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Author Topic: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden  (Read 2827 times)
johhnyUA
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December 18, 2020, 06:14:39 PM
 #341

as promised the bet on freebitco.in have been paid out too (in favor of Biden, of course).

Of course, i would not advertise dishonest book.   Grin

And if to talk without irony, it's obvious that after decision of Supreme Court and college of voters there is no reason to not pay bids. Everything is over, Trump has lost. If some book doesn't pay your reward, you should pay attention to it.

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December 18, 2020, 06:49:34 PM
 #342

It is understandable that all casinos wanted to wait until it was official, but I never really understood what "official" meant. I mean votes came out, who do you think counts those votes? Biden supporters?

In USA electors select president not people. in 2016 six electors did not cast vote as they should. Not sure how was this year.  It is a strange system. Electors could simply decide to vote differently as voters decided in their state. Those electors will probably not be electors anymore next year.

Most states have passed laws disallowing faithless electors. Their vote is not counted, and someone else takes their place and votes correctly. They might also risk prison sentences.
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December 18, 2020, 09:22:37 PM
 #343

as promised the bet on freebitco.in have been paid out too (in favor of Biden, of course).

Of course, i would not advertise dishonest book.   Grin

And if to talk without irony, it's obvious that after decision of Supreme Court and college of voters there is no reason to not pay bids. Everything is over, Trump has lost. If some book doesn't pay your reward, you should pay attention to it.
Wondering on what are the things that theyre trying to wait up since its clear that it had been decided.What they are trying to fight for? Its just useless because it is over.
Biden is already on the set and trying to reforming things because if it was still an unsure decision then he wont really be sitting up there are the new president.
They cant really just accept the truth that they have lots and trying to fight into something which cant really be changed.Bookies that had paid out on bettors of Biden then
i would consider to be on that ethical side of things but for those who have not then i would already have doubts on using them.

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December 21, 2020, 07:55:29 PM
 #344

as promised the bet on freebitco.in have been paid out too (in favor of Biden, of course).

Of course, i would not advertise dishonest book.   Grin

And if to talk without irony, it's obvious that after decision of Supreme Court and college of voters there is no reason to not pay bids. Everything is over, Trump has lost. If some book doesn't pay your reward, you should pay attention to it.

had no doubt at all that they'd pay, and pay in favor for Biden and not for the loser side.
all the question around it was WHEN.
seem like that question is solved once and for all.

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December 21, 2020, 08:09:31 PM
 #345

It is understandable that all casinos wanted to wait until it was official, but I never really understood what "official" meant. I mean votes came out, who do you think counts those votes? Biden supporters?

I mean did people assumed that Biden voters just went out and counted the voters and throw out all trump votes and double counted Biden votes or something?

It was official results on day one, well some states counted a bit later but it was counted, when votes are counted and results are in, we have the result, what else do you really need? All the legal battles? Those were for the show, those were there so that Trump could say he didn't lose, he was frauded and that is what he was trusting, because he KNEW he lost, but he would never dare say that and those legal battles were all part of the show.

The counting has been completed for months now, anyone who assumes that there have been injustices is disrespecting the work that has been done by so many people up to now. Undoubtedly some cases of illegal modification of the results, of some single votes, have been made, but this happens in any country in the world, and is legally punishable. However, these cases are very uncommon and would not affect the overall result.

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December 21, 2020, 09:33:47 PM
 #346

Everything is over, Trump has lost. If some book doesn't pay your reward, you should pay attention to it.

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?

Post-election investigations should not be included as a factor in these bets.

Or they are just waiting until Biden officially assumes office next month, January 2021?

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dimonstration
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December 21, 2020, 10:31:33 PM
 #347

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?
Post-election investigations should not be included as a factor in these bets.
Or they are just waiting until Biden officially assumes office next month, January 2021?
I guess known or popular gambling or betting sites might already give reward to those who bet for Biden since it's obvious and voting seems really in favor in him, those sites should already received many questions form their bettors that's why they already give the rewards, however we're not sure in some gambling sites which are not yet popular if what their excuse in not paying yet.
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December 21, 2020, 11:50:25 PM
 #348

