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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 30, 2020, 11:46:53 AM
 #121

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?).
He could try, but it would be pointless. Think about it. Trump was such a bad president that many people were in favor of impeaching him during his first term itself which is why him losing against Biden isn't surprising at all.

He would still lose if tries running for President in the future in my opinion which is why the republicans would probably choose someone better as their nominee in the future to compete against the democrats.

Also, he probably won't be able to run for President later since he has to face a plethora of lawsuits once he officially steps down.

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November 30, 2020, 02:11:02 PM
 #122

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.
That has been always the case, there has never been any "proof" of fraud ever and never provided with any problems at all. Think about it this way, trump campaign just spent 3 million (of regular folks money who donated) just to do a recount and Biden won 100+ votes instead of Trump proving there was a scam.

They are really not thinking smart because one day Biden is an old senile fool while the other moment he organized the greatest fraud in history of USA, they make no sense at certain points. So long story short it was always Trump claiming fraud because he is not someone who can accept defeat and that was the only reason for all of this, whereas the reality was just him losing straight up while being narsistic person, I hope trump fans will see that one day but I doubt it.

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November 30, 2020, 03:04:49 PM
 #123

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.

Betting has an emotional component and a rational component. I'd say at the moment people putting money on Biden favor the rational, and people putting money on Trump the emotional.

Also, to earn money by betting on Biden, you must bet a big amount, while you can bet a smaller amount on Trump.
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November 30, 2020, 04:03:22 PM
 #124

Betting has an emotional component and a rational component. I'd say at the moment people putting money on Biden favor the rational, and people putting money on Trump the emotional.
Trump and emotional? I disagree. They bet on the underdog which offers better odds plain and simple. High risk, high reward is what they are after basically.

Also, to earn money by betting on Biden, you must bet a big amount, while you can bet a smaller amount on Trump.
Not necessarily. I observed many sites offering 1.6-1.7 odds for a Biden win which are pretty awesome odds if you ask me. Many expected Trump to lose after his bad presidential performance which made these odds really tempting.

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November 30, 2020, 04:27:47 PM
 #125

I'm talking about today. Today the election is over, yet some are still betting, at 1.05-1.07 for Biden, and the reverse for Trump. If you have a spare million to put on Biden, you're going to win 50000 easily. Those putting money on Trump today just want to spend money to keep their dream alive or something.
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November 30, 2020, 09:02:23 PM
 #126

Trump's chances of staying in office are effectively 0%. There is no legal route that can overturn the results. I don't think he'll attempt a coup. Anybody who bets on him is only throwing money away. Even if you're a die hard Trump supporter why not put your money on Biden to recover your losses or invest in Bitcoin instead?

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December 01, 2020, 07:40:45 AM
 #127

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.



Saw this. We all know the reasoning behind this wasn't to get a better shot at winning in the courts, as the courts aren't going to care about anything relating to fake news. They're going to care about substance of the allegations, which there has not been any.

The reason for this is so Trump can enrage the base and make some of them feel like there is still a chance - which is the reason for 60-70% of Republicans thinking that voter fraud was common and the reason for Biden winning this election.

Trump will maintain his grip over the party through doing this. Raising money and continuing to build his contacts that he'll be able to use when the midterms come around.




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December 01, 2020, 07:58:09 AM
 #128

Even if you're a die hard Trump supporter why not put your money on Biden to recover your losses or invest in Bitcoin instead?
Firstly, they care more about Trump recovering his presidency than recovering their own money. Also, the odds on a Trump win right now are very high which is why they would need to invest small amounts in order to win big.

Most hardcore Trump supporters won't be able to digest the truth right away and will need time to get their head around it based on what I am observing.

Trump will maintain his grip over the party through doing this. Raising money and continuing to build his contacts that he'll be able to use when the midterms come around.
I disagree. Trump has lost his grip over his own family. Most republicans are probably focusing on a new nominee since Trump has embarrassed them by becoming the first President to not concede honorably in US history.

