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Gambling sites refuse to call election for Biden, leaving $600 million in limbo

Donald Trump is not the only one who adamantly refuses to credit Joe Biden with winning the 2020 presidential election.

Honchos at online gambling sites around the world, which take wagers on election outcomes, are also refusing to call Biden president-elect, despite the final tallies in his favor in what’s been called a historically secure election. Now, millions of dollars in gamblers’ wins and losses reside in the balance.

At one site alone, London-based Betfair, nearly $600 million in presidential wagers are hanging tight.

Bookmakers typically have no qualms about coughing up big bucks when Super Bowls go sideways or boxing matches go to hell. In 1990, Buster Douglas shocked the world by knocking out mighty Mike Tyson, defying odds as high as 42-1 and leading one gambler to win $57,000 on a $1,500 wager (before the disparity even peaked). But this time, online gambling sites (which offer a mode of betting that is illegal in the US) are keeping hands in pockets during this month’s commander-in-chief stalemate.

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2 thoughts on “Gambling sites refuse to call election for Biden, leaving $600 million in limbo”

  1. bookies are going to lose a ton of money on this election,the cheaters don`t need to be afraid of the trump lawsuits but they damn sure better be afraid of the bookies that are being cheated out of billions. JFK pissed off the wrong people and you saw what happened to him, and I think biden and the democrats just pissed off those same people by causing them to lose billions.

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