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Author Topic: Sportsbooks that aren’t paying out on Biden winning the US Presidential Election  (Read 2575 times)
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November 13, 2020, 03:13:03 PM
Merited by LFC_Bitcoin (1)
 #41

I'm not from the States but according to what it's slowly coming out this has been the most embarrassing US Election in history, even worse than Gore v. Bush 2000. I knew this could have been a contested election and I decided consciously not to bet on this event.
Not the Media but the people should elect the President. Even if Biden won correctly, Media attitude towards Donald Trump, being the US President, was and still is disgusting.
Do not try to explain to why 2000 and today is different to a Trump fan, they will first try to take you down to their level and they will beat you with their experience at low levels. Nobody in the right mindset could ever argue a logical path that could see Trump win, if you asked even the most veteran political science professor if they could find any logical way Trump could win, they couldn't tell you any.

There is no recount that closes that much difference and there is not enough voter fraud and certainly there is zero election fraud. However let the sportsbooks be, they can pay up now or they can pay up by January/February, as long as you wagered on Biden and you know you won, you could totally just move on with your life and get paid later on when the time comes.

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November 13, 2020, 05:38:03 PM
Merited by GamblingSiteFinder (4)
 #42

Orbit (and thus Betfair Exchange, except Orbit isn't region blocked) currently has Biden at 1.10 and Trump at 10.5 to be the next president. PredictIt is also showing similar numbers. Prediction markets are generally considered sharp.

It's great to see sites like Sportsbet.io and Stake payout early (essentially as a promotion, since there's a non zero chance that Biden doesn't end up being president), but I personally wouldn't fault other sportsbooks for not paying out. It might seem like a clear victory for Biden if you look at mainstream media, but there's clearly a number of factors that somehow give Trump a 10% chance of winning.

i'm pretty sure it's just staunch trump supporters with their heads in the sand who keep betting his odds up. there's no way trump's true chances are close to 10%. the odds of having the results overturned in multiple states (whether by recount or supreme court decision) based on past elections is way under 1%. it's completely unprecedented and there's been no evidence of foul play---just baseless rumors from the usual suspects.

i'm surprised some sites paid out as early as they did. as unlikely as i personally view a trump victory, they would be in a very, very deep hole if they paid out biden bets and then the results were overturned. i think it's fair to wait for certified election results in any close election.

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November 13, 2020, 08:14:50 PM
Merited by suchmoon (4), LFC_Bitcoin (1)
 #43

I placed a bet with sportsbet.io on Biden to win the election. They have paid me out my winnings.
I had one on Biden and it was settled too. I also had some small bets on states like Georgia where the counting is going to be done again so those bets are rightly pending on sportsbet.io and I don't care much and don't even check them now as they are small amounts and I made those for fun.

It’s good to know in advance of the next elections which bookies pay up fast and which don’t.
That is so true and now we know where to bet because from what I have seen and heard, stake and sportsbet.io have been really nice and stake even took a step forward and they haven't settled Trump bets as lost yet in case he somehow comes out victorious.

I have some sympathy with other bookies though because the elections are so confusing this time and not every sportsbook can take the loss, which for example stake might have to face in case Trumps comes out as winner at the end.

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November 13, 2020, 10:08:13 PM
Merited by DarkStar_ (10), Stunna (2), Symmetrick (2)
 #44

Some of the comments I'm reading in this thread are truly shocking.

According to various reports, there was more money wagered on this election than the past two Super Bowls combined! Can you imagine if sportsbooks paid out Falcons bettors during Super Bowl LI because they were 99.8% likely to win after going up 28-3 against the Patriots?

The small number of sportsbooks that graded 2020 Election bets early are taking MASSIVE, unnecessary risks by paying out before the results are actually official. I'd hate to be in their shoes if this election miraculously flipped in favor of Trump.




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November 13, 2020, 10:16:32 PM
 #45

It is not right to annouce the winner at this time. We need to follow the rules so as to point out the right winner. Media and news are not the one to say who will be the next US president. There is nothing need to be worried. They will soon proceed your bet once the official president is selected.

Currently Trump is making many sues and lawsuits against all states which Biden wins. Remember 2000? Gore was claimed to be the next president, but it turned out to be that Bush was actually the winner. Too many drama

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November 14, 2020, 10:25:18 AM
 #46

It is not right to annouce the winner at this time. We need to follow the rules so as to point out the right winner. Media and news are not the one to say who will be the next US president. There is nothing need to be worried. They will soon proceed your bet once the official president is selected.

Currently Trump is making many sues and lawsuits against all states which Biden wins. Remember 2000? Gore was claimed to be the next president, but it turned out to be that Bush was actually the winner. Too many drama

Backers for Biden are not worry that their bet would lose, what they are worried now is their winning is taking to long to be claim. We can understand as there are big bets on this politics betting, so if you are in the position, you will certainly get disappointed but like I said, not worried you'll lose.

