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Author Topic: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden  (Read 2829 times)
ChiBitCTy
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October 30, 2020, 07:36:31 PM
 #121

The first time I ever voted on a Presidential election was 2016.  I was sold on the fact that Hilary was going to win, and put a decent amount down.  Needless to say I ended up not winning that bet.  This is a difficult thing to ever bet for myself personally, again that is, but I guess when you've got a 50/50 chance, it's never a horrible bet lol. Good luck to those who are betting this!

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October 30, 2020, 08:57:59 PM
 #122

yeah, but could not be of particular importance on the end, depending on results in other states
at the moment, it is pretty unclear who will win the elections, and from my point of view, Trump has better chances to celebrate at the end, but that does not matter a lot, since i am not voting on this elections, not live in US
It has importance because there are 37 states who are deciding the winner, and they will start counting later, and Washington State can even have 3 weeks of delay!
Mailed ballots are main issue and some states got deadline extension after election, and only 6 states started counting so far.
Here is foxnews article and video with more information about this:
https://www.foxnews.com/politics/butler-county-pennsylvania-allegedly-lost-ballots-postal-service

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October 30, 2020, 10:23:14 PM
 #123

The first time I ever voted on a Presidential election was 2016.  I was sold on the fact that Hilary was going to win, and put a decent amount down.  Needless to say I ended up not winning that bet.  This is a difficult thing to ever bet for myself personally, again that is, but I guess when you've got a 50/50 chance, it's never a horrible bet lol. Good luck to those who are betting this!

Meh, I've already bet on Trump with 2.65 coef and i regret for my decision, because with very high probability Biden is the one to win  Undecided

Also, it's obvious that your "50/50" isn't right in math terms. Because this is no coin flip, where is head or tail. Here we have a very complicated (i would say impossible to count) probability for both on them. And you can find yourself betting a man which has for example 5 % chance to win.

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October 30, 2020, 11:01:58 PM
 #124

The first time I ever voted on a Presidential election was 2016.  I was sold on the fact that Hilary was going to win, and put a decent amount down.  Needless to say I ended up not winning that bet.  This is a difficult thing to ever bet for myself personally, again that is, but I guess when you've got a 50/50 chance, it's never a horrible bet lol. Good luck to those who are betting this!

O think in this elections everything is possible and yes, chances are 50/50 on both sides. That is a good bet but still I will skip it, not my cup of tea
However, this will be one of the most unpredictable and most exciting bets so fingers crossed for everyone who bets.

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October 31, 2020, 12:47:10 PM
 #125

Betnomi has a nice 30% cashback offer in case of losing bet, but I am only thinking what will happen in case final election victory is delayed for few weeks.
I can imagine scenario of public unrest, and some states even announced they will need few weeks time to count all the votes!
We may need to wait a lot of time for bet confirmation.

FTX has a rule for their contact that in the worst case scenario the contract will expire in the 1st of February and the president by them will be the one to decide the expiration price.
in the case of TRUMP contract it expires for 1 if Trump is still president by 1st of Feb and by 0 otherwise.

more information here:
https://help.ftx.com/hc/en-us/articles/360039118112

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Juggy777
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October 31, 2020, 01:03:58 PM
 #126

The first time I ever voted on a Presidential election was 2016.  I was sold on the fact that Hilary was going to win, and put a decent amount down.  Needless to say I ended up not winning that bet.  This is a difficult thing to ever bet for myself personally, again that is, but I guess when you've got a 50/50 chance, it's never a horrible bet lol. Good luck to those who are betting this!

Meh, I've already bet on Trump with 2.65 coef and i regret for my decision, because with very high probability Biden is the one to win  Undecided

Also, it's obvious that your "50/50" isn't right in math terms. Because this is no coin flip, where is head or tail. Here we have a very complicated (i would say impossible to count) probability for both on them. And you can find yourself betting a man which has for example 5 % chance to win.

@ChiBitCTy not many saw that coming so it’s fine, but this time round Biden is leading, and even though I like Trump I don’t expect him to win. @johhnyUA I can understand your frustration, but you could always wager a bit on Biden to recover your losses or hodl on to your bet and pray for a miracle.

Sources:

https://thehill.com/homenews/campaign/523722-biden-leads-trump-by-8-points-nationally-poll

https://www.resetdoc.org/story/hillarys-defeat-how-did-we-not-see-this-coming/
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November 01, 2020, 01:22:46 PM
 #127

For those into NFTs Beeple is creating some interesting art with election based themes.
https://twitter.com/wsavas/status/1322326067101765632?s=20

including this one on Nifty Gateway that will change according to the outcome of the election.
https://twitter.com/niftygateway/status/1322208255310004225

Not hard to know who he's betting to, since if Trump wins the art piece will turn into a Hellman trump running in fire 'til the end of times
if Trum loses the art becomes a dead huge trump with a rainbow and a peaceful america hahahah

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November 01, 2020, 03:36:15 PM
 #128

The first time I ever voted on a Presidential election was 2016.  I was sold on the fact that Hilary was going to win, and put a decent amount down.  Needless to say I ended up not winning that bet.  This is a difficult thing to ever bet for myself personally, again that is, but I guess when you've got a 50/50 chance, it's never a horrible bet lol. Good luck to those who are betting this!

