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Author Topic: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden  (Read 2827 times)
k@suy
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November 26, 2020, 12:44:07 PM
 #241

Maybe some big bettors are threatening to sue bookies if they call it for Biden already ? Could happen, when you see the level of delusion among Trump's supporters.

I somehow doubt any bookies paying out for Biden will be threatened with anything given Trump has started the process of the transfer of power as indicated in this article - see also the video at the bottom of the post.

Trump = Chump

agree that it is probably over, once for all, and Trump is out in January
it was an unbelievable story of US elections, and proved that any country under the leader such as Trump can become "third world" country, without any system and democracy, and that could happen as fast as under four years, that was his term

hopefully, people will stay away from politics for some time, and unite under fight over Covid, to decrease their current numbers of infected people

It's my first time to see that the US election has this political mark of discrepancy with the election vote result. I'm not living in any part of America but i am a vivid watcher of US election result started when the time Barak Obam winned and became president and i am amazed how their election voting goes on and i believe that in this kind of country no discrepancies can arise. But what happened this past election was over and i guess Biden was truly winned via votes of people who believes in him. However it is threatening to know what Trump were capable of, hopefully he can accept what has been done and resulted.
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November 26, 2020, 02:58:11 PM
 #242


I found this weird too. It's like they want to give out free money to people. Many books even offered around 1.05-1.1 odds on Biden even after AP called the race in favor of Biden which took me by surprise. Easy money.

They want to take money from people. You had to buy the tokens, then trade them, and of course there is a fee. The house isn't risking anything and isn't giving anything, only raking in money.
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November 26, 2020, 04:59:02 PM
 #243

It's my first time to see that the US election has this political mark of discrepancy with the election vote result. I'm not living in any part of America but i am a vivid watcher of US election result started when the time Barak Obam winned and became president and i am amazed how their election voting goes on and i believe that in this kind of country no discrepancies can arise. But what happened this past election was over and i guess Biden was truly winned via votes of people who believes in him. However it is threatening to know what Trump were capable of, hopefully he can accept what has been done and resulted.

The reason the US President isn't sworn in for two months after the election is to enable any challenges to take their course and then the results are declared, then the Oath of Office takes place.

the 2000 election had one of the most contentious challenges with Former Vice President Al Gore challenging the results in Florida which swung to Presidential Hopeful George Walker Bush (son of former President George Herbert Walker Bush) which gave the Presidency to GW Bush.

Had Al Gore challenged all fifty States' election results, then Al Gore would have won the Presidency.

Check out other challenges that have occurred.

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November 26, 2020, 08:39:18 PM
 #244

It's actualy saddening to see how a huge number of people still voted for trump, it was like these guys had never learned a lesson. All of that aside, this was the first time I enountered this big of a bitcoin bet on a presidential election, not to mention the fact that I was oblivious about its legality. Whatever it is, I hope those who deserve the win got what's going for them and vice versa.

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Betwrong
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November 27, 2020, 10:13:24 AM
 #245



Pretty much!

Btw, malevolent mentioned Fairlay on the previous page and I brought .2 BTC over to the site, so any one is free to take it. It's at 1.04 odds so 1 BTC wins .04 BTC, you just gotta select 'against' Trump.

though the otherside of the bet is losing all your money, right?
even though I believe there's no chance for Trump coming back I'd still not bet 1 btc to get .04 only... and risk losing 1btc (even if I had a full bitcoin lol)

Yet, in sports betting people often place such bets, and they win most of the time, btw, but I'm with you here, the potential reward is too small compared to what you are putting at risk.

In the meanwhile, the 2024 race has started already.


From what I read, many bettors believe that with +700 odds for Trump it's worth a shot.

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November 27, 2020, 10:24:21 AM
Last edit: May 16, 2023, 01:50:38 AM by Timelord2067
 #246

From what I read, many bettors believe that with +700 odds for Trump it's worth a shot.

Donald Trump has had his day, but his daughter might get the media's / voter's attention.  Here's the full list from that website you cite:

https://www.oddschecker.com/us/insight/specials/politics/20201125-2024-us-presidential-election-odds-bettors-backing-donald-trump-to-return-in-2024



No sign of Taylor Swift, or some of the more obvious GOP candidates.  Harris or Biden are definitely in with a chance.  I wonder how much a 0.001 bet costing <$20 now will be worth if the bet paid even in 2024 given BTC hit $19,250 two days ago??

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November 28, 2020, 06:46:32 AM
 #247

Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term!  Grin
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November 28, 2020, 07:32:38 AM
 #248

Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term!  Grin

I would have thought there'd be interest in bets for Mike Pence, but no one seemed willing to take the plunge on that one.

