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After just a few hours, U.S. election bets put on hold by appeals court ruling

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After just a few hours, U.S. election bets put on hold by appeals court ruling
News

News

After just a few hours, U.S. election bets put on hold by appeals court ruling

2024-09-14 03:23 Last Updated At:03:41

ATLANTIC CITY, N.J. (AP) — Just hours after it began, legal betting on the outcome of U.S. Congressional elections has been put on hold by a federal appeals court.

The Court of Appeals for the District of Columbia Circuit issued an order Thursday night temporarily freezing the matter until it can consider and rule on the issue. No timetable was initially given.

The court acted at about 8:30 p.m. Thursday, mere hours after a federal judge cleared the way for the only bets on American elections to be legally sanctioned by a U.S. jurisdiction.

U.S. District Court Judge Jia Cobb permitted New York startup company Kalshi to begin offering what amounts to bets on the outcome of November elections regarding which parties win control of the House and Senate.

The company's markets went live soon afterwards, and Kalshi accepted an unknown amount of bets, which it called “contracts.”

The Thursday night order put a halt to any further such bets. What might happen to those already made was unclear Friday.

Neither Kalshi nor the commission immediately responded to messages seeking comment Friday.

The ruling came after the Commodity Futures Trading Commission appealed Cobb's ruling, warning that allowing election bets, even for a short period of time, risked serious harm from people trying to manipulate the election for financial purposes.

Prices on Kalshi’s so-called predictive contracts varied during the afternoon and early evening hours during which they were live on Thursday. At one point, a bet on the Republicans to win control of the Senate was priced at 76 cents; a $100 bet would pay $129. A bet on the Democrats to win control of the House was priced at 63 cents, with a $100 bet paying out $154.

The elections category under which they had been posted Thursday was missing from the company's website Friday afternoon.

Follow Wayne Parry on X at www.twitter.com/WayneParryAC

People watch the presidential debate between Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris at a 97-year-old movie theater Tuesday, Sept. 10, 2024, in Shawnee, Kan. (AP Photo/Charlie Riedel)

People watch the presidential debate between Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris at a 97-year-old movie theater Tuesday, Sept. 10, 2024, in Shawnee, Kan. (AP Photo/Charlie Riedel)

People watch the presidential debate between Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris, Tuesday, Sept. 10, 2024, at the Gipsy Las Vegas in Las Vegas. (AP Photo/John Locher)

People watch the presidential debate between Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris, Tuesday, Sept. 10, 2024, at the Gipsy Las Vegas in Las Vegas. (AP Photo/John Locher)

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Blake Snell gets 12 Ks as Giants blank skidding Orioles 10-0

2024-09-18 12:54 Last Updated At:13:00

BALTIMORE (AP) — Blake Snell struck out 12 over six innings and allowed just one hit to carry the San Francisco Giants past the faltering Baltimore Orioles 10-0 on Tuesday night.

The Orioles have lost seven of nine to fall four games behind the first-place Yankees in the AL East. Baltimore held a half-game lead on Sept. 5 before its current tailspin, during which it has been outscored 46-18.

Colton Cowser had two of the Orioles' five hits in their most lopsided shutout loss of the season.

“We've been scuffling offensively,” Orioles manager Brandon Hyde said. “We had a tough night.”

In this one, the Giants got the only run they needed when Mike Yastrzemski drove the second pitch from Orioles starter Albert Suárez (8-6) over the right-field wall. Yastrzemski added an RBI single in the second after a sacrifice fly by Brett Wisely, and Snell had no problem making the lead stand up.

“Getting runs early on, it feels good to pitch with a lead,” Snell said. “You can be more aggressive.”

Facing a Baltimore lineup without several injured starters, Snell (4-3) flashed the form that enabled him to win the 2023 NL Cy Young Award. The left-hander had at least two strikeouts in every inning but the fourth, and made up for it by striking out the side in the fifth.

“We faced one of the better pitches in the game, and we didn't swing the bats well against him,” Hyde said.

Snell struck out All-Star Gunnar Henderson three times, the last one in the sixth to culminate his 98-pitch masterpiece.

“Gunnar. Changeups. He just struggles with them," Snell said. “A lot of lefties do.”

Snell waked two, and the only hit he allowed was a solid third-inning single up the middle by Emmanuel Rivera.

“I like where I was at mentally today,” Snell said.

Since his return from the injured list on July 9 following a groin strain, Snell is 4-0 with a 1.33 ERA with 105 strikeouts in 74 1/3 innings.

“The guy's unbelievable. He's on top of it right now,” Yastrzemski said. “He's a special pitcher. It's pretty cool to see how dominant he can be.”

San Francisco turned the game into a rout with a six-run ninth against Craig Kimbrel, who long ago lost his job as Baltimore's closer due to ineffectiveness.

The Giants snapped a four-game losing streak to begin their final road trip of the season.

TRAINER'S ROOM

Giants: SS Tyler Fitzgerald returned to the starting lineup after missing three games with lower back tightness. ... INF Matt Chapman headed home to be with his wife, who was ready to give birth.

Orioles: INF Jordan Westburg (hand) took batting practice and is expected to return before the end of the regular season, general manager Mike Elias said. ... 1B Ryan Mountcastle (wrist) is working out in Florida and has a chance to return before October. ... INF Ramón Urías (ankle sprain) could come off the IL before the end of the season, Elias said. ... RHP Grayson Rodriguez (lat strain) is making progress. But Elias said, “Time and the calendar is not our friend.”

UP NEXT

Hayden Birdsong (3-5, 4.74 ERA) starts for the Giants against Dean Kremer (7-9, 4.10 ERA) on Wednesday night.

AP MLB: https://apnews.com/hub/mlb

San Francisco Giants second baseman Donovan Walton (18) dives to field a ball hit by Baltimore Orioles' Anthony Santander to make the throw to first baseman LaMonte Wade Jr. for the out during the second inning of a baseball game, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants second baseman Donovan Walton (18) dives to field a ball hit by Baltimore Orioles' Anthony Santander to make the throw to first baseman LaMonte Wade Jr. for the out during the second inning of a baseball game, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

Baltimore Orioles starting pitcher Albert Suarez delivers during the first inning of a baseball game against the San Francisco Giants, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

Baltimore Orioles starting pitcher Albert Suarez delivers during the first inning of a baseball game against the San Francisco Giants, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants' Grant McCray slides into first base after running through on a single line drive during the fourth inning of a baseball game against the Baltimore Orioles, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants' Grant McCray slides into first base after running through on a single line drive during the fourth inning of a baseball game against the Baltimore Orioles, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants' Grant McCray advances toward home plate to score on an RBI single hit in by Donovan Walton during the fourth inning of a baseball game against the Baltimore Orioles, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants' Grant McCray advances toward home plate to score on an RBI single hit in by Donovan Walton during the fourth inning of a baseball game against the Baltimore Orioles, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants starting pitcher Blake Snell delivers during the first inning of a baseball game against the Baltimore Orioles, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

San Francisco Giants starting pitcher Blake Snell delivers during the first inning of a baseball game against the Baltimore Orioles, Tuesday, Sept. 17, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough)

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