According to their own conditions, the bet that was made, is settled contrary to the terms.
The terms say that there needs to be a official statement, even if its preliminary, it has to be official.
There is none, the bet is settled on the basis, that the projected winner is J.Biden and there is no reasonable doubt about the results.
Unfortunately there is alot of doubt about the elections integrity, it does not matter what the "media" says, the people have voiced their concerns and multiple lawsuits are being brought to court in Pennsylvania, Arizona, Michigan, Wisconsin, Nevada and more. Supreme Court ordered that the main-in ballots received during the election day and in person ballots MUST be separated, which was not done and a full audit has been ordered and this is one of many cases. https://triblive.com/news/pennsylvania/u-s-supreme-court-justice-orders-pa-counties-to-separate-but-keep-counting-late-arriving-mail-ballots/
Dead people voting, double voting, software errors, legal poll watchers denied to inspect the ballot counting for 24h and many more cases.