Sportsbooks that aren’t paying out on Biden winning the US Presidential Election

[Haunebu]

there are still multiple ongoing recounts and not all lawsuits have been thrown out.

i agree it's extremely unlikely, but if it's literally impossible, you should place a bet on biden at 1.07 right now. why are you complaining here instead of grabbing all that free money?

I guess you are one of the very few minority who actually believes that Trump still has a chance. This isn't Gore vs Bush. He doesn't have any chance plain and simple.

Also, I don't have a huge bankroll to take advantage of the current Biden odds even though it's free money which is why investing now is pointless for me.

Would that mean you can still bet on that odds now? I guess they are giving free money here... I never gamble in the site yet so I'm unfamiliar with it, but on a regular sportsbook, crypto sportsbook to specific, odds are not anymore available.

You can obviously bet on those odds which is why it is free money. Take advantage of it if you have a huge bankroll and if you are willing to take a slight risk.

[1715222917]

1715222917

[Oilacris]

there are still multiple ongoing recounts and not all lawsuits have been thrown out.

i agree it's extremely unlikely, but if it's literally impossible, you should place a bet on biden at 1.07 right now. why are you complaining here instead of grabbing all that free money?

I guess you are one of the very few minority who actually believes that Trump still has a chance. This isn't Gore vs Bush. He doesn't have any chance plain and simple.

Also, I don't have a huge bankroll to take advantage of the current Biden odds even though it's free money which is why investing now is pointless for me.

Well, we do have our own will and saying up things on whats currently happening but same as you said where i dont see a chance for Trump to fight for this one.Why he cant really just move on?

Free money with Biden on 1.07? I do somewhat agree on this point and this doesnt talk about the issue about believing for some Trump's chance.

[Saint-loup]

figmentofmyass : you still need a large amount of capital to really earn from that bet but OK, where can I take it ?

betfair still has biden at 1.07. https://www.betfair.com/exchange/plus/politics/market/1.128151441

I had to use a VPN to check, but indeed it's legit. On the blue column people have bet for Biden to the tune of about 5 million pounds, and enough people have bet enough money on other candidates (even ones that really can't happen like Michelle Obama) to yield 5% for a Biden win. Not sure what the columns more to the right are.

Hey aesma did you use a free VPN to be able to connect to Betfair? Have you been able to place a bet? If yes which one it is please.

[aesma]

I used VyprVPN I get with my Giganews subscription. I haven't registered on betfair because I don't see how I could use it anyway, I'd need a foreign bank account to do the fiat transactions. If something goes wrong I wouldn't be protected as I would have been "cheating" their system, so I'd rather not risk it.

[Russlenat]

betfair still has biden at 1.07. https://www.betfair.com/exchange/plus/politics/market/1.128151441

Would that mean you can still bet on that odds now? I guess they are giving free money here... I never gamble in the site yet so I'm unfamiliar with it, but on a regular sportsbook, crypto sportsbook to specific, odds are not anymore available.

I believe that is an error because most betting sites have paid out to winner and have long got it done with the US election, but some that have withhold payment to winners due to legal letigation between the two contestant's. We await the outcome

It's not an error, check the link provided and that line is still available, as long as it stays there, it means the result is not formally announce yet, and how can you be so sure that most gambling sites have already graded this certain betting event?

[Haunebu]

I used VyprVPN I get with my Giganews subscription. I haven't registered on betfair because I don't see how I could use it anyway, I'd need a foreign bank account to do the fiat transactions. If something goes wrong I wouldn't be protected as I would have been "cheating" their system, so I'd rather not risk it.

You could contact Betfair support and ask them if it's possible to place the bet without any issues. I don't really think they have issues with VPNs as long as you aren't doing something illegal.

https://community.betfair.com/chit_chat/go/thread/view/94038/31496933/best-vpn#flvWelcomeHeader

Above link clearly proves that they allow VPN related discussions within their community. I would still clarify with their support though just to be on the safe side.

This is how I usually deal with VPN related scenarios on sports betting and gambling sites. Just my 2 cents.

[shoreno]

betfair still has biden at 1.07. https://www.betfair.com/exchange/plus/politics/market/1.128151441

Would that mean you can still bet on that odds now? I guess they are giving free money here... I never gamble in the site yet so I'm unfamiliar with it, but on a regular sportsbook, crypto sportsbook to specific, odds are not anymore available.

