Betting on Open ending events? Should casinos continue offering them?

[TinaK]

I was wondering if after the "Trump vs Biden" US election fiasco... if casinos should still be offering bets on events like that?

The potential for disaster in events like this is always there and when something like this happens... a lot of gamblers get agitated and irritated with the decisions that are made on the outcome of their bets.

Most Sport events and eSport games have a clear winner and loser (individual or team) or it is cancelled... but the outcome are seldom delayed for months. This is causing unnecessary conflict between the gambler and the casino, so I am of the opinion that it should be avoided. 

What do you think?

The US president election is totally concentrate the economy development and security purposes, so if it is safer than country peoples they don't block the previous casino gaming offers.
I think both are plan for the same method , But it will reach different set of wheels.
    Joe Biden
1. COVID 19
2. Jobs and Economy
3. China
4. Immigration
5. Energy
6. Gun violence
    Donald Trump
1. COVID-19
2. Jobs and tax
3. China
4. Energy
5. Healthcare
6. Education
7. Defense
I read all the statement of both persons note, so I expect everything will runs on previous methodology. I don't think it is not disappointed on current gamblers because they plan for equality.

[fortunecrypto]

If the casino avoids offering Open ending event on their website, some of their gamblers might move to another website that offers.

I agree a game and a feature that has a market should not be taken down just because there is one event that happen that makes the results questionable, if one gambling site take it out down, it will be their lose and it will be another gambling site's gain, so it's better that they retain it, what happen in the Biden- Trump case is an isolated case, although there is no guaranty that it will not happen again.

[harizen]

..... but the outcome are seldom delayed for months. This is causing unnecessary conflict between the gambler and the casino, so I am of the opinion that it should be avoided. 

There should be no such thing as "conflict" as in the first place, gamblers should already know that something like that can happen in a betting event. The moment they place their bet, they should anticipate that kind of scenario.

And besides, Biden vs Trump created lots of dramas and issues that's why don't treat it as the same in future open events.

I'm sure gambling operators already aware of what they faced during that heated event. The adjustment will surely be made.

[robelneo]

I was wondering if after the "Trump vs Biden" US election fiasco... if casinos should still be offering bets on events like that?

The potential for disaster in events like this is always there and when something like this happens... a lot of gamblers get agitated and irritated with the decisions that are made on the outcome of their bets.

Most Sport events and eSport games have a clear winner and loser (individual or team) or it is cancelled... but the outcome are seldom delayed for months. This is causing unnecessary conflict between the gambler and the casino, so I am of the opinion that it should be avoided. 

What do you think?

It's Trump fault that this things happen, but obviously it's already given that Trump is on the way out of the White House, I seldom play open ending events but I read that many gambling sites is offering this, if one gambling site decide to shut it down, other gambling sites will just welcome those who patronize this kind of games, so I don't believe they are going to take it down just like that.

[Sebas.tian]

This is and ending event, it means it has not ended yet, it's just like a live betting.

IMO, there's nothing wrong with that as you can see on the betting odds, if you bet on Biden, you are just getting like 2% or a bit higher.
If a gambling site is reputable, they will pay if you win, but it's a fair game since result has not been formally announce yet, therefore it's up to the gamblers if they are still willing to take that odds or will just sit it down.

I think some bettors who did bet on this event will not bet next time, especially those with large bets, in my opinion. Because it is like you are waiting in vain even if you already know the results. But casinos will still list this kind of event, either way, they will earn money from this event.

On a definite note the casinos have already be benefiting right now becasue some bookies are still open for more bettors to make some profits. But, they are aware that the US election are been insinuated to be rigging or the electoral accusations from the Trump camp are not true, but they still open for bettors, although their odds aren't good in my liking.

[uneng]

Well, it's up to the casinos to continue offering this kind of betting and it's upon to the gamblers to continue betting on this kind of event.
As political universe is very corrupted and manipulated I prefer to stay way from this gambling category, although I think no one (besides the cheaters) could imagine a fiasco like this could happen in an US election, considered the strongest and fairest democracy of the world, but now, turned into a banana republic like any third world country.

Also, if I were a casino owner I would remove this category from my spreadsheet to prevent a lot of possible issues and headaches with customers.

[South Park]

I was wondering if after the "Trump vs Biden" US election fiasco... if casinos should still be offering bets on events like that?

The potential for disaster in events like this is always there and when something like this happens... a lot of gamblers get agitated and irritated with the decisions that are made on the outcome of their bets.

Most Sport events and eSport games have a clear winner and loser (individual or team) or it is cancelled... but the outcome are seldom delayed for months. This is causing unnecessary conflict between the gambler and the casino, so I am of the opinion that it should be avoided. 

What do you think?

This is simple as long as there is enough money to be made then casinos are going to keep accepting those bets, people like to bet on political events and I think casinos are going to keep accommodating them, I know that people were not happy with the delayed outcome of this election but the casinos are not at fault, they are as much victims as the gamblers are and from now on both casinos and gamblers will have to take into consideration the possibility of this happening again when they make their bets.

[Lanatsa]

What do you think?

Bookies would still continue to do so specially if it is big and notable events then they will surely not let it pass and also these aren't that often events that happens.

There would be argumentation about late bet results but that would be just sorted out in the end.There are just platforms that do just wait up for some final announcement
before releasing of the results.

It sucks actually since its clearly stated on who did won on the recent election and those after event ruckus are just part of it but it shouldn't
really be accounted on.

[KTChampions]

I was wondering if after the "Trump vs Biden" US election fiasco... if casinos should still be offering bets on events like that?

