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Author Topic: Sportsbooks that aren’t paying out on Biden winning the US Presidential Election  (Read 2582 times)
Finestream
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December 04, 2020, 11:20:57 PM
 #141

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.
I believe major sportsbook has not graded the bet yet.
This information though not updated but I think it's still relevant until now.

https://www.forbes.com/sites/willyakowicz/2020/11/13/even-the-bookies-want-the-election-to-be-over-and-the-betting-to-stop/?sh=39db35e63c05

Quote
Even though Joseph Biden has been declared President-elect by every major news network, the Electoral College still must certify the results. All the while, Trump continues to spread misinformation about a rigged election. This means the gambling books aren’t settling bets yet, leaving bettors and bookies in limbo. One betting platform in the U.K. is holding a handle of nearly $840 million. 

More information ; https://www.vox.com/21539173/electoral-college-explained-2020-trump-biden

Also, we can observed that we haven't seen post in this thread that bettors are already paid with their winnings.

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December 04, 2020, 11:55:48 PM
 #142

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.
This is the result when you are just too confident that those things into your mind will be always happening but when reality do slapped you in the face then thats the

thing that cant really be or hardly accepted by someone who have this kind of behavior and this old man does have this kind of characteristic and even if the election is over

he tries to mess up everything and trying to claim that he had been cheated by the opposing side.Most of bookies had already give out the results but there are still
few who do wait up for those court cases which i can say its pointless.

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.
They are just holding up for that long because the result wont most likely be favoring on Trumps side. Its clear whose the winner but this old hag cant really move on.

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December 05, 2020, 05:59:47 PM
 #143

With now California officially certified, there is literally ZERO way that Trump could stay president. That is the topic here isn't it, for all the people who had 2 IQ to rub against, you would have realized that Biden won and it would be easily provable and there were never a single case of fraud that was helping Trump's case, if there were any that they could have proved, they would have done that already.

However sportsbooks that denied payment knew this too, they knew that Biden won, they knew that they would eventually have to pay, they knew the longer they wait, the result wouldn't change. What they have done is to manage disenfranchise the people who wager there, and caused them to find another place to gamble, which really hurts them as well, so it was a bad move.

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December 05, 2020, 09:29:46 PM
 #144

With now California officially certified, there is literally ZERO way that Trump could stay president. That is the topic here isn't it, for all the people who had 2 IQ to rub against, you would have realized that Biden won and it would be easily provable and there were never a single case of fraud that was helping Trump's case, if there were any that they could have proved, they would have done that already.

However sportsbooks that denied payment knew this too, they knew that Biden won, they knew that they would eventually have to pay, they knew the longer they wait, the result wouldn't change. What they have done is to manage disenfranchise the people who wager there, and caused them to find another place to gamble, which really hurts them as well, so it was a bad move.

It's not about whether Trump can prove something or not, whether he will win the court or not. The fact is that the president should be officially announced by the electoral college. Only at this moment, by law, the president is considered elected. Large media are not a college of electors, so some bookmakers are waiting for official recognition of Biden as president. As long as there is at least 1 chance that Trump can change something, they will not make payments.
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December 05, 2020, 10:28:06 PM
 #145

The only thing Trump can do is a coup or starting some kind of civil war. If that happens (I mean a violent coup, because what he's doing is already akin to a coup, for some), then we'll have to worry about more important stuff than bets on websites, and these websites are likely to all go bankrupt along with half the US companies...
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December 05, 2020, 10:49:44 PM
 #146

The only thing Trump can do is a coup or starting some kind of civil war. If that happens (I mean a violent coup, because what he's doing is already akin to a coup, for some), then we'll have to worry about more important stuff than bets on websites, and these websites are likely to all go bankrupt along with half the US companies...
The way I see it, it seems it will not happen anytime soon, Trump does not have the support of the people, he is a sore loser who does not want to go down from his position, but people have spoken, soon it will be announce that Biden won a clean election and Trump had to step down.

Let's be more concern about the grading of bet in this thread, forget about the worst case scenario mate.

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December 06, 2020, 11:06:25 PM
 #147

The only thing Trump can do is a coup or starting some kind of civil war. If that happens (I mean a violent coup, because what he's doing is already akin to a coup, for some), then we'll have to worry about more important stuff than bets on websites, and these websites are likely to all go bankrupt along with half the US companies...
Just to be able to stay as president? Sounds like what a country with social instability would do. Something along the lines of a Castro or Noreaga. Sad
He does still have the rioting happening in several states to fall back on if this coup or civil war doesn't transpire for him.

There was a rally he held yesterday in Georgia where there was a big screen showing his so called evidence of the democrats flushing his ballots down the toilet.
So this was the evidence he was going to bring to the courts in overturning the polls? Undecided
Very weak substance for any judge not to throw out of court just on the basis of having the audacity of even trying.