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November 14, 2020, 11:10:11 AM
 #47

Although Biden apparently won, Trump has not yet accepted this result.
While 270 electoral votes ensure the victory, Trump is still skeptical of Biden, despite winning 290 electoral votes.
I don't think Trump will ever accept this result in the future. The whole world cannot be paused for Trump's behavior like this.

It deserves praise that sportsbet.io paid out their users as quickly as possible. Other betting sites should also pay their users win quickly, without making panic.

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November 14, 2020, 12:14:26 PM
 #48

Although Biden apparently won, Trump has not yet accepted this result.
While 270 electoral votes ensure the victory, Trump is still skeptical of Biden, despite winning 290 electoral votes.
I don't think Trump will ever accept this result in the future. The whole world cannot be paused for Trump's behavior like this.

It deserves praise that sportsbet.io paid out their users as quickly as possible. Other betting sites should also pay their users win quickly, without making panic.

If people dont know what they are betting on, then they probably should not be betting on it!
Media and Websites dont announce presidents. It happens when the electoral College states that Biden has won.
So if the money is tied up until then, oh well, Rules are Rules.
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November 14, 2020, 02:20:45 PM
 #49

Obviously Trump fans are not known for their common sense, these are the same people who have came up with an idea that there was a pizza place where all the world leaders had a pedo ring at the basement of that pizza joint. When you can convince people to stuff like that, you surely could convince them that there was election fraud.

What did the world expected Trump to do? Just say "Oh Biden won and I congratulate him and on his future presidency, I hope he does what is best for our Nation and I will be here to support him whenever he needs help", that is what John Mccain a great Republican did when he lost, he didn't whined or yelled fire, he congratulated Obama and moved on, that is not who Trump is and that is not who Trump supporters are. Most probably they will yell fraud because they can't accept the fact that they were not wanted and lost.

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November 14, 2020, 02:40:23 PM
 #50

Obviously Trump fans are not known for their common sense, these are the same people who have came up with an idea that there was a pizza place where all the world leaders had a pedo ring at the basement of that pizza joint. When you can convince people to stuff like that, you surely could convince them that there was election fraud.

What did the world expected Trump to do? Just say "Oh Biden won and I congratulate him and on his future presidency, I hope he does what is best for our Nation and I will be here to support him whenever he needs help", that is what John Mccain a great Republican did when he lost, he didn't whined or yelled fire, he congratulated Obama and moved on, that is not who Trump is and that is not who Trump supporters are. Most probably they will yell fraud because they can't accept the fact that they were not wanted and lost.

Oh is that what the Democrats did when Hillary lost? Is that what they did? Even if you dont like Trump you should still show some respect for the president...
Oh no, they started this campaign that Russia was involved and did everything to prevent him from becoming President, is that the Democrats youre taking about?

If you believe there isnt a Pedo Ring, then you probably believe in Santa also...
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November 14, 2020, 03:01:21 PM
 #51

Books like Sportsbet, Stake etc proved themselves as reliable books by paying out Biden bets on time. Other books are pointlessly wasting time waiting for court results etc.

So many delusional Trump supporters in this thread. Wake up already. The majority don't really care whether Trump or his supporters accept the result or not. Your stupid leader himself admitted that there is a chance there will be a new administration in place in the near future.

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November 14, 2020, 03:09:30 PM
 #52

Books like Sportsbet, Stake etc proved themselves as reliable books by paying out Biden bets on time. Other books are pointlessly wasting time waiting for court results etc.

So many delusional Trump supporters in this thread. Wake up already. The majority don't really care whether Trump or his supporters accept the result or not. Your stupid leader himself admitted that there is a chance there will be a new administration in place in the near future.

So obv. another one of them people that thinks the associated press calls the winner of the election?
Yeah, sorry to disappoint, thats not how it works...
Calling other people stupid but doesnt know how the US election works... k.
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November 15, 2020, 06:22:21 PM
 #53

Obviously Trump fans are not known for their common sense, these are the same people who have came up with an idea that there was a pizza place where all the world leaders had a pedo ring at the basement of that pizza joint. When you can convince people to stuff like that, you surely could convince them that there was election fraud.

What did the world expected Trump to do? Just say "Oh Biden won and I congratulate him and on his future presidency, I hope he does what is best for our Nation and I will be here to support him whenever he needs help", that is what John Mccain a great Republican did when he lost, he didn't whined or yelled fire, he congratulated Obama and moved on, that is not who Trump is and that is not who Trump supporters are. Most probably they will yell fraud because they can't accept the fact that they were not wanted and lost.

Oh is that what the Democrats did when Hillary lost? Is that what they did? Even if you dont like Trump you should still show some respect for the president...
Oh no, they started this campaign that Russia was involved and did everything to prevent him from becoming President, is that the Democrats youre taking about?

