US Presidential Election 2020 and its impact on gambling

[wxa7115]

I would say that this election was very significant for the gamblers. It once again proved that when it comes to predicting the outcome of the elections, gamblers are more accurate when compared to the opinion polls. Gambling sites have a high probability of win for Trump, and it was justified by the close results. On the other hand, opinion polls were predicting blowout for Biden and they have lost their credibility.

This is a very interesting take and I think you could be on something, after all you just have to follow the money, people can say whatever they want which is why you got such huge numbers for Biden but once money was on the table and people needed to make a decision Trump got a lot more support and we saw this on the election day.

Also I find interesting the reaction of the markets, they went up during the whole process before Biden was declared a winner as if they did not care the controversy that was coming, so it seems they are comfortable which whichever ended up becoming the president of the US.

[1715583936]

1715583936

[1715583936]

1715583936

[1715583936]

1715583936

[1715583936]

1715583936

[ecnalubma]

I don’t see an impact in the gambling industry in the US election. The only affected at the moment are those who bet who might win between Trump and Biden, as Trump is eager to do investigations and not ready to concede and step down. On the other hand world leaders already recognised the victory of Biden over Trump, goodluck to the United States with their new leader.

[Natsuu]

Joe Biden may look favorite to win this election but still there is no official announcement of the results.

Joe Biden is only narrowly ahead of Donald Trump and Trump may not accept the results.

The subject and the very post doesn't seem to coincide with one another. The only impact of US presidential Election with relations to gambling is the bets on who will win the election. But there is no impact on gambling in general.

I'm expecting that there is propaganda by Biden/harris that greatly affect the gambling industry.

[Mahanton]

I would say that this election was very significant for the gamblers. It once again proved that when it comes to predicting the outcome of the elections, gamblers are more accurate when compared to the opinion polls. Gambling sites have a high probability of win for Trump, and it was justified by the close results. On the other hand, opinion polls were predicting blowout for Biden and they have lost their credibility.

This is a very interesting take and I think you could be on something, after all you just have to follow the money, people can say whatever they want which is why you got such huge numbers for Biden but once money was on the table and people needed to make a decision Trump got a lot more support and we saw this on the election day.

Also I find interesting the reaction of the markets, they went up during the whole process before Biden was declared a winner as if they did not care the controversy that was coming, so it seems they are comfortable which whichever ended up becoming the president of the US.

As if they would able to counter it if they dont like Biden to be the president? Of course there would be oppositions but theres nothing they can do yet the
results where finalized.There are lots of issues now that those werent precise results but i doubt that it wont really give out any further recounting or somewhat.

For the talks about impact on gambling then i dont see about the relevance of it yet events would really have its favorites and less ones.Lucky for those who took
risk for Biden to win.

[bryant.coleman]

As if they would able to counter it if they dont like Biden to be the president? Of course there would be oppositions but theres nothing they can do yet the
results where finalized.There are lots of issues now that those werent precise results but i doubt that it wont really give out any further recounting or somewhat.

For the talks about impact on gambling then i dont see about the relevance of it yet events would really have its favorites and less ones.Lucky for those who took
risk for Biden to win.

I guess you may need to wait for many weeks before the results are finalized. The Trump campaign has filed lawsuits in a number of states and they have come up with substantial evidence on vote rigging and other malpractices. Until these lawsuits are settled, I don't think that the gambling sites will process the winnings for the gamblers. So it is going to be a long wait, for those who won the bet.

[barbara44]

As if they would able to counter it if they dont like Biden to be the president? Of course there would be oppositions but theres nothing they can do yet the
results where finalized.There are lots of issues now that those werent precise results but i doubt that it wont really give out any further recounting or somewhat.

For the talks about impact on gambling then i dont see about the relevance of it yet events would really have its favorites and less ones.Lucky for those who took
risk for Biden to win.

I guess you may need to wait for many weeks before the results are finalized. The Trump campaign has filed lawsuits in a number of states and they have come up with substantial evidence on vote rigging and other malpractices. Until these lawsuits are settled, I don't think that the gambling sites will process the winnings for the gamblers. So it is going to be a long wait, for those who won the bet.

People who have bets on trump are loving all this drama and supporting his stupid acts in hope of winning their bets somehow and some are even trying to get the bet voided citing the reason that the votes might be casted again.

It was suspicious when during counting was going on, Trump said about voter fraud despite saying that he won the elections because it was confusing at one side he says we already won and on the same time he says there is a voter fraud and we will go to court.

