There was no logical reason to pay out early and was clearly an emotional decision by stake and now they're looking to make it difficult for Trump bettors by adding scenarios and conditions that shouldn't be applied because if everyone was waiting, there would be no "invalid" scenario. This is quite concerning and should not take place as I don't see any of these conditions on any mainstream legit betting platform and markets. predictit, paddy p, william h, betfair, are ALL either open or frozen waiting for congress to settle this afaik.
No logical reason? Are you living under a rock or something? Majority of the world has already acknowledged Biden and Harris as the POTUS and VP. Even the official results are matching the projections currently. This isn't similar to Gore vs Bush.
Books like Stake, Sportsbet etc who paid out Biden bets early are being applauded for taking risks and have improved their overall reputation while the books and exchanges that you mentioned are being criticised for late payments.^^
Totally agreed with you on this point!
The ones who have not settled as of yet are taking a massive risk of alienating their customers with withholding their bets due to their odds providers not giving them the O.K to release those bets on biden.
I am personally starting to question these sportsbook websites which do not and their motivations behind it.
So they are going to hold players funds until February if necessary due to those who they hold a license with? This will only cause those players to move over to the sites that don't act like banks with freezing your funds due to so called
investigating.
Come on now! This is just outrageous.
To me Stake did the correct and proper thing to keep customer relations in good standing.
Unlike Pinnacle held sportsbooks.