If you believe there isnt a Pedo Ring, then you probably believe in Santa also...
If you really want to die on this hill it is your own death we do not really care, do whatever you want to do and nothing will change, you will only get your own feelings hurt and nobody else would ever be effected by it. However realize the fact that there is ZERO proof of election fraud, Trump campaign has been trying to find one for 12 days now and they haven't found a single shred of evidence for election fraud, not a single one.

So when the proof is there, election officials gave the official results from their own states, and when Trump couldn't find a single reason why it could be fraud, there is really no point of keep saying "media can't declare it" because it is not media, it is where media gets it from and they get it from literally public officials that declares the winner, the ones that literally says the last word in these situations. Try to feel a bit more at peace with the fact that Biden will be USA Potus for 4 years, and there is nothing anyone can do about it.

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November 15, 2020, 10:30:39 PM
 #54

The only reason Trump is president is because he was a television personality. So him attacking the media is very rich indeed.

Biden was favored to win in all betting I could see, so paying out the bets on Biden should be less expensive than if Trump had won.

Companies that already paid out either have rules about this that they followed, or decided to take the risk because they have strong finances so they can afford it. That's something to keep in mind.

xxjumperxx : Clinton conceded to Trump less than 24 hours after the election. Yes she complained about Russia's interference, and rightly so, but never claimed Trump didn't get the votes. Trump got the votes, she conceded, and that was it. Biden now has more votes, by a wider margin that Trump ever did, yet Trump isn't conceding. Tells you everything you need to know about Trump.
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November 16, 2020, 10:04:41 AM
 #55

It looks like the US have a final decision already but Trump still can't accept it. Does the casinos already paid for the election betting?
I've seen that some are still not paying their players.

ya.ya.yo!

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November 20, 2020, 10:24:36 PM
 #56

I placed a bet with sportsbet.io on Biden to win the election. They have paid me out my winnings.

A few people I know made the same bet with Nitrogen Sports & another guy with betBTC & they’re all worried that I’ve been paid out but Nitrogen & betBTC are stalling.

Is anybody else experiencing the above issue? Clearly Biden is the new POTUS yet Nitrogen & betBTC are stalling.

Every single news outlet is reporting that Biden is the winner and I’ve seen his speech.  
My guess is that any sportsbook refusing to pay out on Biden is desperately hoping for some nonsense court case which has a close to zero chance of happening.

If anyone wants to contribute about being paid/not being paid, I encouarage you to post in this thread. It’d be really good to make the community aware of any difficulties anybody is having with certain sportsbooks.

It’s good to know in advance of the next elections which bookies pay up fast and which don’t.

Thanks guys.
Freebitcoin has still not paid the bet (still in "pending" status) but I'm in no hurry, I think it's even more professional to wait an official announcement. There will be one in few weeks now AFAIK

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November 20, 2020, 10:57:27 PM
 #57

Apparently Trump must accept defeat, his speech no longer seems so radical, however some casinos are careful to give the final verdict. It is that the impact of distributing the winnings to the possible winners without the official result is very risky. In some newscasts I have seen that until December 14 they will have total security of the winner.

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November 20, 2020, 10:59:57 PM
 #58

Well, when I read this thread --all gambling sites booker that did, perhaps because she punched me,  pay yet but we don't have the official announcement needs to wait for it the announcement. Perhaps the reason is they need to confirm first keep sending bitcoin address and location. I never experience here problem like this but I think the only way for this topic to get solve is to contact their support and ask regarding your concern.









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November 20, 2020, 11:22:42 PM
 #59

Some of the comments I'm reading in this thread are truly shocking.

According to various reports, there was more money wagered on this election than the past two Super Bowls combined! Can you imagine if sportsbooks paid out Falcons bettors during Super Bowl LI because they were 99.8% likely to win after going up 28-3 against the Patriots?

The small number of sportsbooks that graded 2020 Election bets early are taking MASSIVE, unnecessary risks by paying out before the results are actually official. I'd hate to be in their shoes if this election miraculously flipped in favor of Trump.


Chances?

https://www.theguardian.com/us-news/ng-interactive/2020/nov/20/us-election-results-2020-joe-biden-defeats-donald-trump-to-win-presidency
https://edition.cnn.com/politics/live-news/biden-trump-us-election-news-11-20-20/h_0ee32947ed392bc91b2af5495bddac2a

Its been declared and with that Georgia recount.

R


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November 20, 2020, 11:24:54 PM
 #60

Apparently Trump must accept defeat, his speech no longer seems so radical, however some casinos are careful to give the final verdict. It is that the impact of distributing the winnings to the possible winners without the official result is very risky. In some newscasts I have seen that until December 14 they will have total security of the winner.
Bettors definitely know that, but it's just annoying that they'll have to wait that long, I think this experience might affect their decision by next election betting and that would result to reduce of bets from politics bettors. Hopefully after that given period of time, everything will be settled and those sportsbook who had settled the bets earlier will not have a problem when we will get the final announcement next month.

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