Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden

[Timelord2067]

Even better, I'll offer this as a Trump vs Biden bet; if Biden dies for whatever reason (definitely a non zero chance) before he becomes president, the bet would be void.

Unless of course you were on freebitco.in (ref link in my signature) which have bets for Kamala Harris becoming the next US president. $1 bet at 300:1 TYVM 

[aesma]

FTX just opened a new contract that expires on February 1st.
TRUMPGO and TRUMPSTAY for those who think he still has a chance.

information about it here:
https://ftx.com/trump-tokens

Being forced to buy both tokens then get rid of one to actually bet on the right outcome is smart for them, not so much for us. I'm guessing the price of TRUMPWIN will be almost nothing.

you're not forced to buy both tokens.
not sure if you got the mechanic right but check that:

TRUMPSTAY will be redeemable for 1 USD if Trump is president on Feburary 1, 2020 and 0 otherwise. Similarly, TRUMPGO will be redeemable for 1 USD if Trump is not president on February 1, 2020 and 0 otherwise*.

TRUMPWIN and TRUMPLOSE are already closed contracts, both considered that Joe Biden won and were redeemed accordingly.

If you still want to bet on the possibility of TRUMP staying or leaving office until february 1st you can use the tokens TRUMPSTAY and TRUMPGO.

The page linked allow you to create these tokens BUT you don't need to create them, you can just go directly to the contract page and trade it:
https://ftx.com/trade/TRUMPGO/USD
https://ftx.com/trade/TRUMPSTAY/USD

I mean the initial way to get the tokens. 0.840 for TRUMPGO, interesting, that's better odds than DarkStar_ is offering, what's the catch ?

[DarkStar_]

FTX just opened a new contract that expires on February 1st.
TRUMPGO and TRUMPSTAY for those who think he still has a chance.

information about it here:
https://ftx.com/trump-tokens

Being forced to buy both tokens then get rid of one to actually bet on the right outcome is smart for them, not so much for us. I'm guessing the price of TRUMPWIN will be almost nothing.

you're not forced to buy both tokens.
not sure if you got the mechanic right but check that:

TRUMPSTAY will be redeemable for 1 USD if Trump is president on Feburary 1, 2020 and 0 otherwise. Similarly, TRUMPGO will be redeemable for 1 USD if Trump is not president on February 1, 2020 and 0 otherwise*.

TRUMPWIN and TRUMPLOSE are already closed contracts, both considered that Joe Biden won and were redeemed accordingly.

If you still want to bet on the possibility of TRUMP staying or leaving office until february 1st you can use the tokens TRUMPSTAY and TRUMPGO.

The page linked allow you to create these tokens BUT you don't need to create them, you can just go directly to the contract page and trade it:
https://ftx.com/trade/TRUMPGO/USD
https://ftx.com/trade/TRUMPSTAY/USD

I mean the initial way to get the tokens. 0.840 for TRUMPGO, interesting, that's better odds than DarkStar_ is offering, what's the catch ?

I never said my offer was good - in fact it's a pretty poor offer compared to exchanges. PredictIt currently has Biden at 0.840 as well so I think it's a reasonable offer (though still much better than Betfair, which has 1.05 for Biden right now). I'm surprised prediction markets are differing this much, but I guess it's hard to arbitrage between Betfair and PredictIt since PredictIt is USA only while Betfair excludes USA.

[praine]

I'll offer Betfair's odds of 1.05.

We will use an escrow, up to .15 BTC of mine up for grabs (which means you can bet up to 3 BTC)!

[Betwrong]

Guys, although I said earlier that Trump's chances were not zero, I would rather discourage you from offering those bets with 1.02 and 1.05 odds. The thing is that if Trump wins, Betfair and PredictIt pay out from the funds collected from Biden bettors, losing nothing themselves and even earning something with the house edge, while you are risking to lose your own money.