I believe trump knew he was going to lose and was well prepared to counter attack and do everything to prove election fraud actually happened and his supporters are just as dumb as him.

[johhnyUA]

As if they would able to counter it if they dont like Biden to be the president? Of course there would be oppositions but theres nothing they can do yet the
results where finalized.There are lots of issues now that those werent precise results but i doubt that it wont really give out any further recounting or somewhat.

For the talks about impact on gambling then i dont see about the relevance of it yet events would really have its favorites and less ones.Lucky for those who took
risk for Biden to win.

I guess you may need to wait for many weeks before the results are finalized. The Trump campaign has filed lawsuits in a number of states and they have come up with substantial evidence on vote rigging and other malpractices. Until these lawsuits are settled, I don't think that the gambling sites will process the winnings for the gamblers. So it is going to be a long wait, for those who won the bet.

I doubt that something will change. At least my bet was already taken away by book. So this doesn't matter will Trump win in court or not, books will not give lost money to people (this would be to hard to do)

[qory]

You could also check out what Biden's plans are regarding the legalization of online gambling, as now in many places / states in the states it is illegal to gamble online anywhere. That would be something if Biden wants to change that and I wonder if he gets a lot of support or a lot of counterparts.

[Sanitough]

You could also check out what Biden's plans are regarding the legalization of online gambling, as now in many places / states in the states it is illegal to gamble online anywhere. That would be something if Biden wants to change that and I wonder if he gets a lot of support or a lot of counterparts.

Legalizing gambling is not a hard decision to make, the word "legal" gives them the control of the casinos, so we will likely to see more of casinos to be legalized, however, what I want to see is how Biden would react on casinos adding bitcoin as their payment options and crypto casinos operating in his country, it would be big if Biden has positive reaction to that.

[wiss19]

I don’t see an impact in the gambling industry in the US election. The only affected at the moment are those who bet who might win between Trump and Biden, as Trump is eager to do investigations and not ready to concede and step down. On the other hand world leaders already recognised the victory of Biden over Trump, goodluck to the United States with their new leader.

He has forced manual recount of votes in some states as I heard some news regarding that in states like Georgia the counting of the votes will be done manually. I do not understand why Trump cannot accept his defeat gracefully and at least save the image that is being created right now in other countries as comical. Everyone is laughing at US and their system right now.

People who had bets on this election will finally get all their bets settled by January 20 as I was reading some article that on 20th Jan the new president takes the chair from the previous one so not much of an issue for bettors apart from the painful wait.

[Botnake]

I don’t see an impact in the gambling industry in the US election. The only affected at the moment are those who bet who might win between Trump and Biden, as Trump is eager to do investigations and not ready to concede and step down. On the other hand world leaders already recognised the victory of Biden over Trump, goodluck to the United States with their new leader.

He has forced manual recount of votes in some states as I heard some news regarding that in states like Georgia the counting of the votes will be done manually. I do not understand why Trump cannot accept his defeat gracefully and at least save the image that is being created right now in other countries as comical. Everyone is laughing at US and their system right now.

People who had bets on this election will finally get all their bets settled by January 20 as I was reading some article that on 20th Jan the new president takes the chair from the previous one so not much of an issue for bettors apart from the painful wait.

Some other sites are paying out already, what would be the scenario if Trump would be declared as the winner and there was a fraud happening?
Trump can't just give way to Biden, he is in the position and he has every reason to ask for a recount and if the court would approve that, then it will happen. But January 20, that's next year more than 2 months for now, that's a long wait for the winners. 

[JohnBitCo]

You could also check out what Biden's plans are regarding the legalization of online gambling, as now in many places / states in the states it is illegal to gamble online anywhere. That would be something if Biden wants to change that and I wonder if he gets a lot of support or a lot of counterparts.

Legalizing gambling is not a hard decision to make, the word "legal" gives them the control of the casinos, so we will likely to see more of casinos to be legalized, however, what I want to see is how Biden would react on casinos adding bitcoin as their payment options and crypto casinos operating in his country, it would be big if Biden has positive reaction to that.

I don't think if Biden will be thinking about legalizing gambling or bring reforms to the gambling industry. This is not the preference for sure at the present moment. Forming a government and managing / taking over other administrative tasks are more important for the president of the USA, then to think about the gambling industry.

[Natalim]

You could also check out what Biden's plans are regarding the legalization of online gambling, as now in many places / states in the states it is illegal to gamble online anywhere. That would be something if Biden wants to change that and I wonder if he gets a lot of support or a lot of counterparts.