Meh, I've already bet on Trump with 2.65 coef and i regret for my decision, because with very high probability Biden is the one to win  Undecided

Also, it's obvious that your "50/50" isn't right in math terms. Because this is no coin flip, where is head or tail. Here we have a very complicated (i would say impossible to count) probability for both on them. And you can find yourself betting a man which has for example 5 % chance to win.

@ChiBitCTy not many saw that coming so it’s fine, but this time round Biden is leading, and even though I like Trump I don’t expect him to win. @johhnyUA I can understand your frustration, but you could always wager a bit on Biden to recover your losses or hodl on to your bet and pray for a miracle.

Sources:

https://thehill.com/homenews/campaign/523722-biden-leads-trump-by-8-points-nationally-poll

https://www.resetdoc.org/story/hillarys-defeat-how-did-we-not-see-this-coming/

Yes, that's one thing to do. Bet on the other candidate, so whatever happens, you're not in the losing end.  Wink
But maybe use other site for your other bet, anyway, crypto casino odds don't have the wide gap from each other, almost the same.
If you will check the bestodds right now - https://www.bestodds.ai/odds/sport-politics/us-elections/outrights/next-president/
Are we going to expect change of odds a day before the elections?
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November 01, 2020, 03:43:41 PM
 #129

The first time I ever voted on a Presidential election was 2016.  I was sold on the fact that Hilary was going to win, and put a decent amount down.  Needless to say I ended up not winning that bet.  This is a difficult thing to ever bet for myself personally, again that is, but I guess when you've got a 50/50 chance, it's never a horrible bet lol. Good luck to those who are betting this!
This brings me back some memories, I remember that all my friends thought that Hillary will win and even if I thought the same I loved trolling them by saying to them that Trump will win, eventually they got so mad with my trolling that they dare me to put my money where my mouth was and make a bet against them, I accepted and they were awfully confident they will win the bet.

To their surprise Hillary lost and I just kept trolling them that day as it became more and more obvious Trump will win, they paid their bet so at least I can say they were a good sport and since then it has become one of our favourite anecdotes, they tried to bet against me once again but I did not accepted because it seems like Trump is going to lose this time around for sure.
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November 01, 2020, 03:46:39 PM
 #130

US Election betting | Trump vs Biden


We wrote a piece on what the betting markets can tell us about Trump vs Biden. From now until Nov 3, we will be sharing our analysis on betting, poll and voting patterns after each presidential debate.

Hope you guys enjoy the read and stay tuned!

Check out our best bitcoin odds on the 2020 US Presidential Election!


We had many threads like this already in the past and I believe that neither of them will win because we have many more candidates who are actually more capable and more educated than them both.
Saying how only trump or biden will win seems a little redundant to me. I believe that if words come to an end and I would have to choose someone I would choose biden but then again biden is corrupted and trump , we all know how he is...but then again he managed to win the elections so we cannot really trust the judgement of Americans.
For the sake of the bet I would go for : Biden
But won't actually even waste my time on betting on this.
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November 01, 2020, 07:51:51 PM
 #131

Predicted Trump will win 2016 and again says its equally likely in 2020, since its a rare view I thought people might want to listen to some of the points.   https://youtu.be/LsUXcUK68bY?t=837
Time point I posted there he goes over why national polls are not especially relevant to the election and how easily media opinion becomes off base etc.

My take so far from what I've seen is Trump did not improve on his voting base from 2016, however you attribute the reason for that it would then remind us it was a very lucky win hence I think the chances for repeating that luck are low.   ie. a flipped coin twice, halves its chances of repeating the same result.    In any other year the standing president candidate would likely gain votes in many places.

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November 02, 2020, 09:12:52 AM
 #132

Predicted Trump will win 2016 and again says its equally likely in 2020, since its a rare view I thought people might want to listen to some of the points.   https://youtu.be/LsUXcUK68bY?t=837
~

Those are valid points, in my opinion! Also I liked this comment to the video:

"Alot of trump voters will never mention they will vote for him."

Think of it, and combine it with another comment saying:

"Trump will win because americans hate the press and Trump hates them too."

Many Trump voters when asked by the press about their choice, just don't want to talk back!

I placed my bet on Trump many months ago, and today I bet the same amount on him again. Trump is winning the elections, whether we like it or not.

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November 02, 2020, 10:00:49 AM
 #133

Regarding the current Biden/Trump situation, I would bet on Trump because the chances for either of them winning are closer to 50/50, while the outcome odds for Trump are above 2.0 everywhere.
50/50? Why do you think that?
The first election was very tight and he disappointed many of his voters during its mandate.

