocks, when those people on the losing side ...decides to leave as a result of those "losing" decisions?

I brought this subject up, because there was a lot of negativity in the betting scene as a result of the "Trump vs Biden" bets that were placed and the consequences of the decisions that was made by the different casinos.  :(

I'm pretty sure a just gambling site would have that in their terms, and as a gambler, since this is not an ordinary bet, we should also exert an effort to educate ourselves  of the nature of the bet, so we will not complain afterwards, I think most gamblers knows what they are doing.

As far as i know political betting were been already an old betting existed. And i guess casinos would make it as one of their open ending events as long as there are people who put their bets on this and it is already a good reason for them to continue this political betting. Of course i know that every bettors have already an idea of this betting nature before they would put any amount of bets. And beside as far as i know Biden was already a new elected president of the US.

I can't see a problem. The determination of what constitutes a result should be set out clearly beforehand. If this is unclear, then it's the casino at fault.
If the casino is clear but the gamblers haven't read the definitions, then it's the gamblers' fault.

We don't have to look any further than this forum for an example (https://bitcointalk.org/index.php?topic=5208356.0) of how it should be done: clear, concise, agreed and understood in advance.

Me myself, can't find the excitement in waiting for quite a long time just to see and know the results in open ending events. The longer you wait, the longer it gets boring for me, unlike in actual sports betting where there's still excitement before knowing the winner because you're watching the sports that give you a thrill. I feel like waiting for the result that takes a few days or even a month will just get you anxious.

Whether to continue offering bets in any event or not, depends on the gamblers and the casinos or gambling site in the first place. For sure this is not the first time, and that is enough I think to explain that those who bet are aware of the delays. Anything could be means of gambling tool as long as there's a bet. So we really cannot prohibit such kind of "game" because there's no valid reason to do so, and we do have freedom in this industry. As long as there are people who are betting on events of such, this will continue because gambling companies would make use of this opportunity. And when it comes to convenience and inconvenience, that is for the gambling casino and player to work with.

Does formality mean waiting for the inauguration of Biden?
Sorry, I don't bet on this kind of event but I would glad to know what happens afterward.

I doubt the gambling sites will stop this kind of open-end events.
As long as there is money coming in, they will continue doing so.
Is this the same as predicting which team will get the championship as early as the seasons?

Probably not the same because they are not playing yet, this one is different as votes are already country, it's just that one side cannot concede, making his complain just to prolong the process, but people believe that Biden wins and betting odds is based on people's perception.

you are right, they make money regardless of the odds as betting odds are open for both sides.

It depends on the casino whether it wabts to continue to offer or not. In my opinion, house will not close gambling on event because there are a huge number of gamblers who want to try their luck on events, especially events which they concern about. US election is the biggest event in 2020 with lots of audiences around the world. Due to this reason, demand on betting force casino to open betting on this unique event.

No matter how the outcome is, casino will have to pay the money to gambler. There might be delay. But it is not a big deal at all

I think the gamblers who gamble on such events are well aware that these kind of bets take longer to declare the outcome.Casinos should continue to offer these bets as they are intended to a specific audience which knows every thing regarding this kind of bet so there is no real conflict between the casino and these type of gamblers.

I think that Biden can get a victory depending on the votes of the people who prefer Biden while Trump is currently losing because he has been hit by many cases, indeed both of them have had problems but it can be seen from the size and size of the problem.

Probably not. As long as gambling and betting still permit, this kind of activity will keep rolling til next election/s or any huge events.
People love and this also serves as their support to the one that he loves to be on the position. I think there is no problem that makes this to stop.

Some countries, some gamblers are also practicing this one, could be a local event or national event. This could still be played for the coming years and for the next set of gamblers.

I also hate a long wait, but in this case it is very useful - the situation and the odds change over time and very often you can bet against your first bet and be guaranteed to be in the black. And if capital allows you, then you can participate in many such events and earn money.

I think it is completely fine.

As long as contracts specify exactly what the settlement conditions are, there should be no issues with market forces determining a price on each candidate's victory. If Trump supporters decide that the election should not be over until electoral colleges cast their votes, and that there is a market for that bet, then sure. Supply and demand will determine odds.