At near 78, Joe Biden is the oldest first term President ever elected, so it's no surprise that people are imagining he will either serve one term, or not see out the term for various reasons thus elevating Kamala Harris to the top job.




Take note the bets are for "elected" the next president, not assume office.  Mike Pence could assume office for a few weeks if Trump walks out once the Electoral College votes are officially counted in a couple of weeks time.

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November 28, 2020, 07:41:32 AM
 #249

Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term!  Grin

I would have thought there'd be interest in bets for Mike Pence, but no one seemed willing to take the plunge on that one.

At near 78, Joe Biden is the oldest first term President ever elected, so it's no surprise that people are imagining he will either serve one term, or not see out the term for various reasons thus elevating Kamala Harris to the top job.




Take note the bets are for "elected" the next president, not assume office.  Mike Pence could assume office for a few weeks if Trump walks out once the Electoral College votes are officially counted in a couple of weeks time.

It's a bit early to predict the future but if Bidens presidency brings positive results, he's most likely to be renominated by the democratic party and win while if it ends badly, Republicans are going to win the presidency, so there's almost  no likely situation for Kamala winning.

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November 28, 2020, 12:47:33 PM
 #250

Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term!  Grin

there's a long time until 2024, really hard to take any conclusion now.
I wouldn't rely that much on betting websites for that, gotta check how big is the sample (number of people giving their opinions)

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November 28, 2020, 12:51:45 PM
 #251

Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term!  Grin

there's a long time until 2024, really hard to take any conclusion now.
I wouldn't rely that much on betting websites for that, gotta check how big is the sample (number of people giving their opinions)

I wouldn't trust that betting odds, that's not even available in bookies yet, so how can we verify that it's really what the bookies are thinking?
As long as people are satisfied with Biden's leadership, he will be the favorites in the betting, unless he will be like Trump.

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November 28, 2020, 02:33:14 PM
 #252

Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term!  Grin

I would have thought there'd be interest in bets for Mike Pence, but no one seemed willing to take the plunge on that one.

At near 78, Joe Biden is the oldest first term President ever elected, so it's no surprise that people are imagining he will either serve one term, or not see out the term for various reasons thus elevating Kamala Harris to the top job.




Take note the bets are for "elected" the next president, not assume office.  Mike Pence could assume office for a few weeks if Trump walks out once the Electoral College votes are officially counted in a couple of weeks time.

It's a bit early to predict the future but if Bidens presidency brings positive results, he's most likely to be renominated by the democratic party and win while if it ends badly, Republicans are going to win the presidency, so there's almost  no likely situation for Kamala winning.

If Biden was in better shape I'd agree but he isn't. I would have voted for him if I had voting rights in the US, don't get me wrong, but he's still a poor choice for president. So there are plenty of scenarios where he isn't a candidate for a second term, I'm pretty sure at some point he was even saying that he wouldn't be a candidate for another term. I could see him resigning after a couple of years, once he has put the country back on the right track, giving Kamala one year to preside, and one year to campaign.
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November 28, 2020, 05:20:01 PM
 #253

It's a bit early to predict the future but if Bidens presidency brings positive results, he's most likely to be renominated by the democratic party and win while if it ends badly, Republicans are going to win the presidency, so there's almost  no likely situation for Kamala winning.

If Biden was in better shape I'd agree but he isn't. I would have voted for him if I had voting rights in the US, don't get me wrong, but he's still a poor choice for president. So there are plenty of scenarios where he isn't a candidate for a second term, I'm pretty sure at some point he was even saying that he wouldn't be a candidate for another term. I could see him resigning after a couple of years, once he has put the country back on the right track, giving Kamala one year to preside, and one year to campaign.
[/quote]

Biden's 80th birthday is in just on two years' time - were he to resign at that time it would give Kamala Harris two years as President to establish herself in the minds of the public as a viable President and she could still run for two terms (enabling her to serve as President for ten years - in much the same way Mackenzie Allen once did  Cool )

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November 29, 2020, 01:13:07 PM
 #254

Donald Trump has had his day, but his daughter might get the media's / voter's attention.  Here's the full list from that website you cite:

https://www.oddschecker.com/us/insight/specials/politics/20201125-2024-us-presidential-election-odds-bettors-backing-donald-trump-to-return-in-2024

No sign of Taylor Swift, or some of the more obvious GOP candidates.  Harris or Biden are definitely in with a chance.  I wonder how much a 0.001 bet costing <$20 now will be worth if the bet paid even in 2024 given BTC hit $19,250 two days ago??