I believe that is an error because most betting sites have paid out to winner and have long got it done with the US election, but some that have withhold payment to winners due to legal letigation between the two contestant's. We await the outcome

It's not an error, check the link provided and that line is still available, as long as it stays there, it means the result is not formally announce yet, and how can you be so sure that most gambling sites have already graded this certain betting event?

he wont say it if he didnt witness it  but those sites that pay already graded it on thier own but that may not be official because they dont want thier costumers to wait for their payments .

 they could also be basing on what the majority thinks because majority thinks that biden is the winner and there are minorities  think that the result should be checked again . betfair was a fair site i believed and they their name says it all . they wait because they want to be fair to everyone . anyway i check the link and its really there , the game is still on going

[DarkStar_]

You could contact Betfair support and ask them if it's possible to place the bet without any issues. I don't really think they have issues with VPNs as long as you aren't doing something illegal.

If you're from a restricted region, I think they'd definitely have an issue with using a VPN to circumvent that ban. Anyway, Fairlay has it at 1.065 right now, so you can use Bitcoin and not worry about KYC: https://fairlay.com/market/2020-us-presidential-election/

[wiss19]

PA just declared that they will not be providing any court hearing for Trump team as well, they have verified and certified the results, on December 14th the electoral college will get together and there is probably not that many faithless voters neither, hell there are people saying trump ones could even switch to Biden at the last minute there as well but I doubt that is the case.

So, by 14th December is the last option sportsbooks have, if EC ends up voting for Biden and ends the discussion, there is NOTHING trump can do even legally as well, it's done, it is kaput, it is finished job. Until that day all he can do is go to supreme court once more, to make the local courts hear him instead of reject him, and without any evidence (which they have put forward zero so far) that would still end up with a rejection lol.

[figmentofmyass]

Would that mean you can still bet on that odds now? I guess they are giving free money here... I never gamble in the site yet so I'm unfamiliar with it, but on a regular sportsbook, crypto sportsbook to specific, odds are not anymore available.

i can't find any crypto books (with decent betting liquidity anyway) still offering odds. but like i mentioned earlier, FTX's trump tokens are still trading and buying/holding TRUMPGO is essentially the same thing as laying against trump. https://ftx.com/trade/TRUMPGO/USD

it last traded at $0.882, implying odds of 1.118 to bet against trump. that's fucking amazing at this point---never underestimate the delusion of trump supporters. take their money because it's laying on the table.

betfair's odds are down to 1.04. reality setting in?

i agree it's extremely unlikely, but if it's literally impossible, you should place a bet on biden at 1.07 right now. why are you complaining here instead of grabbing all that free money?

I guess you are one of the very few minority who actually believes that Trump still has a chance.

okay, i guess that's a vague way of saying "it's extremely unlikely", sure.

This isn't Gore vs Bush. He doesn't have any chance plain and simple.

i'm not gonna explain to you the difference between zero and non-zero (but low) chances again.

[Steamtyme]

A note for places that paid out quickly; taking on the risk of an overturned election. I placed bets for Biden and Democrats to win on Betnomi, and it was paid out, I want to say 2 weeks ago or something like that anyways. Hard to remember as I put it right into a Poker tourney lol.

Side note I need to research this stuff better.

If you're from a restricted region, I think they'd definitely have an issue with using a VPN to circumvent that ban. Anyway, Fairlay has it at 1.065 right now, so you can use Bitcoin and not worry about KYC: https://fairlay.com/market/2020-us-presidential-election/

I'm there now was thinking it might be nice to pick up some free sats, but the layout is confusing. It looks like you select "on" or "Against" at the bottom of the odds, selecting against everything seems to match up to 1.078 as odds given.

I've got an account now so I'll probably explore all of these options and do some site research before funding and betting anything. If I miss it I can't feel to bad, already made something off the election.

i can't find any crypto books (with decent betting liquidity anyway) still offering odds. but like i mentioned earlier, FTX's trump tokens are still trading and buying/holding TRUMPGO is essentially the same thing as laying against trump. https://ftx.com/trade/TRUMPGO/USD

it last traded at $0.882, implying odds of 1.118 to bet against trump. that's fucking amazing at this point---never underestimate the delusion of trump supporters. take their money because it's laying on the table.

betfair's odds are down to 1.04. reality setting in?