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?
Post-election investigations should not be included as a factor in these bets.
Or they are just waiting until Biden officially assumes office next month, January 2021?
I guess known or popular gambling or betting sites might already give reward to those who bet for Biden since it's obvious and voting seems really in favor in him, those sites should already received many questions form their bettors that's why they already give the rewards, however we're not sure in some gambling sites which are not yet popular if what their excuse in not paying yet.

popular bookie sites are worth it and are afraid that what people think of them .

it wont be acceptable if the whole site gets affected by this single betting event but there are other types of betting where they can make more money than this election betting thing , they dont need to feel regret after paying the winners because they can recover what they are going to pay .

non popular bookie sites didnt care at all because they are not popular and if they arent popular , less people complain on them .
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December 21, 2020, 11:53:53 PM
 #349

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?
Post-election investigations should not be included as a factor in these bets.
Or they are just waiting until Biden officially assumes office next month, January 2021?
I guess known or popular gambling or betting sites might already give reward to those who bet for Biden since it's obvious and voting seems really in favor in him, those sites should already received many questions form their bettors that's why they already give the rewards, however we're not sure in some gambling sites which are not yet popular if what their excuse in not paying yet.

I see, thank you mate. So it's a real thing that other sport betting sites don't settle the bet yet.

What's their excuse? And can't believe other bettors chose a not popular site and entrust their funds there for long?

Hoping we can have the names of those sites involved. A bit unprofessional to me if that's their approach to their customers. Next time, terms should be much clearer and organized in case the same scenario that happened last US Presidential election or any event will happen again in the future.

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December 22, 2020, 03:08:13 AM
 #350

Or they are just waiting until Biden officially assumes office next month, January 2021?

This is not a valid excuse. The bets were placed on the elections. The results were certified and the process was completed last week. When Biden will take charge is not relevant here. What I am saying is that delaying the process any further will only tarnish the reputation of the online casino, in case they care about it. Gamblers are noticing which of the sites are processing the results on time, and which ones are delaying it.

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December 22, 2020, 09:38:37 PM
 #351

Everything is over, Trump has lost. If some book doesn't pay your reward, you should pay attention to it.

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?

Post-election investigations should not be included as a factor in these bets.

Or they are just waiting until Biden officially assumes office next month, January 2021?

as published a couple of times, FTX future contracts are still open until February 1st, so there's some free money here:
https://ftx.com/trade/TRUMPGO/USD

just a matter of buying TRUMPGO tokens and waiting for it.
it'll expire to 1 usd on february 1st.

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December 23, 2020, 03:55:15 AM
 #352

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?
Post-election investigations should not be included as a factor in these bets.
Or they are just waiting until Biden officially assumes office next month, January 2021?
I guess known or popular gambling or betting sites might already give reward to those who bet for Biden since it's obvious and voting seems really in favor in him, those sites should already received many questions form their bettors that's why they already give the rewards, however we're not sure in some gambling sites which are not yet popular if what their excuse in not paying yet.

I see, thank you mate. So it's a real thing that other sport betting sites don't settle the bet yet.

What's their excuse? And can't believe other bettors chose a not popular site and entrust their funds there for long?

Hoping we can have the names of those sites involved. A bit unprofessional to me if that's their approach to their customers. Next time, terms should be much clearer and organized in case the same scenario that happened last US Presidential election or any event will happen again in the future.


Glad I went with Cloudbet on this run, I couldn't resist betting on this year's presidential election because I just knew it was going to be action packed. Low key happy the fund came through while Bitcoin is up, if it had come any earlier I would've sold winnings between 18-20k - No Cap.  Grin
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December 23, 2020, 04:34:59 AM
 #353

I still remember committing a big blunder in this election. Before the COVID 19 pandemic hit the US, Trump was the favorite and Biden's odds were very attractive. I thought about placing a bet on Biden, but wanted to wait for a few more weeks so that the odds would get even better. But the odds tilted to Biden and in the end I decided not to place a bet rather than making one with lower odds.
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December 23, 2020, 02:31:15 PM
 #354

<...>

interesting, would love to have access to odds data change over time.
I suppose this is not available anywhere, right?

may be hard as it also varies from website to website (different houses, different rules)

but it may give some good information to work with and learn about house behavior related to population choices.

.
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December 25, 2020, 10:44:10 PM
 #355

<...>

interesting, would love to have access to odds data change over time.
I suppose this is not available anywhere, right?

figmentofmyass posted such info graphic in one of the threads about US elections if i remember correctly. Anyway, you can find rating graph with Biden/Trump, take one keypoint, look what odds was at this keypoint and then using ratio between candidates ratings at any needed point as a coefficient, use it on odds.