My only concern is that it sets a precedent for bookkeepers in the future to arbitrarily determine the winner, since settlement conditions on these bets (after Biden's projected victory, that is) are often vague and the ultimate rights of interpretation are generally reserved to the bookie. There is a clear conflict of interest there and I don't think that is particularly safe, even though it may be understandable that the fervour of Trump supporters disputing the results has led to this decision in the first place.

I don't think also that these casinos will stop offering this kind of event. They are earning money from here so why they need to stop? But for those bettors who don't want to wait, they won't bet in this event anymore. But from the casino side, they are not losing from this event because the funds are with them.

This will continue and its not really that relevant for bookies on closing up  their doors with these kind of bets to think that they are making money with it.Why the heck they would close it out?

Just because of the recent issues and conflicts with that recent presidency run? Situations like this could happen but it wont really be an enough reason for them to close or exclude these
kind of events on next time.

The money do rolls out on here and into other events as well.As long they would able to see that  they can benefit it out then theres no sense that they will just simply
stop it for some ethical purposes.

Maybe if the casinos can see the other ways to make more money, they will not stop offering other events to their members and invite more people to join in those events.
Besides that, the casino will ask their members to help them promote the events, so many people will try to place their bets on that casino.
But not all people want to wait for a long time for that bet, and I think they will like to bet in the short time events, so they can see what the results are.
If the purposes are about making money, the casino will figure out if that thing will help them earn more money from the gamblers.

Of course they can and besides this is isolated case and will never happen each election,because for many elections just now that this happen again though this happen in the past long time ago.
Maybe the casinos will take the gambling poll for this if tolerable and if they are willing to participate again.

the US election already ended and Biden won, simple as that.

but your question is legit and makes sense, my answer is that it's fine for websites to offer open ending events as long as they explain when it'll be finished (or give a range to close it if there's no outcome, even if it's really far from today's date).

a good example of that is what Futuur  (http://futuur.com/)is doing with their website, there you can bet on several different events, some have a date to close and some others will close in a date in the long long future.

This is so true and not sure about the house offering them but as a gambler myself I decided I won't place any such bets where the outcome can be delayed for months and there is nothing you can do but wait even if you know the bet is going to win but after months, there are sportsbook that have held winnings until the president takes his office.

I believe there was so much confusion just because of the Trump claims though because everything was normal until he started claiming I remember in a speech, we have won the election but there is election fraud. Now looking back I feel so funny about that statement because neither he won nor there was any wrongdoings.

It might be not a loyal one but for their business sake they would have keep the bet open for the people to make money out of it. If any newbies who are weak in knowledge about the sports and events.
However someone might list out the sites which are all showing the dead events still live there. So people whoever watching this thread might be little awake before they try to those sites.

Yes, in such cases it is actually players who suffered because the bet were held and it costs user not the sportsbook. I really appreciate how stake paid out Biden bets and let the Trump one stands but not all sportsbooks took the same path.

I do not think events like these will have any trouble in future because not every time there are election voter fraud claims and usually voting results are accepted by both parties. I don't mind betting on such events because these are the only times when you are betting on something where you can use the knowledge and brain to guess who will win instead of relying on luck.

I think you are confusing two things here - OP is talking about prediction markets still offering bets on a Trump presidency with the expiration date at or after inauguration day 2021, not old bets on the election results not being paid out.

New bets that offer a delayed settlement isn't all that bad. After all, it's just any other instrument that has a settlement condition and date. There is absolutely nothing wrong with that per se.

But as I said previously, when you've got books setting arbitrary conditions for settlement that's when the problem starts. Not the offering of the bet itself.

The offer for any bet will always be there when the season comes, whoever the candidate or candidate who is there basically will not be a problem when whoever loses can accept it freely, if that is the case then the results will be fast and clear. That way, I think any type of bet will be fine even if you lose the gambling, the offers offered by bookies I think are free, which means that everything can be used for a bet because the one who determines the bet or not is you, so be prepared for the risk.