[Timelord2067]

Georgia has reaffirmed it's tally with Biden winning the State after a recount.  I've heard certifiers are being pressured into changing their affidavits but are resisting the attempted Coup that's trying to undermine the democratic process.

All betting should have ceased by now.  If you're still placing wagers, there's going to be tears down the path.

Bring on the 9^th of January.  (then the 20^th)

[santiPOGI]

Guys, although I said earlier that Trump's chances were not zero, I would rather discourage you from offering those bets with 1.02 and 1.05 odds. The thing is that if Trump wins, Betfair and PredictIt pay out from the funds collected from Biden bettors, losing nothing themselves and even earning something with the house edge, while you are risking to lose your own money.

Was this 1.02 and 1.05 betting is effective when I play in the games? Because, these recently I played most often in the gambling
games, I just bet on which I think is enough or correct to make me win for every bet round. But just like what everybody saying about it gambling losing is most often happen rather than winning.

[praine]

Guys, although I said earlier that Trump's chances were not zero, I would rather discourage you from offering those bets with 1.02 and 1.05 odds. The thing is that if Trump wins, Betfair and PredictIt pay out from the funds collected from Biden bettors, losing nothing themselves and even earning something with the house edge, while you are risking to lose your own money.

Yes, it's always profitable to be the house, but these are exchanges in which case the layers/backers are risking their money.

Same situation here. I'm laying Biden at 1.05 (Even though the Betfair bid dropped down to 1.04, and that's where it's currently at). The only tears I'll be experiencing is if
Trump somehow wins, so I have my personal reasons for laying.

[Flagship11]

Are there any bitcoin sites still taking wagers on this?

[Lucasgabd]

Are there any bitcoin sites still taking wagers on this?

Yes, FTX.com has a contract for TRUMP making a come back until February 1st.

I wrote about it here:

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https://ftx.com/trade/TRUMPGO/USD
https://ftx.com/trade/TRUMPSTAY/USD

they called it TRUMPSTAY and TRUMPGO, they're open for trading now and like before it'll expire to 0 or 1 USD according to the results.

take into account that FTX is not open for US residents, but if you're using less than 2 BTC you can probably just use a VPN.

[Captain Corporate]

 I personally hate trump myself but I also understand the fact that some places may not want to pay up until the results are official and paper inked so that there is no other potential move by trump. We all know trump will try to do whatever he can to forcefully take it. If given option to just take it illegally and do a military coup over Biden and just say "I am not leaving, nobody can do anything about it, don't care about election results I just took over" he would have done it very easily, without a doubt. Dude doesn't care about democracy or anything, he just cares about what is his and if he can become a dictator ruling thanks to military he would have done that. Thank god USA is a lot more developed than that to allow him do that so he will be kicked out when the time comes and all sportsbooks will be forced to pay up.

[RealMalatesta]

Even if you can wager on Biden at 1.02 that is 2% that is GUARANTEED to profit you and there is no way that you can lose that. I think people should stop with the "maybe trump will make a comeback" type of talks already, it is not only looking very silly when people say that while all the official results and counts shows that Biden won and even recounts show that and even courts reject all cases and basically there is not a single proof of Trump having even a slight chance.

However when people do try to say these things, they are not only hoping Trump might win, but they are also hurting Biden's presidency as well, and if you are a Trump fan you should know how bad it was for people to attack a president, trump fans should know that better than anyone. Hence why I think we should just let this go.

[Timelord2067]

However when people do try to say these things, they are not only hoping Trump might win, but they are also hurting Biden's presidency as well, and if you are a Trump fan you should know how bad it was for people to attack a president, trump fans should know that better than anyone. Hence why I think we should just let this go.

One by one the Republican delegates are certifying wins for Joe Biden, so the era of Trump is now over.  Anyone taking bets at this point for an election that is over are scamming people.  Anyone placing bets is being scammed.

[gagux123]

Very interesting topic ... really, Biden beat Trump in these elections, I think a lot of people bet on Biden in these elections.

