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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%4:00 PM EST

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To: Cogito Ergo Sum who wrote (164882)12/17/2020 9:05:16 AM
From: Snowshoe  Read Replies (2) of 217852
 
And so it goes...

Trump Voters Angry That Bookmakers Are Paying Out on Biden's Election Win
newsweek.com

By Matt Cannon On 12/16/20 at 10:39 AM EST

Some 42 days after Election Day, a major bookmaker has finally begun paying out on Joe Biden winning the 2020 presidential election—leaving Donald Trump supporters disappointed.

The decision follows, the Electoral College members officially casting their ballots, faithfully, on Monday, giving Biden 306 votes to Trump's 232. Candidates needed 270 to win.

As a result, Betfair, which has one of the world's largest online betting exchanges, announced it would start paying out the following day.

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Those who backed Trump to win the race have criticized the bookmaker's decision and called for it to reconsider, with one even suggesting legal action.

"My life savings has been placed on Trump to win and the votes have not all been counted, so why are you saying I've lost," one bettor asked the firm on Twitter.

Another Trump backer, wrote of Betfair: "I placed 100K€ and THEY GOT TO PAY ME IF TRUMP WINS!!!"

Suggesting a "class action law suit" against Betfair's decision, another posted: "They promised not to settle until all legal actions where settled. There is currently several legal lawsuits pending."
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