Quote:
Originally Posted by lamboguy
Betfair did close to $1billion in matched bets on this presidential election and says they will not pay it off until there is an official result to it. they are probably making a fortune on the float of the money they took in and are probably in no rush to settle the bets.
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Why would they payoff. There is still a market for suckers willing to lose their money. There is money to be made.
Biden 1.05
Trump 19.5
6 million against biden winning @ 1.05
3 million for biden winning @ 1.06
Faith springs eternal for trump bettors.
Allan