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December 08, 2020, 01:07:54 PM
 #148

Cloudbet.com is still not paying out .
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December 10, 2020, 11:45:21 AM
 #149

Cloudbet.com is still not paying out .
I guess there's still a lot more gambling sites who are still not playing, correct me if I'm wrong.

Hopefully we will see some update in this thread on gambling sites have have already paid or graded the bets on the last election.

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December 10, 2020, 04:05:58 PM
 #150

Cloudbet.com is still not paying out .
I guess there's still a lot more gambling sites who are still not playing, correct me if I'm wrong.

Hopefully we will see some update in this thread on gambling sites have have already paid or graded the bets on the last election.
theres a reply from cloudbets official representative on the forum in the gambling discussion board : https://bitcointalk.org/index.php?topic=5279076.msg55778966#msg55778966 .

 they say that dont have exact schedule yet for the payments  .some users are saying that january is the time where the issue in election is going to be fixed , that was few days ahead and the wait shouldnt be that long. just need a little patience guys and you can get your payments soon .

 no one expected that there is going to be delays because before election bettors didnt expect a longer delays than this current one .
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December 10, 2020, 11:15:02 PM
 #151

Cloudbet.com is still not paying out .
I guess there's still a lot more gambling sites who are still not playing, correct me if I'm wrong.

Hopefully we will see some update in this thread on gambling sites have have already paid or graded the bets on the last election.
theres a reply from cloudbets official representative on the forum in the gambling discussion board : https://bitcointalk.org/index.php?topic=5279076.msg55778966#msg55778966 .

 they say that dont have exact schedule yet for the payments  .some users are saying that january is the time where the issue in election is going to be fixed , that was few days ahead and the wait shouldnt be that long. just need a little patience guys and you can get your payments soon .

 no one expected that there is going to be delays because before election bettors didnt expect a longer delays than this current one .

I've taken some words of their reply in the link provided by you.

Some bets have yet to be settled due to unconfirmed election results.

If I understand it correctly, they have settled some and some are yet to be settled? How is it possible? Settling of bets should be for all, or maybe they have settle those small bets only?

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December 11, 2020, 01:12:23 AM
 #152

Cloudbet.com is still not paying out .

I don't want to take a side, but I love to read ToS', especially when I'm making non-traditional bets. And the last time I checked, the media outlets are not the official way to declare the new POTUS.

There is Certification by the states, Lawsuits, etc. Before the Electoral College decision (in 3 days), the bets cannot be settled.

Even now, you could find arbitrages with a lot of value because of this whole mess:

https://fairlay.com/market/2020-us-presidential-election/

https://www.betfair.com/exchange/plus/politics/market/1.128151441

You could Back Trump @ 19 and Lay Trump @ 10 or less with some luck.

(I know that the one exchange is BTC, the other fiat, but this could be hedged)

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December 15, 2020, 02:39:12 AM
 #153


The US electoral college confirmed Bidden's victory:

https://www.bbc.com/news/election-us-2020-55312272

It's official now and all bookies have to pay! I'm sure that Trump will continue with the court attempts, but the electoral college has its vote.


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December 15, 2020, 03:11:53 PM
 #154

Cloudbet. Com still refuses to settle the bets.
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December 15, 2020, 04:27:36 PM
 #155

From what I can tell the last few that were holding out finally paid out yesterday, except for the ones that had January 20th as their deadline.

They did the right thing but there are still some delusional people who think Trump still has a chance to stay in power.

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December 15, 2020, 04:40:57 PM
 #156

All 2020 US Presidential bets have been settled at BetBTC.

We appreciate your patience.  Wink

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December 15, 2020, 05:40:06 PM
 #157

Wonder if the bookie that took that million dollar biden bet in the UK paid out this players winnings now that the domino effect seems to have taken hold of these sportsbook makers in their decision on it being a reality. Undecided

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December 15, 2020, 06:01:10 PM
 #158

Any bookie that doesn't pay after today is a pure scam and nothing more, do not listen to what they say, do not really care about what their reasoning would be, if they are not paying you after today, they are pure scammers and they just stole your money, if you have any valid legal defense than you should start a lawsuit without a doubt.

Electoral college is the only thing that matters in these cases and Biden passed over 270 already, he is the president-elect and all of this discussions about Trump and a comeback and fraud all thrown out of the window. It was always an idiotic move to keep Biden bettors money, it was obvious that Trump is not a person that would say he lost, so sportsbooks moving according to what Trump says was moronic anyway. However after today, anyone that doesn't pay up is a scammer.

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December 15, 2020, 06:47:00 PM
 #159

People here are not very smart... you want to get payed for something that didnt happen yet. Wait until 6 january
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December 15, 2020, 07:22:38 PM
 #160

People here are not very smart... you want to get payed for something that didnt happen yet. Wait until 6 january

Biden's victory has already been certified at the county and state level, the electoral college has voted. How many more times does Biden need to win for it to really be official? There is no need to wait for January because we already know what the outcome will be. Despite what some viral social media posts might be claiming there is nothing that Republicans can do at this point to reverse the results of the election.

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