I had to read back on your posts to see what this was about. I love it, I'll check them out and see if it's an option for me.

[DarkStar_]

betfair's odds are down to 1.04. reality setting in?

I'm not too sure about that. They seem to move pretty randomly (from my perspective anyway; I don't really follow political news that much). I believe Biden odds dropped to 1.03 about two weeks ago, but it went back to 1.07, and it keeps fluctuating between 1.04-1.07. I have bets placed at 1.12 average odds so watching Betfair odds is my way of seeing how my bet is going 

[magneto]

i can't find any crypto books (with decent betting liquidity anyway) still offering odds. but like i mentioned earlier, FTX's trump tokens are still trading and buying/holding TRUMPGO is essentially the same thing as laying against trump. https://ftx.com/trade/TRUMPGO/USD

it last traded at $0.882, implying odds of 1.118 to bet against trump. that's fucking amazing at this point---never underestimate the delusion of trump supporters. take their money because it's laying on the table.

How is this still trading at $0.9 (implicit odds of >1.1)? Is payout of 1 USD guaranteed by FTX or is there some implicit risk that artificially depresses the prices of these tokens?

Wouldn't this be a very simple arbitrage opportunity if you play both sides of the book?


Regarding the subject set out by the OP, I think that it is fair enough that a lot of books are still waiting for official certification. But as each day passes and no progress is being made in any court, it just makes it increasingly seem like an attempt to stall progress and hold onto user funds for zero reason.

[DarkStar_]

i can't find any crypto books (with decent betting liquidity anyway) still offering odds. but like i mentioned earlier, FTX's trump tokens are still trading and buying/holding TRUMPGO is essentially the same thing as laying against trump. https://ftx.com/trade/TRUMPGO/USD

it last traded at $0.882, implying odds of 1.118 to bet against trump. that's fucking amazing at this point---never underestimate the delusion of trump supporters. take their money because it's laying on the table.

How is this still trading at $0.9 (implicit odds of >1.1)? Is payout of 1 USD guaranteed by FTX or is there some implicit risk that artificially depresses the prices of these tokens?

Wouldn't this be a very simple arbitrage opportunity if you play both sides of the book?

I haven't looked too much into it, but I don't think there's very significant risk of FTX running away with the money. There's probably not much knowledge of the FTX offerings and I guess the audience of a cryptocurrency derivatives exchange doesn't overlap too significantly with the Betfair audience. It's similar to PredictIt, which currently trades Biden at $0.89. Since PredictIt is USA only and Betfair bans USA, it's hard to arbitrage so there's pretty significant spread.

[TwitchySeal]

Every single news outlet is reporting that Biden is the winner and I’ve seen his speech.  

News are not deciding who wins elections, and this is not the first time something like this happens.
Better turn off TV and mainstream media, because they did wrong predictions many times, and even announced Gore as president one time, and they also miserably predicted all polls before elections.
FTX is still allowing users to decide and keep their bet on presidential elections.

The difference is that the Gore-Bush election was decided by a single state and the margin was extremely close. Trump is not going to overturn the results with more states involved and with bigger margins.

The media isn't just making things up out of thin air. They're going by the results being reported by state governments. That's how elections work. Of course the next step is to certify the results and wait for the electoral college to make it official but I don't see why casinos have to wait that long because at that point it's a foregone conclusion what will occur. We already have all the evidence we need to determine that Biden will be the next president.

For what it's worth:  that's a fake headline that the Trump campaign was spreading to discredit the media.

https://www.reuters.com/article/uk-factcheck-headline/fact-check-the-washington-times-president-gore-headline-is-fake-idUSKBN27P216

They did call Florida for Bush too early, and then Gore conceded only to later retract.  This all went down during election night though - not a comparable situation really.

Besides, the only thing you need to trust to know who won the election is a calculator.

[FIFA worldcup]

Besides, the only thing you need to trust to know who won the election is a calculator.

Accept it or not, but Biden is the winner of the USA elections on statistics and everyone has to accept it. Few sportsbook may take more time but eventually they will have to pay to those who have bet for Biden. There is nothing to worry about, just a few more days before every sportbook will settle this bet.  