As long as they could provide a good service on their end there wouldn't be a problem at all.
They could make any bets that they want but the question is would the bettors bet on their site or the event that they choose?
We could blame the site when some events face something after all they are just holding the bets and they aren't the organizer of the event they don't control it.

That's their advantage as they hold the funds there's no harm that may happened to their bankroll., gamblerswho don't want to get stuck will not entertained bes like this.

Gambling site will not stop as like what you've mentioned, they are benefiting to this type of gambling so why they will stop. Unless there's no more interested gamblers to play.

Yeah they dont have the control but the problem is that when there are possible events where outcomes had been revoked or reverted, then what would they gonna do?
Not all bettors that had received their winnings would be willingly return those amounts back to them and that will surely be on their first concern when events like this do
happen.Yes, it isnt really that common or just simply a rare case scenario but it could happen but overall i do agree in the fact that they are just holding the bets
and they arent the organizer so blaming them off wont be ethical.

There’s a market for such so they would still offer it. There’s no real reason not to if the operators are placing some signs about the possibility of a delayed result of the event given the circumstances that the said event is in. Also, people should really learn to read first and do the bets later once they are clear that they understand how the bet works. There are cases in sports betting platforms wherein a user gets mad on the trollbox for the platform’s incorrect grading, although the game is just postponed and will just continue some time. If the operators are warning users about the nature of the event, I think that’s already the best that they can, and it’s on the bettor if their bets take longer to grade and they have no other funds to play with.

They don't need to be upset or agitated, they need to be sure to where do they need to put their bets on, I mean it is betting game, there will be always a 50-50 possibility that either they may lose or they will won, there's no in between so they need to accept if their betting side is losing, in every game as well in trading, sometimes you learn and sometimes you won't you should accept that reality.

It's not on the casino and the gambling event neither who will be proclaimed to be the next president of the US, I guess it's already in the bettors since they know for a fact that in the election, candidates sometimes tend to dispute the result of counting and this can prolong the outcome yet they still did place their wager in this ending event.

For this, I will still consider that they should still continue doing ending events even with elections for it can still bring entertainment and in fact, it is for a much longer period of excitement lol.

The event is still active hence the bet should still be active.
Other sites find it risky but there are sites who can offer the safe as they know how to manage the risk at the same time.

It's true mate, it's up to the gamblers now if they will still bet or not, they are given the choices, so if they make mistakes, it's their fault not the site.

The excitement you are talking could be real though, especially if you are betting on the underdog and it will turn out to be a winner.
What a surprise, and you'll earn a decent bucks.

Maybe the rule in other sportsbooks will not be the same, so that we might see a different decision related to the bet.
If people can be wise to act related to placing the bet or not, they will know the consequences to do that, and they will not place the bet if they think that will not benefit them.
I guess that fraud will always happen in many events, but we don't know if that is really happening or it will not happen.
People who have the knowledge and can use their brains will have a chance to be the winner, but if that is related to gambling, they can forget it and will follow their emotions.

maybe in other countries that a losing candidate is making dispute but not in USA mate,you can count in hand finger those same situation as what this presidential election has.
that's why Bettors did not really anticipate this coming because if this happen in some place in asia?expect that only few will join the event.
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Lol in gambling Waiting for the result is the last thing that will entertain Gamblers.

We wanted to Take our winning or accept our defeat as soon as possible .

The nice thing about betting on open events is that you can do this weeks or months in advance, just like you can bet on the winner of the European championships in 2020 (2021)

If the casinos can earn a huge amount of money in hosting this kind of betting then I am pretty sure that they will continue in offering this kind of  bets.

But this kind of bets where we need to bet if who will be the winner in the upcoming elections is pretty difficult to host also if I were to consider but I am sure that the casino owners already know what they are going to do in order to avoid any problems to all the bets that they handled. But I saw some of casino owners that pays already their users as they declared Biden as the winner in US election.

This is what I think as well, casinos care for the most part care for one thing and that is to make as much money as possible, and as long as people have interest in those kind of events then they're going to keep offering those kind of bets, besides the issue with the US election cannot really be pin down to them, it was an extraordinary event that was without a doubt outside of their control and I think many gamblers can understand that fact and simply accepted the delay as something inevitable.

