A British player has wagered $ 5 million on President Trump’s re-election in what is believed to be the biggest political bet ever.
According to the Sun, the former banker used private bookmakers registered on the Caribbean island of Curacao and was able to secure a 37/20 odds, meaning he will receive a payout of $ 15 million if Trump is victorious .
Apparently, the high roller decided to place the gargantuan bet after a private consultation with “insiders from the Trump camp”.
“News of this bet has been around and we believe it is the biggest ever made in politics,” an industry source told the newspaper.
According to the gambling comparison site OddsChecker, 71% of the money wagered on the election result was in favor of Trump more than four hours this morning, a figure which represents a “remarkable” swing according to the marketing manager. of the site, Sam Eaton.
“The 2020 election follows a betting pattern very similar to the one we saw in 2016. The closer we get to Election Day, the more money has come for Donald Trump,” Eaton said.
It is normal for part-time players to make late bets on the underdog, who polls say is Trump, as they are guaranteed higher returns.
However, according to Paddy Power, the numbers are huge with 93% of bets placed on a Trump win in the past 24 hours.
“Even at the eleventh hour, the bettors continue to support Trump at odds,” Ladbrokes’s Jessica O’Reilly said.
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