Not that long ago, the electoral college finally cast its votes, all but securing Joe Biden’s position as president of the United States. Surprising or not, Donald Trump continues to talk about election fraud conspiracies, building a significant following for his claims. He even took into consideration the possibility of refusing to leave the White House on inauguration day, apparently convinced that his struggle is legitimate. In reverse, Biden hopes that Trump will accept the reality of his loss and will put a stop to his efforts to overturn the will of the majority of American voters.
Donald Trump’s effort to win the presidential election hasn’t met with success. Despite the fact that he won more than 70 million votes, the second-highest in American history, it wasn’t enough to defeat Joe Biden. Many lost a great deal of money betting that Trump would be victorious and, needless to say, are disappointed with the outcome. Gambling sites closed the books on Monday, right after the Electoral College ascertained Biden’s victory. While Trump refuses to concede, being involved in litigation, bettors are convinced that Trump is the real winner of the 2020 election.
Regrettably, the betting markets haven’t been good predictors, although they tried to. Trump was never a 100 percent favorite, yet sportsbooks were on his side. Right now, punters are calling out fraud, challenging the outcome of the election, although the official figures indicate something else. The claims have no legal standing. We’re dealing with a lot of misinformation and disinformation. The 2020 election has undoubtedly been the most significant event in terms of online betting. People have wagered in record numbers. Some are still waiting for their money.
Just to be clear, bets involving politicians aren’t legal in the United States. Sportsbooks are prohibited from offering odds on politics. The election odds that can be found online are solely for entertainment purposes. It’s similar to Dota 2 betting in the sense that people do it for the thrill and they’re not concerned about how much money they can win. Only gambling companies licensed overseas provide the chance to wager on the outcome of political events. People from abroad have actively engaged in betting on the presidential race. Owing to the fact that political wagering is growing in popularity, it might be made legal for the 2028 presidential election.
To sum up, Donald Trump isn’t the only one disappointed with the presidential elections. A significant majority of people voted for him and would do so again. What is more, people from all parts of the world bet on the mega victory that never came, some of them losing their life savings. It seems that the betting odds aren’t more reliable than polling. This year, there has been a great deal of change and drama in the world of politics. Joe Biden’s victory has touched all our lives and it’s expected that the following year will be even more dramatic. Biden’s presidency could change US relations and even contribute to the global climate battle.