Gambling site owners always favors what will bring them money.

Like what you have said, as long as there are gamblers who will take part and bets to this kind of offers the site will continue
catering this event. They will keep providing odds as they are receiving profits from each events that being offered from their
platform.

Gambling owners see this as a big opportunity to make money. In fact, only a few sites offering such betting options at this time, and that gives them a huge favor. But this could not be surprising for the next election many betting sites will open for this since they know that gamblers are wanting this.

Miss Universe, US Election, they have it already, and probably local gambling sites will offer such a scheme base on their local activities. I've found this as a habitual betting option and that it keeps rolling till nobody makes a bet.

No business owner would really be ignoring the possible ways for them to make profit.There might be some issues but they wont really matter much

and they wont really be blocking these kind of events if they do know that they can make money out of it.

In business like this then these events would be always be part on the list as long it generates money.

There's a big money on that kind of event so I don't see why casinos shouldn't continue to offer it to gamblers.

Gambling sites are aware of any associated problem and for sure, they know what better compare to us.

There will be more open bet in the future that will be settled properly so those problems happened in Biden vs Trump is just an isolated scenario and won't happen everytime.

Yes, it is. The business owner will search for any possible way to make more profit still. If they think that making other events which could be popular can be their way to make money, they will prepare and launch it to the public, so many people will curious and will bet on that events.

If the casino can launch many events at the same time, that can be the other way to promote their site. People will know that the casino can be a place to place a bet for special events, and they can also try to win the money from that event. Generating money will be the business owner's purpose, and gambling is one big industry that produces a lot of money.

The simpe truth is that I would never encourage anyone to bet what they can't afford to lose if they are not sure of the outcome. Besides, I noticed the polls were misleading and probably deceiving alot of people. The truth is that the current President will continue to lead that Nation ... I still didn't bet on the election even with this sure information.
I just think the sites will need to be moral enough for me to bet on. By the way, I hate doing the bet to be wealthy. I just prefer prediction/betting sites that are useful to people and society.

The only this that might restrain them from listing such events is if they have some form f conceivable influence over its outcome. And I think for a national election as massive and complicated as the US election, they don't. In fact some big sites have more chance f influencing sports events than for an election

The thing is, when these kinds of offerings backfire.... casinos actually stand a chance to lose long-term gamblers. They are forced into a situation where they should pay out bets, without knowing what the final outcome of this bet will be and you always have 1 party that will not be happy with the decision that was made.

Why go into these type of decisions and rather avoid open ended events like this and keep both parties satisfied and happy? It is one thing making money on the short-term.. but you do not want to piss off your long-term customers.  ;)

I don't see any problem with betting in that kind of events, there is no problem on that especially if you are using the reputable betting website, they will pay once you win and don't pay if you bet the wrong one, there's no problem with that because that is somehow related on some other betting sports events wherein gamblers don't have any clue who will win, future is unpredictable so betting with presidency election is quite not a problem at all.

About the election fiasco, I think the problem was because the question is unclear. It should be "the next president," not "the election winner." Hence, we will get the president on the inauguration date. That said, there is still a chance that Kamala will be the next president. Biden is old already, who knows he won't be alive till January ;D

But for some events you can't easily define which outcome is the winner. For example are you able to say who has won the US election as for now?
That's what Kakmakr is talking about. It's not a matter of reputation IMO.

That's good to hold a contest if Biden can finish his terms, but I'm sure he can it's not about the old age but if he is still capable the way I see it he can still live for the next ten years, he is still strong can talk clearly and still has a sharp mind, Kamala can run for election she is capable of winning an election.

US president election is a big event that only happens every 4 years, so the gambling site will continue to open bets as long as there is still
a lot of interest. Even though the event had ended it didn't stop gambling sites from offering bets related to US president election to gamblers.
Because gambling sites only think about the benefits that can be obtained from this big event, whereas in my opinion gambling sites should
stop offering events that are already over.