[Haunebu]

If you're from a restricted region, I think they'd definitely have an issue with using a VPN to circumvent that ban. Anyway, Fairlay has it at 1.065 right now, so you can use Bitcoin and not worry about KYC: https://fairlay.com/market/2020-us-presidential-election/

Based on my research, I think it's possible to place a bet successfully through Betfair using a VPN as long as their support team validates it beforehand. Already placed a bet on Fairlay earlier. The odds are down to 1.059 something against Trump.

Regarding the subject set out by the OP, I think that it is fair enough that a lot of books are still waiting for official certification. But as each day passes and no progress is being made in any court, it just makes it increasingly seem like an attempt to stall progress and hold onto user funds for zero reason.

The problem here is that punters are used to bets getting settled and paid out quickly which is why they expected the same with this bet. Majority of them including me weren't aware that the books and exchanges would take an eternity to pay out in this manner.

[figmentofmyass]

i can't find any crypto books (with decent betting liquidity anyway) still offering odds. but like i mentioned earlier, FTX's trump tokens are still trading and buying/holding TRUMPGO is essentially the same thing as laying against trump. https://ftx.com/trade/TRUMPGO/USD

I had to read back on your posts to see what this was about. I love it, I'll check them out and see if it's an option for me.

i'm not sure where you're located but if ftx.com isn't an option, there is also poloniex.

I haven't looked too much into it, but I don't think there's very significant risk of FTX running away with the money. There's probably not much knowledge of the FTX offerings and I guess the audience of a cryptocurrency derivatives exchange doesn't overlap too significantly with the Betfair audience. It's similar to PredictIt, which currently trades Biden at $0.89. Since PredictIt is USA only and Betfair bans USA, it's hard to arbitrage so there's pretty significant spread.

FTX is legit. it's all about the difficulty to arbitrage. the crypto markets are a bitch to access---jurisdiction issues or the need to buy BTC first and send to a secondary altcoin exchange. trump tokens are a pretty small market to want to jump through all those hoops.

i also wonder if the crypto market just favors trump a bit more than the rest of the betting market. not enough to make it worth arbitraging, but enough to skew the odds.

[magneto]

i can't find any crypto books (with decent betting liquidity anyway) still offering odds. but like i mentioned earlier, FTX's trump tokens are still trading and buying/holding TRUMPGO is essentially the same thing as laying against trump. https://ftx.com/trade/TRUMPGO/USD

it last traded at $0.882, implying odds of 1.118 to bet against trump. that's fucking amazing at this point---never underestimate the delusion of trump supporters. take their money because it's laying on the table.

How is this still trading at $0.9 (implicit odds of >1.1)? Is payout of 1 USD guaranteed by FTX or is there some implicit risk that artificially depresses the prices of these tokens?

Wouldn't this be a very simple arbitrage opportunity if you play both sides of the book?

I haven't looked too much into it, but I don't think there's very significant risk of FTX running away with the money. There's probably not much knowledge of the FTX offerings and I guess the audience of a cryptocurrency derivatives exchange doesn't overlap too significantly with the Betfair audience. It's similar to PredictIt, which currently trades Biden at $0.89. Since PredictIt is USA only and Betfair bans USA, it's hard to arbitrage so there's pretty significant spread.

Yeah, but I guess FTX's offerings are far more appealing than PredictIt given that it's got a pretty sizable orderbook, while PredictIt limits to US citizens and I think $800 USD per bet.

The only concern with this token is precisely that they may also refuse to pay out on Feb 1st. Although they did settle the TRUMPWIN/TRUMPLOSE tokens this month it's no guarantee that they will do the same in February. They have ultimate control over the interpretation of settlement conditions:

The settlement of TRUMPFEBWIN tokens are at FTX's total discretion, and promise not to complain about the manner in which it is settled

It's certainly a very interesting deal either way given that the winner has been long called, and I might put some mBTC on it just for fun 

[slaman29]

Can't believe we've still got markets on this, to be honest;) I mean, right now, all the news I can find is about Trump himself giving up, and courts left and right throwing out his appeals for recount. I'm sure deep down the guy has already given up but is just making a good show of going down fighting in case he decides to run again in 4 years (can he do that?).