How do you read that as them ruling Trump as losing? The VERY first line is:
"The United States Presidential Election has yet to be officially decided"
and then later they state that if Trump emerges victorious that they'll pay those bettors off in full.
The only concerning thing about it is that they're trying to get the Trump bettors to think they've been paid off and then gamble with their winnings. If anything, I would read it as a hedge by them on having to pay out all the Trump bettors by giving them a way to "withdraw" their wins after betting (and potentially losing) on other bets before being able to withdraw. Anyone in the industry knows that having to roll over your money by betting it 3 times is just a way for them to gain back most of that "freeplay" money.
Re-read my original post.
Bovada has Trump noted as losing, not MyBookIe.ag (the screenshot I posted)...
“Bovada has graded Joe Biden as the winner of the 2020 Presidential Election,” Bovada communications director Ross Stevens told OG News on Tuesday. “In the unlikely event that Donald Trump is later named winner in a state race or gains enough electoral votes to capture the Presidency, we will re-grade those results.”
This sounds like a ploy to keep the cash flowing & to keep degenerate gamblers betting (primarily on sports ie. football, basketball, etc.). Free Plays with rollovers (in this case 3x) are typically a scam with a low likelihood of cashing out because bettors will lose the money on a shit sportsbet before reaching the rollover requirement. They know what they're doing. The only good news is that if you're patient and Trump does win, looks like this book will get you the payout.
PreditIt closed a bunch of markets and people are flipping out saying there are pending lawsuits in the state markets and others that they closed, by law the election isn't over.
Technically they're right, I took a bath also. Quite frustrating....
I checked and the President, VP, and Party markets have not been closed. Also the related markets I'd bought into (Manafort Clemency in 1st term as well as Giuliani Pardon in 2020) are not currently closed either. The related markets obviously couldn't really be closed anyway, but I did breathe a sigh of relief that they did not close those markets.
Wow, so Bodog quietly closed Trump bets on 11/24. I just checked now to see if anything changed from yesterday and the Electoral College and some bets open based on state margin of victory were called.
I had no idea what triggered to call on the bets on 11/24. I can't even remember now what was the news trigger that decided it.
Difficult now to even backtrack to build a case.
Lots of money gone...
Can you elaborate? My apologies as I am not in on the joke. PM if needed.Is off shore sports gambling legal in Canada? If I’m not mistaken it’s illegal, those charges probably should be disputed.....
Can you elaborate? My apologies as I am not in on the joke. PM if needed.
I believe bodog is legal in Canada as to how else would they support Canadian wire-transfers via Interac which is a shared program of the Big 5 Banks here? The Big Banks get fractional cuts from each wire transfer - massive racket.
PredictIt have inexplicably settled these two markets (for Biden/Democrats):
Which party will win the 2020 U.S. presidential election?
Who will win the 2020 U.S. presidential election?
I reached out to their customer service pointing out that the process has not yet completed. I will update with what they state.