If a winner is announced , then all bets will be settled tomorrow?

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  • crzbrave
    SBR Wise Guy
    • 01-24-09
    • 755

    #1
    If a winner is announced , then all bets will be settled tomorrow?
    "Who will win the 2020 presidential election?" This is the wording of the bet.

    If a winner is announced tomorrow, will betonline and other books pay out ?
  • crzbrave
    SBR Wise Guy
    • 01-24-09
    • 755

    #2
    When will bets be settled do you guys think?
    Comment
    • rm18
      SBR Posting Legend
      • 09-20-05
      • 22291

      #3
      Might try to wait until electors vote it depends on the book.
      Comment
      • ChiLLx
        SBR Hall of Famer
        • 12-24-11
        • 5412

        #4
        There is no winner until the opponent concedes defeat. The books will try to settle quickly though so they don't have to worry any longer
        Comment
        • ChiLLx
          SBR Hall of Famer
          • 12-24-11
          • 5412

          #5
          So if you think the media "declares" a winner it's official?
          Comment
          • crzbrave
            SBR Wise Guy
            • 01-24-09
            • 755

            #6
            I guess not, just trying to figure out how long our money we wagered on this craziness will be tied up?
            Comment
            • ChiLLx
              SBR Hall of Famer
              • 12-24-11
              • 5412

              #7
              Originally posted by crzbrave
              I guess not, just trying to figure out how long our money we wagered on this craziness will be tied up?
              If you believe Trump at his word, then the next couple of months
              Comment
              • themike78
                SBR MVP
                • 07-01-13
                • 4873

                #8
                Very high chance this won't be official until the end of December. If 1 of the remaining states officially claims Biden winner he will have 270 and technically win the election. That probably wont happen until next week because they are still counting the ballots. Even then most likely recounts in several states and that can take 10 days. However Trump said he will appeal so It could go to court for weeks. Some books might pay if States declare winner. Some might wait until after all the court hearings.
                Comment
                • themike78
                  SBR MVP
                  • 07-01-13
                  • 4873

                  #9
                  Originally posted by ChiLLx
                  There is no winner until the opponent concedes defeat. The books will try to settle quickly though so they don't have to worry any longer
                  Thats not really true. There is no law that states a President has to concede at all. It's just the polite thing to do. If Biden is declared official winner by electors and courts then Trump has to leave the White House but he doesn't ever have to concede.
                  Comment
                  • Choi The Gamer
                    SBR Hustler
                    • 10-04-20
                    • 75

                    #10
                    Originally posted by themike78
                    Thats not really true. There is no law that states a President has to concede at all. It's just the polite thing to do. If Biden is declared official winner by electors and courts then Trump has to leave the White House but he doesn't ever have to concede.
                    Not a law. Just like an elector voting for the same party the voters 'instructed' him/her to vote for is not a law. I read somewhere it's perfectly legal and MAXIMUM fine for voting the opposite is a thousand US Dollars.
                    Comment
                    • johnnyvegas13
                      BARRELED IN @ SBR!
                      • 05-21-15
                      • 27818

                      #11
                      Could b in for a long limbo buddy
                      Comment
                      • Brock Landers
                        SBR Aristocracy
                        • 06-30-08
                        • 45360

                        #12
                        Originally posted by ChiLLx
                        There is no winner until the opponent concedes defeat. The books will try to settle quickly though so they don't have to worry any longer
                        That isn't even remotely accurate
                        Comment
                        • RudyRuetigger
                          SBR Aristocracy
                          • 08-24-10
                          • 65086

                          #13
                          Originally posted by Brock Landers
                          That isn't even remotely accurate
                          tell us what is accurate before i have to
                          Comment
                          • BuckyOne
                            SBR MVP
                            • 01-02-15
                            • 2728

                            #14
                            Originally posted by ChiLLx
                            There is no winner until the opponent concedes defeat. The books will try to settle quickly though so they don't have to worry any longer
                            Al Gore rescinded his concession / I don't think it is over until the electoral votes get officially cast.
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388189

                              #15
                              yes
                              Comment
                              • crzbrave
                                SBR Wise Guy
                                • 01-24-09
                                • 755

                                #16
                                Originally posted by ChiLLx
                                If you believe Trump at his word, then the next couple of months
                                Every other thing out of his mouth is a lie for years... I can't believe anything he says? I don't think he had covid, tried to get sympathy.
                                Cuz he knew he was going to lose.

                                He has been setting up this lie about fraud for months, by everything he did.

                                That being said, there is a clear-cut winner voted by the people .
                                Joe Biden.

                                Will bets get settled today ?
                                Comment
                                • crzbrave
                                  SBR Wise Guy
                                  • 01-24-09
                                  • 755

                                  #17
                                  $$$
                                  Comment
                                  • Snowball
                                    BARRELED IN @ SBR!
                                    • 11-15-09
                                    • 30042

                                    #18
                                    Electoral College December
                                    Comment
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