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December 01, 2020, 08:08:20 AM
 #129

Even if you're a die hard Trump supporter why not put your money on Biden to recover your losses or invest in Bitcoin instead?
Firstly, they care more about Trump recovering his presidency than recovering their own money. Also, the odds on a Trump win right now are very high which is why they would need to invest small amounts in order to win big.

Most hardcore Trump supporters won't be able to digest the truth right away and will need time to get their head around it based on what I am observing.

Trump will maintain his grip over the party through doing this. Raising money and continuing to build his contacts that he'll be able to use when the midterms come around.
I disagree. Trump has lost his grip over his own family. Most republicans are probably focusing on a new nominee since Trump has embarrassed them by becoming the first President to not concede honorably in US history.

Not sure if we're watchin the same post election analysis stuff, but even though he's it's been awhile since a first term president has lost (First Bush), it hasn't caused every single GOP Senator to revolt against him. Pretty sure at this very moment more members of the GOP Senate delegation have had COVID then have called on Trump to concede (heard it a few days ago, could be wrong now)

Donald Trump still controls the base off the party, they still love him and will continue to stand with him. There's no way for either one of us to know at this very moment who is right though, going to have to wait until after January on this one.




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December 01, 2020, 08:23:54 AM
 #130

I read in the news that Biden is also winning in the latter states. This election puppet show has been secretly going on for a long time.
It would be nice if that came to an end and that everyone knows where they stand, also for the people who have placed a stake on this.

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December 01, 2020, 08:26:05 AM
 #131

I read in the news that Biden is also winning in the latter states. This election puppet show has been secretly going on for a long time.
It would be nice if that came to an end and that everyone knows where they stand, also for the people who have placed a stake on this.

It has never been different in the USA President Election?
The Media announces it every election but the official result will be made when the Electoral College declares a winner.
Its not a puppet show...
The official result will be when the EC declares the winner.
Dont know how the election works, dont bet on it?
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December 01, 2020, 11:40:13 AM
 #132

Donald Trump still controls the base off the party, they still love him and will continue to stand with him. There's no way for either one of us to know at this very moment who is right though, going to have to wait until after January on this one.
This article is just one of many examples why the Republicans are worried about Trump.

https://www.google.com/amp/s/www.nytimes.com/2020/11/30/us/politics/georgia-republicans-trump-kemp.amp.html

He is growing paranoid with every passing day and it's only a matter of time before more and more Republicans lose faith in him. They will probably find a much better replacement in first half of 2021.

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December 01, 2020, 02:06:42 PM
 #133

Trump will maintain his grip over the party through doing this. Raising money and continuing to build his contacts that he'll be able to use when the midterms come around.

Trump isn't a politician though. He has no grip on the party in the traditional sense, instead he is popular with the party's voters, so the politicians want to be associated with him. Now that he has lost, they will still pay lip service to Trump, but they will want less and less association with him. Using him in the midterms would probably be a losing proposition, by then the GOP will try to make people forget about Trump.
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December 01, 2020, 05:40:24 PM
 #134

Donald Trump still controls the base off the party, they still love him and will continue to stand with him. There's no way for either one of us to know at this very moment who is right though, going to have to wait until after January on this one.
This article is just one of many examples why the Republicans are worried about Trump.

https://www.google.com/amp/s/www.nytimes.com/2020/11/30/us/politics/georgia-republicans-trump-kemp.amp.html

He is growing paranoid with every passing day and it's only a matter of time before more and more Republicans lose faith in him. They will probably find a much better replacement in first half of 2021.

Oh I totally know that they are worried as we've seen story after story about that, but all of these worries have been made privately as it is NOT popular within the Republican party to go against Trump and it most likely wont be for sometime. His support will erode over time, though once Biden begins to act like a Dem and does some of the leftward shift stuff Trump, or someone like him, is going to gain relevance again.