Gotta side with @Saint-loup here, latest polls from FiveThirtyEight are pointing to a Biden Win @+8.5. Majority of the swing states are in Blue right now.
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November 02, 2020, 10:03:51 AM
 #134

Regarding the current Biden/Trump situation, I would bet on Trump because the chances for either of them winning are closer to 50/50, while the outcome odds for Trump are above 2.0 everywhere.
50/50? Why do you think that?
The first election was very tight and he disappointed many of his voters during its mandate.

Gotta side with @Saint-loup here, latest polls from FiveThirtyEight are pointing to a Biden Win @+8.5. Majority of the swing states are in Blue right now.

Last time also, Fivethirtyeight had given 90% chance for Hillary and less than 10% for Trump. And everyone knows what happened in the end. We can't really trust the polls, because they can't accurately predict the difference in turnout for both the camps. Back in 2016, none of the polls could predict that the turnout among the Democrat voting block (especially with the minority voters) would be 6-7% lower when compared to 2012.
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November 02, 2020, 10:43:02 AM
 #135

Only 1 day left for the election. Any last minute betting happening here? I am thinking about betting on a small amount on Trump to hedge my Biden bet. Or maybe its better to just sit it out? It's going to be a long day tomorrow.

Does anyone know when the payouts ate going to be made by the bookmakers? I heard that it could takes weeks for all the mail votes to be counted. So the official result could be ready only at the end of November.
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November 02, 2020, 11:13:10 AM
 #136

Only 1 day left for the election. Any last minute betting happening here? I am thinking about betting on a small amount on Trump to hedge my Biden bet. Or maybe its better to just sit it out? It's going to be a long day tomorrow.

Does anyone know when the payouts ate going to be made by the bookmakers? I heard that it could takes weeks for all the mail votes to be counted. So the official result could be ready only at the end of November.
Of course you can bet small for trump because still now the distances between the two is too close that we cannot predict who will win tomorrow  .
But I will certainly bet for Trump here later today.
I am not a supporter but as what my friends from USA  says it is trump still, who will win here

But who will here is not my concern instead it is my bet that would matter lol .

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November 02, 2020, 11:15:17 AM
 #137

Only 1 day left for the election. Any last minute betting happening here? I am thinking about betting on a small amount on Trump to hedge my Biden bet. Or maybe its better to just sit it out? It's going to be a long day tomorrow.

Does anyone know when the payouts ate going to be made by the bookmakers? I heard that it could takes weeks for all the mail votes to be counted. So the official result could be ready only at the end of November.
Of course you can bet small for trump because still now the distances between the two is too close that we cannot predict who will win tomorrow  .
But I will certainly bet for Trump here later today.
I am not a supporter but as what my friends from USA  says it is trump still, who will win here

But who will here is not my concern instead it is my bet that would matter lol .

I'm not from the US so I don't know much about how politics run in their country, but I'm just curious why Trump is the underdog on this election considering he is the present president. Can anyone enlighten me, I might put my bet soon too.

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November 02, 2020, 12:02:05 PM
 #138

Only 1 day left for the election. Any last minute betting happening here? I am thinking about betting on a small amount on Trump to hedge my Biden bet. Or maybe its better to just sit it out? It's going to be a long day tomorrow.

Does anyone know when the payouts ate going to be made by the bookmakers? I heard that it could takes weeks for all the mail votes to be counted. So the official result could be ready only at the end of November.
Of course you can bet small for trump because still now the distances between the two is too close that we cannot predict who will win tomorrow  .
But I will certainly bet for Trump here later today.
I am not a supporter but as what my friends from USA  says it is trump still, who will win here

But who will here is not my concern instead it is my bet that would matter lol .

I'm not from the US so I don't know much about how politics run in their country, but I'm just curious why Trump is the underdog on this election considering he is the present president. Can anyone enlighten me, I might put my bet soon too.

I guess you should read this article.

On The Trail: The five factors that make Joe Biden the favorite

Regardless of what they are saying in that article, just go with your analysis as not every time the favorite wins, sometimes the real value is on the underdog.

You know what I mean as a gambler.

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November 02, 2020, 12:20:24 PM
 #139

I'm not from the US so I don't know much about how politics run in their country, but I'm just curious why Trump is the underdog on this election considering he is the present president. Can anyone enlighten me, I might put my bet soon too.

Well.. Trump was the underdog last time as well. But he won the elections, since turnout was higher among the Republican voters. If you take the number of registered voters in the United States, the Democrats outnumber the Republicans by a huge margin. But they have two disadvantages. First of all, there are a number of deep-blue states such as California and New York, where Dems carry by very large margins. But whether you win the state by 1 vote or by 1 million votes, you get the same number of electoral college votes. And secondly, turnout is always low among the Democrats when compared to the Republicans. A large section of the Democrat supporters prefer to watch web series or drink beer with their friends rather than going to the polling booth.
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November 02, 2020, 01:00:54 PM
 #140

Speaking of underdog value bets, there's a special on Sportsbet now for Trump to win at 10/1. I placed the max bet on it (1 mbtc) just purely because every other side is under 3/1 so well, that's value right there;)

Vishnu: so young blue voters just Netflix and meme-whine eh?Wink

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