Trump is a successful businessman and that was one of the advantages for him, when he started campaigning in 2016. But I don't understand why Ivanka Trump is being considered as a serious candidate. She hasn't achieved anything noticeable so far, either in business or in politics. We don't even know about her political views on various topics. Just because someone is good looking, that doesn't mean that he or she would automatically qualify for the candidature in 2024.

Anyway, 2024 is still four years away. Making a bet now is extremely risky. Because a lot can change during four years.
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November 29, 2020, 05:20:52 PM
 #255

That list doesn't make sense at all to me, it is a joke at this point and not a funny one neither. Think about it, they have listed Ted Cruz, the guy that was leading the GOP race before Trump won, basically second highest level nominee for RNC at 2%, they have put Pete Buttigieg a guy that was probably third at DNC nomination at 2.9%, and above them there is Dwayne Johnson at 3.8%.

All of that aside, they have put Ivanka Trump, a person whose only qualification for such a job would be the daughter of past president and nothing more, to actually be as valid candidate as third biggest candidate in DNC? On top of that, there is zero Bernie Sanders anywhere, I know he would be old at 2024 but so will biden and trump would be as well, so I think it is not really a list you should care about.

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November 30, 2020, 03:16:16 AM
 #256

That list doesn't make sense at all to me, it is a joke at this point and not a funny one neither. Think about it, they have listed Ted Cruz, the guy that was leading the GOP race before Trump won, basically second highest level nominee for RNC at 2%, they have put Pete Buttigieg a guy that was probably third at DNC nomination at 2.9%, and above them there is Dwayne Johnson at 3.8%.

All of that aside, they have put Ivanka Trump, a person whose only qualification for such a job would be the daughter of past president and nothing more, to actually be as valid candidate as third biggest candidate in DNC? On top of that, there is zero Bernie Sanders anywhere, I know he would be old at 2024 but so will biden and trump would be as well, so I think it is not really a list you should care about.

I am not sure about Bernie Sanders. After two consecutive failures to secure the Democrat nomination, I don't think that he will run again in 2024. He will be 83 years in 2024, and if he is elected, he will be 87 years old when his term ends. I am not denying the fact that both Trump and Biden are also in their 70s. But Trump is 74 now, and I think he could have served one more term without much issues. But once you cross the 80 year line, then you are stepping in to uncharted territory (that's why I think Biden will retire before his term ends).

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November 30, 2020, 10:39:42 AM
 #257

<...>
<..>

Anyway, 2024 is still four years away. Making a bet now is extremely risky. Because a lot can change during four years.

another thing to take into account is: why would somebody want to lock their funds for 4 years in a bet?
I mean, the outcomes can be attractive but still to long to keep the money locked in a play that can be changed for so many real life reasons (president die or is murdered, new candidates appears, scandals arise, etc, etc, etc...)


plus: hope Andrew Yang comesback stronger on next elections.

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December 01, 2020, 12:35:12 PM
 #258

From what I read, many bettors believe that with +700 odds for Trump it's worth a shot.

Donald Trump has had his day, but his daughter might get the media's / voter's attention.  Here's the full list from that website you cite:

https://www.oddschecker.com/us/insight/specials/politics/20201125-2024-us-presidential-election-odds-bettors-backing-donald-trump-to-return-in-2024



No sign of Taylor Swift, or some of the more obvious GOP candidates.  Harris or Biden are definitely in with a chance. ~

Putting Ivanka Trump at the same odds as for Michelle Obama looks like a joke to me. I mean, Michelle Obama has really some chances of becoming the next president, while Ivanka has none. The only explanation for me is Ivanka's admirers placing those bets just to see her in that list.



I the meantime, most bookies have settled the bets with Biden as the winner. When do you think it will be finally settled on all betting platforms?

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December 02, 2020, 03:03:04 AM
 #259

I the meantime, most bookies have settled the bets with Biden as the winner. When do you think it will be finally settled on all betting platforms?

Betfair said they are anticipating to resolve on Dec. 14 after the electors cast their votes (and I assume a few other bookies will follow this example), but some will run all the way until January 6th when the electoral vote results are announced.
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December 02, 2020, 03:47:40 AM
 #260

Putting Ivanka Trump at the same odds as for Michelle Obama looks like a joke to me. I mean, Michelle Obama has really some chances of becoming the next president, while Ivanka has none. The only explanation for me is Ivanka's admirers placing those bets just to see her in that list.

Both Michelle and Ivanka have zero chances for 2024. In all probability, the Democratic nominee for 2024 would be Kamala Harris (if she doesn't become the president before 2024). Right now it is difficult to predict who will be the Republican nominee, but I don't think that someone like Ivanka who has achieved very little so far has any serious chances.
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