For the complete documentation index, see llms.txt. This page is also available as Markdown.

U.S. Presidential Election 2024

Following are the rules for the presidential election market found here: https://www.betdex.com/events/usec/use/8BvRQS5PpYypVkQ2fUTHms66E5V6criXL9hWuixMVgZo?market=8tLW1651KWjAs3E5q1PNKHZdFGUcqKZZeXzKnTSUbG25

This market will be settled according to the candidate that has the most projected Electoral College votes won at the 2024 presidential election. In the event that no Presidential candidate receives a majority of the projected Electoral College votes, this market will be settled on the person chosen as President in accordance with the procedures set out by the Twelfth Amendment to the United States Constitution. This market will be settled once both the projected winner is announced by the Associated Press and the losing candidate concedes. If the losing candidate does not concede, or if there is any uncertainty around the result (for instance, caused by recounts and/or potential legal challenges), then the market will be settled on the winner decided by Congress, on the date on which the Electoral College votes are counted in a joint session of Congress. This market will be void if an election does not take place in 2024. If more than one election takes place in 2024, then this market will apply to the first election that is held. Once voting (whether postal, electronic or at the ballot box) begins in the year 2024 for the US Presidential Election 2024, the election will be deemed to have taken place for the purposes of this market. We will then settle the market as per our rules regardless of whether the election process is fully completed in 2024 or beyond. If there is any material change to the established role or any ambiguity as to who occupies the position, then BetDEX may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. BetDEX reserves the right to wait for further official announcements before the market is settled. BetDEX expressly reserves the right to suspend and/or void any and all bets on this market at any time if BetDEX is not satisfied (in its absolute discretion) with the certainty of the outcome. BetDEX may suspend betting on the market at any time in the interests of maintaining integrity and fairness in the markets. Please note that candidates in this market will not be partially settled and will remain in the market until it is fully settled. This is to allow customers to continue trading candidates that they have positions on and because each candidate is still a valid runner in this market. If any candidate withdraws for any reason, including death, all bets on the market will stand and be settled as per the defined rules.

Last updated