It also fails to define what projection it is based on (so it could be ‘projected by Donald J Trump’ for all that is specified), and further says: “If there is any material change to the established role or any ambiguity as to who occupies the position, then Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled.”

The rules are woefully ambiguous.