3 ms·

There's always outside risk that Biden never becomes president, that's where your 14p profit comes from.

mschuster91 6y ago
I'm German, I get a 404 on the original post - what is the exact wording of the bet? That Biden does not get elected President, or that he gets elected by the EC but effectively not assumes the office of President (e.g. due to a putsch/other form of emergency law, a SC decision, being arrested, being assassinated, dying of coronavirus, the EC election being delayed/cancelled due to coronavirus...)?
- 1123581321 6y ago
  Here’s the text: “This market will be settled according to the candidate that has the most projected Electoral College votes won at the 2020 presidential election. Any subsequent events such as a ‘faithless elector’ will have no effect on the settlement of this market. In the event that no Presidential candidate receives a majority of the projected Electoral College votes, this market will be settled on the person chosen as President in accordance with the procedures set out by the Twelfth Amendment to the United States Constitution. This market will be void if an election does not take place in 2020. If more than one election takes place in 2020, then this market will apply to the first election that is held. 10/03/2020 10:30am – Once voting (whether postal, electronic or at the ballot box) begins in the year 2020 for the US Presidential Election 2020, the election will be deemed to have taken place for the purposes of this market. We will then settle the market as per our rules regardless of whether the election process is fully completed in 2020 or beyond. If there is any material change to the established role or any ambiguity as to who occupies the position, then Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled. Betfair expressly reserves the right to suspend and/or void any and all bets on this market at any time if Betfair is not satisfied (in its absolute discretion) with the certainty of the outcome. Additional candidates may be added to this market on request. Please note that candidates in this market will not be partially settled and will remain in the market until it is fully settled. This is to allow customers to continue trading candidates that they have positions on and because each candidate is still a valid runner in this market. Customers should be aware that: Transmissions described as “live” by some broadcasters may actually be delayed. The extent of any such delay may vary, depending on the set-up through which they are receiving pictures or data. Please note, due to internal administrative procedures, the indicated start date/time of this market is subject to change. This will have no impact on settlement as detailed in our market specific rules. Any changes to the start time/date will be recorded in the market rules. 16:00 17/06/2020 –Market rules have been updated to reflect new information above.. If any candidate withdraws for any reason, including death, all bets on the market will stand and be settled as per the defined rules (Updated - 20/06/2020) The start time has been changed to reflect the first polls opening on Election Day Updated 02/11/2020

I'm German, I get a 404 on the original post - what is the exact wording of the bet? That Biden does not get elected President, or that he gets elected by the EC but effectively not assumes the office of President (e.g. due to a putsch/other form of emergency law, a SC decision, being arrested, being assassinated, dying of coronavirus, the EC election being delayed/cancelled due to coronavirus...)?

1123581321 6y ago
Here’s the text: “This market will be settled according to the candidate that has the most projected Electoral College votes won at the 2020 presidential election. Any subsequent events such as a ‘faithless elector’ will have no effect on the settlement of this market. In the event that no Presidential candidate receives a majority of the projected Electoral College votes, this market will be settled on the person chosen as President in accordance with the procedures set out by the Twelfth Amendment to the United States Constitution. This market will be void if an election does not take place in 2020. If more than one election takes place in 2020, then this market will apply to the first election that is held. 10/03/2020 10:30am – Once voting (whether postal, electronic or at the ballot box) begins in the year 2020 for the US Presidential Election 2020, the election will be deemed to have taken place for the purposes of this market. We will then settle the market as per our rules regardless of whether the election process is fully completed in 2020 or beyond. If there is any material change to the established role or any ambiguity as to who occupies the position, then Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled. Betfair expressly reserves the right to suspend and/or void any and all bets on this market at any time if Betfair is not satisfied (in its absolute discretion) with the certainty of the outcome. Additional candidates may be added to this market on request. Please note that candidates in this market will not be partially settled and will remain in the market until it is fully settled. This is to allow customers to continue trading candidates that they have positions on and because each candidate is still a valid runner in this market. Customers should be aware that: Transmissions described as “live” by some broadcasters may actually be delayed. The extent of any such delay may vary, depending on the set-up through which they are receiving pictures or data. Please note, due to internal administrative procedures, the indicated start date/time of this market is subject to change. This will have no impact on settlement as detailed in our market specific rules. Any changes to the start time/date will be recorded in the market rules. 16:00 17/06/2020 –Market rules have been updated to reflect new information above.. If any candidate withdraws for any reason, including death, all bets on the market will stand and be settled as per the defined rules (Updated - 20/06/2020) The start time has been changed to reflect the first polls opening on Election Day Updated 02/11/2020