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Politics Betting Rules
Politics Betting Rules
Jay avatar
Written by Jay
Updated over a week ago

POLITICS

  1. All wagers will be determined using the official result as declared by the local Electoral Commission or a similar official body.

  2. The official electoral body that will determine results will be specified for individual political wagers.

  3. Where no official result from an Electoral Commission or similar official body is available, the result will be determined by using information from independent sources.

  4. Spanish Politics: For the purposes of the general election, PSOE and PP will be understood as the parties and their regional affiliates (e.g. PSC-PSOE).

  5. Canadian Politics: For the purposes of the federal election, the following colloquialisms apply:

  6. If we provide a stipulation that a candidate "must announce", that means there will only be action if that candidate officially announces he will run for that office.

  7. For all elections, wagers will be graded upon an official result as described above. Once the result is official and wagers are graded, any circumstance (death, illness, etc.) will have no bearing on the already graded wagers.

  8. For all 2020 USA Presidential election bets made on or after 3/17/20, both Donald Trump and Joe Biden must be viable nominees for their respective parties on election day, in order to have action.​

  9. All bets are settled on the winner of the election and not on the person who is inaugurated.

  10. Bets on Total U.S. Electoral College Votes will be settled based on the vote in each state (and in each Congressional district in Maine and Nebraska) on the day of the election, and not on the actual meeting of the electoral college.


    Presidential Election Winner (Trump v Harris)

    Presidential Election Winner markets will be settled according to which candidate wins the 2024 United States Presidential election.

    The source for settlement will be Fox News, ABC News, and the Associated Press. Once all three sources have reported the same candidate as winner of the 2024 US election, the market will be settled. If all three sources do not report the same candidate as the winner of the 2024 US election by the 2025 Inaguration date (January 20, 2025), the market will settle according to which candidate is inaugurated.

    Trump and Harris Debate by September 21, 2024

    This market will be settled as “Yes” if Donald Trump and Kamala Harris debate for the 2024 US presidential race by September 21, 2024, 11:59 PM ET. An in-person, or virtual debate will count towards settlement of the market as “Yes”. If both candidates agree to a debate, but do not participate, the market will be settled as “No”.

    In the event that either candidate is unable to participate in a debate as a result of their death, the market will be voided and stakes returned.

    The source for settlement of this market will be footage of the debate.

    Popular Vote Winner (Republicans v Democrats)

    This market will be settled according to which party wins the Popular Vote in the 2024 US presidential election.

    The source for settlement will be a consensus of credible sources reporting on the party who has won the Popular Vote in the 2024 US presidential election.

    Trump Election Odds Movement

    Trump Odds Movement markets will be settled according to whether Trump's odds of winning the 2024 US presidential election are above or below the odds listed in the market on the date and time listed on the market. For example, the market “Over 51.5% vs. Under 51.5%”, September 1, 2024, 11 AM ET would settle as Over 51.5% if Donald Trump's odds of winning the 2024 US presidential election were greater than 51.5% at 11 AM ET, September 1, 2024. In the event that there is a tie between the over and under, the market will be settled as a push and stakes will be returned.

    Source for settlement will be the average of the last data point before expiry and the first data point after expiry (rounded to 1 decimal place) on Trump's election odds from: https://electionbettingodds.com/.

Trump and Harris Shake Hands

This market will settle as “Trump and Harris Shake Hands’ if Donald Trump and Kamala Harris shake hands at any time before, during, or immediately after the presidential debate scheduled to take place on September 10th, 2024. If the debate is cancelled, postponed, or the two candidates do not shake hands, the market will be settled as “OTHER”.

The source for settlement will be footage of the debate.

​Presidential Debate - Trump Mentions Markets

Trump mentions markets will be settled according to whether or not Donald Trump says [phrase] or not at any point during the September 10th, 2024 presidential debate in the 2024 election cycle.

Pluralization/possessive of the phrase will count toward the settlement of this market, however other forms will not. The settlement source for this market will be live video of the debate, as well as official transcripts if needed.

Presidential Debate - Harris Mentions Markets

Harris mentions markets will be settled according to whether or not Kamala Harris says [phrase] or not at any point during the September 10th, 2024 presidential debate in the 2024 election cycle.

Pluralization/possessive of the phrase will count toward the settlement of this market, however other forms will not. The settlement source for this market will be live video of the debate, as well as official transcripts if needed.

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