It's understandable right now to be like -- What the fuck, Trump is crazy and there's no chance he can continue to lead this party. But the guy literally just did a hostile takeover of the party and is a reason for a lot of down the ballot Republicans to even have a job right now. (Ex: See Ron DeSantis, as he would never be the Florida Gov if not for the Trump endorsement)





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December 01, 2020, 06:17:38 PM
 #135

It's understandable right now to be like -- What the fuck, Trump is crazy and there's no chance he can continue to lead this party. But the guy literally just did a hostile takeover of the party and is a reason for a lot of down the ballot Republicans to even have a job right now. (Ex: See Ron DeSantis, as he would never be the Florida Gov if not for the Trump endorsement)
Valid points, but the biggest point that you are forgetting is his horrible handling of the pandemic which is a rare event basically. He made such a royal mess out of it that you can literally write essays discussing all his errors.

He literally got affected himself. If he couldn't take care of his own health, how could he take care of all the Americans depending on him? This one question is one of the primary reasons why he lost against Biden.

It was a huge test and he failed miserably. As you said, the republicans won't abandon him right away, but will do so slowly and steadily over time.

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December 03, 2020, 06:50:39 AM
 #136

I would say the reason why Trump got a huge win was the fact that Tea Party got involved with republicans instead of being a separate entity, think of it like Bernie Sanders and the likes of progressive leftists taking over democratic party as well (which they are growing in numbers too).

Trump is not the old kind of conservative party person, nor people around him neither, he is more of a person who would like to take the party a bit more right, being a conservative was not seen as a bad thing, it was actually quite cool for a very long time, but Trump made conservative sound more like racist thing, which it wasn't and it isn't but he took that and ran with it.

As long as Tea Party people of Republicans stand, there is no way that party can survive. Plus we should bring back "country over party" instead of "if my party member kills 200 million Americans, I still can't support other party" type of idiocy.

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December 03, 2020, 02:26:52 PM
 #137

According to the results of the US presidential elections, Biden won more than 80 million votes of his voters, which is a historical indicator in the history of the country, and despite the fact that this is a clear indicator of Victory, there is still a long time before January 6, 2021 when the chairman sounds the name of the winner. in this connection, many publications are talking about some kind of revenge. I can't figure out how Trump still has a chance to bypass Biden?

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December 03, 2020, 04:13:51 PM
 #138

According to the results of the US presidential elections, Biden won more than 80 million votes of his voters, which is a historical indicator in the history of the country, and despite the fact that this is a clear indicator of Victory, there is still a long time before January 6, 2021 when the chairman sounds the name of the winner. in this connection, many publications are talking about some kind of revenge. I can't figure out how Trump still has a chance to bypass Biden?
There is no possible way for Trump to reverse the results. All these revenge theories etc are bullcrap promoted by those media networks that heavily favor the republicans and stand against the Democrats.

Meanwhile, majority of the world has already acknowledged Biden as the new POTUS while the minority are in denial for various reasons.

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December 04, 2020, 01:12:26 PM
 #139

According to the results of the US presidential elections, Biden won more than 80 million votes of his voters, which is a historical indicator in the history of the country, and despite the fact that this is a clear indicator of Victory, there is still a long time before January 6, 2021 when the chairman sounds the name of the winner. in this connection, many publications are talking about some kind of revenge. I can't figure out how Trump still has a chance to bypass Biden?
There is no possible way for Trump to reverse the results. All these revenge theories etc are bullcrap promoted by those media networks that heavily favor the republicans and stand against the Democrats.

Meanwhile, majority of the world has already acknowledged Biden as the new POTUS while the minority are in denial for various reasons.

Haha, you are absolutely right, the world knows Biden is already the winner, however, Trump seems not giving up the fight yet because in his mind he thought he won, and accusing Biden's camp of cheating him, that will never be prove, but if there's still line available until now, I won't be betting anymore.

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Tessnik
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December 04, 2020, 01:53:47 PM
Merited by posi (1)
 #140

At this point I believe all betting sites have pay out to Biden winning but I still know a few will delay due to Court cases and will pay out when the president get swear in January.
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