The potential for disaster in events like this is always there and when something like this happens... a lot of gamblers get agitated and irritated with the decisions that are made on the outcome of their bets.

Most Sport events and eSport games have a clear winner and loser (individual or team) or it is cancelled... but the outcome are seldom delayed for months. This is causing unnecessary conflict between the gambler and the casino, so I am of the opinion that it should be avoided. 

What do you think?

Even in regular football matches, there are nuances in the form of a winner in regulation time and a winner at the end of the match. Many novice bettors are very surprised when they find out about this. I think that in the case of bets on other more complex events, all options are taken into account and there are exact criteria for the occurrence of an event. Therefore, I like these bets.

[crzy]

The result is already in favor to Biden but since Trump can’t accept defeat then we have to wait until January so we can finally hear the real winner. Casinos can still offer that but it will depend to the gambler if they still want to participate or not but for me, this is a useless bet anymore and no more excitement at all.

[rhomelmabini]

What do you think?

Might be good to wait until it pick the clear winner for such event or until the clear winner took an oath. Well, it's just Trump couldn't take that he lost in this election but I think casinos could handle it if ONLY they really wait for the clear winner so that there will be no conflict among the bettors side.

[Viscore]

The result is already in favor to Biden but since Trump can’t accept defeat then we have to wait until January so we can finally hear the real winner. Casinos can still offer that but it will depend to the gambler if they still want to participate or not but for me, this is a useless bet anymore and no more excitement at all.

The result does not based on what Trump think, it's based from the official announcement on whoever will announce it, and since we does not have it yet, then the bets will not be settle, hence the betting is still active though we know that Biden will likely to win by huge chance.

[just_Alice]

I think it's fine as long as the betting website pays you off when the outcome is known. Plus, the delay and anticipation make it even more intriguing, imo. I don't think that casinos should pass on big events like this due to an open ending, it's a great chance to draw a big audience and make advertisements.

[ralle14]

If the casinos are taking a lot of bets from these type of events I don't see why they should stop, in the end they're making more profit by offering these type of bets. It's the same for sports when you bet on a team to win their league it takes months but I doubt it'll get refunded since they usually put big margins on outrights. I hate waiting on bets given that the outcome is already in your favor but that depends on the sportsbook as others are paying out early.

[Lorence.xD]

If the casinos are taking a lot of bets from these type of events I don't see why they should stop, in the end they're making more profit by offering these type of bets. It's the same for sports when you bet on a team to win their league it takes months but I doubt it'll get refunded since they usually put big margins on outrights. I hate waiting on bets given that the outcome is already in your favor but that depends on the sportsbook as others are paying out early.

As long as it is within legal boundaries, I think that it is alright. The only problem that I see here is that they should find an interesting events that will cater global audiences. That in my opinion is the difficult part in these business model, contstantly finding an interesting events. Not to mention that these events should have a foreseeable ending like the end of US election.

[michellee]

I think it's fine as long as the betting website pays you off when the outcome is known. Plus, the delay and anticipation make it even more intriguing, imo. I don't think that casinos should pass on big events like this due to an open ending, it's a great chance to draw a big audience and make advertisements.

That is the important thing that the betting website must do if they want to make another event like that. Without paying their members, their members don't want to bet on their site, and they will search for another betting website to bet. Maybe the betting website should think about the delay of the result, so the gamblers don't have to wait too long to see if they win or lose. But I am sure that the casino will use that big moment to create a bet for people and make it interesting to invite more gamblers to bet on those events. Maybe there will be an exciting event that people can bet after the US election.

[carlisle1]

I think it's fine as long as the betting website pays you off when the outcome is known.

The Legit site will surely Pay because it is their reputation at stake here.

Plus, the delay and anticipation make it even more intriguing, imo. I don't think that casinos should pass on big events like this due to an open ending,

Well they could try since Gambling sites now are preparing other recipe to offer for their Gamblers just to mate new ambiance and experience.

it's a great chance to draw a big audience and make advertisements.

Since i believe this are experimental and trial so yes Making this Known from the gambling community first is one Big steps for success New legacy.

[shoreno]

this is the same as here https://www.betfair.com/exchange/politics/event/28009878/multi-market?marketIds=1.128151441 on that betting site it says the game is still in play . i discovered that on the thread here https://bitcointalk.org/index.php?topic=5288303.msg55704322#msg55704322 .

if your a gambler that dont do a research theres a chance that you can bet on it because you didnt know that the game is already over but if your aware of the matches before you bet you can avoid and its better to avoid to not experience a problem further on . this is the first time i saw that delayed results happen to some gambling sites but i dont think it happens on other games too

[iamsheikhadil]

I think the Trump vs Biden outcome wasn't really open ended as everyone thought, there has never been such thing in recent US politics where the sitting president refuses to simply acknowledge that he lost! If he conceded, this would have been a pretty easy result. However, there are events as you said which are open-ended, I don't think they should be stopped totally, but before placing any bet, the user shall be informed that this bet might lead to a conflict in result at a later stage to which he agrees to wait patiently till outcome becomes clear. It depends on the user if they want to place a bet or not on such events.

[jademaxsuy]

Yes, actually I don't quite understand the term open ending with the presidential election. The answer is clear that PBiden is the newly elected president of the USA. Why would it be considered as open ending when it is already being announce and the election already ended? The result is result but if there will be changes to happen then I suggest to make a clear regulations before betting. So, that whatever unexpectations will going to happen conflict will be avoided. Like the declared winner at the time the election ended should not be change even if there will be a protest against and recounting is needed for example in the election then better start another betting event to whom wll gonna win after the voting recount.