I am not a gambling expert, but I would like to know how the market will behave with Biden's victory !!?!?

[robelneo]

 I personally hate trump myself but I also understand the fact that some places may not want to pay up until the results are official and paper inked so that there is no other potential move by trump. We all know trump will try to do whatever he can to forcefully take it. If given option to just take it illegally and do a military coup over Biden and just say "I am not leaving, nobody can do anything about it, don't care about election results I just took over" he would have done it very easily, without a doubt.

Even the two big social networking sites Twitter and Facebook believe Biden won unanimously in the presidential election, in fact, they are going to handle to the Biden administration the official US presidential account to the Biden administration

Twitter, Facebook will transfer presidential accounts to Joe Biden on Inauguration Day

It's really time for Trump to concede and save the humiliation of getting a kick out

[proTECH77]

Many gambler lose their money on US presidential election bet, which really teach many gambler leason who bet because of the crowd they saw during the campaign, between Donald Trump  and Joe Biden. Many gambler who bet for Trump to win the election for their favour, later lose when the electoral college brought the final result that make Joe Biden pulled 79,703,5480 vote to defeat his incumbent Donald Trump who pulled 73,713,887 vote in the US presidential election that just concluded.

[btc78]

Many gambler lose their money on US presidential election bet, which really teach many gambler leason who bet because of the crowd they saw during the campaign, between Donald Trump  and Joe Biden. Many gambler who bet for Trump to win the election for their favour, later lose when the electoral college brought the final result that make Joe Biden pulled 79,703,5480 vote to defeat his incumbent Donald Trump who pulled 73,713,887 vote in the US presidential election that just concluded.

Most specially the one who Bets $5million in favor of Trump 

Surely he had learn His lesson and may be caution from now on in every gambling that he will be doing.

___________________________________

But like what we must understand,This is gambling and we cannot win over this so expect more losses but at least Fun and Enjoyable.

[bitzizzix]

Many gambler lose their money on US presidential election bet, which really teach many gambler leason who bet because of the crowd they saw during the campaign, between Donald Trump  and Joe Biden. Many gambler who bet for Trump to win the election for their favour, later lose when the electoral college brought the final result that make Joe Biden pulled 79,703,5480 vote to defeat his incumbent Donald Trump who pulled 73,713,887 vote in the US presidential election that just concluded.

Most specially the one who Bets $5million in favor of Trump 

Surely he had learn His lesson and may be caution from now on in every gambling that he will be doing.

___________________________________

But like what we must understand,This is gambling and we cannot win over this so expect more losses but at least Fun and Enjoyable.

It looks like it's not just a lesson but a belief in the stakes and the possibility of idolizing or hoping Trump will win again and become president.
Even though the stakes were high, it didn't seem like he would feel a loss because he had a lot of money and satisfaction even if he lost, and it didn't look like it would happen again.

[malevolent]

Are there any bitcoin sites still taking wagers on this?

Betmoose.com and Fairlay.com are still accepting US presidential election-related bets (buying and selling on both sides).

One by one the Republican delegates are certifying wins for Joe Biden, so the era of Trump is now over.  Anyone taking bets at this point for an election that is over are scamming people.  Anyone placing bets is being scammed.

I have a hard time seeing why that would make one gambler a scammer and another gambler a scammee as it's all public knowledge and it's not like there's any proof of anyone taking bets manipulating the election process.

[Webetcoins]

The thing is, when all of the states finish verifying the results and when the certifying is over there won't be anything done to make Trump do a comeback, he can't make a comeback when the results are officially official(!). Plus the first ones to verify ended up some important swing states Biden won so it is looking clearer and clearer as well. I get that Trump may want to keep yelling wolf but that is not going to really get them any help at all from now on.

The awesome part is, it is republicans who are certifying these results as well, which Trump was hoping that maybe it wouldn't happen, maybe he would convince republicans to not go for it and just convince them to give it to him or pick faithless electors and so forth but it didn't happen, republicans showed spine this time around.