Legalizing gambling is not a hard decision to make, the word "legal" gives them the control of the casinos, so we will likely to see more of casinos to be legalized, however, what I want to see is how Biden would react on casinos adding bitcoin as their payment options and crypto casinos operating in his country, it would be big if Biden has positive reaction to that.

I don't think if Biden will be thinking about legalizing gambling or bring reforms to the gambling industry. This is not the preference for sure at the present moment. Forming a government and managing / taking over other administrative tasks are more important for the president of the USA, then to think about the gambling industry.

Gambling is not a highlight for a candidate to prioritize, but we will know more about that if Biden will officially be declared as a winner, right now, Trump are still in protest so even if we Biden is likely the winner, but we can't be too overconfident while waiting for the official announcement. 

[fullhdpixel]

When there are sooooo many problems in USA because of Trump, I doubt that having casinos everywhere would be the first thing Biden would worry about. For the first 2 years of his presidency Biden will probably try to just fix what Trump has broken, it would take at least 6 months for Biden to just stop the bleeding let alone fix the wound, so I do not expect him to do anything new at all and would probably just focus on putting the nation back on the right track.

Believe me I know that Biden is not the perfect candidate to do it, I would prefer someone else as well but Trump was SO bad that even Biden looks like a great president when compared to Trump, hell I would let that octopus that decides on world cup games pick legislation and rule the nation over Trump so it isn't really a high bar to pass for Biden.

[ReiMomo]

Since Biden won this election, we know that there are too many eyes of people observing and waiting the Biden's implementation and action of what first he is going to do. I guess crypto and gambling are not his priority on this, after all, there could be an impact on the bitcoin price in the market but for sure later on, as we will notice that we have a massive price increase after the election.

Gambling sites are continuously looking for people to deposit, that's why we always ready first the TOS.

[Shasha80]

Even though Joe Biden has now been confirmed to win the US president election 2020, I believe it will not have an effect on the world of gambling.
Because for Joe Biden casinos are not the main priority that must be changed, so it's possible that nothing will change regarding gambling-related
policies. So for gamblers who are in America can still play gambling as usual, because indeed US president election 2020 did not have any effect
on gambling.

[Maslate]

Since Biden won this election, we know that there are too many eyes of people observing and waiting the Biden's implementation and action of what first he is going to do. I guess crypto and gambling are not his priority on this, after all, there could be an impact on the bitcoin price in the market but for sure later on, as we will notice that we have a massive price increase after the election.

Gambling sites are continuously looking for people to deposit, that's why we always ready first the TOS.

I'm not even thinking about crypto casinos to be widespread when Biden sits.

USA is dealing with a lot more serious problem now, I believe they will start resolving that first, their relationship to countries and their economic ties, then slowly, we might see him seeing how valuable and helpful crypto in the world, well, that's what I'm hoping as I don't really know his take on crypto casinos.

[johhnyUA]

The short answer is: There is no any impact on gambling from USA election.

Topic can be closed for honest. This is the same as discuss how tornado in Alabama will impact the future of Britney Spears career or something like that  

The only moment which can really impact is the scenario when book will pay to the winners and court decide that the winner is not Biden but Trump. Yeah, then it will be fun enough to watch. But the impact will still minimal in term "gambling"

[aesma]

The short answer is: There is no any impact on gambling from USA election.

Well I disagree. The GOP and Trump are against regulations, even obviously good ones, for example Trump signed orders allowing companies to dump toxic waste in rivers, like in a third world country.

The Dems are much more in favor of regulations. So if the online gambling industry is in the crosshairs of the administration for things like lax KYC, tax evasion, money laundering, then I'd expect a Biden administration to clamp down on these.

[fortunecrypto]

The short answer is: There is no any impact on gambling from USA election.

Well I disagree. The GOP and Trump are against regulations, even obviously good ones, for example Trump signed orders allowing companies to dump toxic waste in rivers, like in a third world country.

The Dems are much more in favor of regulations. So if the online gambling industry is in the crosshairs of the administration for things like lax KYC, tax evasion, money laundering, then I'd expect a Biden administration to clamp down on these.

I agree with Johnny there is no impact because majority of the gambling sites are not accepting US citizens to play in their platform, they cannot clampdown on something that they have no jurisdiction or do not accept any of their citizen, the US elections has been trying to connect the price in the market and now the gambling as if the US has impact to the world on what's happening in their internal affairs.