Maybe not too good in words, if it will be needed, you can ask me i will show you calculations.

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December 25, 2020, 10:47:40 PM
Last edit: December 25, 2020, 11:03:48 PM by Saint-loup
 #356

Glad I went with Cloudbet on this run, I couldn't resist betting on this year's presidential election because I just knew it was going to be action packed. Low key happy the fund came through while Bitcoin is up, if it had come any earlier I would've sold winnings between 18-20k - No Cap.  Grin
Well finally it luckily turned into a profit for you as I understand from what you're saying.
But when did you get paid by Cloudbet exactly please?

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December 26, 2020, 08:37:02 AM
Last edit: December 26, 2020, 08:50:35 AM by malevolent
 #357

Just out of curiosity, are there still gambling sites that didn't settle the bet even there is a clear winner already? Fiat and crypto-gambling site?

Post-election investigations should not be included as a factor in these bets.

Or they are just waiting until Biden officially assumes office next month, January 2021?

Yes, there are. Some bets were also created weeks after the election, some don't necessarily involve honest winning of the election, but otherwise 'winning', some are about the upcoming electoral session's vote counting, or the inauguration, etc.

What's their excuse? And can't believe other bettors chose a not popular site and entrust their funds there for long?

Often it comes up to the wording of the bet or its initially drawn up decision logic.

This is not a valid excuse. The bets were placed on the elections. The results were certified and the process was completed last week. When Biden will take charge is not relevant here. What I am saying is that delaying the process any further will only tarnish the reputation of the online casino, in case they care about it. Gamblers are noticing which of the sites are processing the results on time, and which ones are delaying it.

As long as BTC price isn't collapsing most won't complain too much about waiting for the few yet unsettled bets till Jan 6th (Jan 20th in some cases).

interesting, would love to have access to odds data change over time.
I suppose this is not available anywhere, right?

may be hard as it also varies from website to website (different houses, different rules)

but it may give some good information to work with and learn about house behavior related to population choices.

Yes, there are some differences, but to get a rough idea take a look https://polymarket.com/, it has nice graphs and a clean interface.

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December 26, 2020, 06:00:34 PM
 #358

...

Strike while the iron is hot. Make the best wager when available and by all means make a secondary wager if the price gets better.

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December 26, 2020, 10:13:36 PM
 #359

I still remember committing a big blunder in this election. Before the COVID 19 pandemic hit the US, Trump was the favorite and Biden's odds were very attractive. I thought about placing a bet on Biden, but wanted to wait for a few more weeks so that the odds would get even better. But the odds tilted to Biden and in the end I decided not to place a bet rather than making one with lower odds.
I don't know if this affect the odds, but due to trumps irrational decision before, it result to some things that affects his winning vote and it result in favor to Biden, and since trump started to sit in America, many people don't like him, especially because he is a businessman most of his decision is based on his experience, he is trained to be like businessman but not like to be politician, if I will vote I will bet in Biden for sure.

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December 26, 2020, 10:21:34 PM
 #360

I still remember committing a big blunder in this election. Before the COVID 19 pandemic hit the US, Trump was the favorite and Biden's odds were very attractive. I thought about placing a bet on Biden, but wanted to wait for a few more weeks so that the odds would get even better. But the odds tilted to Biden and in the end I decided not to place a bet rather than making one with lower odds.
I don't know if this affect the odds, but due to trumps irrational decision before, it result to some things that affects his winning vote and it result in favor to Biden, and since trump started to sit in America, many people don't like him, especially because he is a businessman most of his decision is based on his experience,
Trump made a lot of bad decision during the covid-19 pandemic, the case of infected people have skyrocketed and the economy have struggled a bit, so people were disappointed and election is the best way to show their frustration so they vote for a new president.

I don't follow the odds before the covid-19 but I only see the odds and Trump was the underdog, same as last election.


Quote
he is trained to be like businessman but not like to be politician, if I will vote I will bet in Biden for sure.
It doesn't really matter if he only listened to his advisers and make decisions that is beneficial for the majority of people, but he failed them so they got their revenge by not letting him win. I'm just talking about the majority of voters as this is a close one I believe.

R


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