Home Business NewsBritish banker bets $5m for Trump to win US election

British banker bets $5m for Trump to win US election

by LLB staff reporter
3rd Nov 20 2:35 pm

An anonymous former banker and British businessman has bet $5m on 37/20 odds on Trump to win the US election.

The British businessman place the wager at a private bookies on the Caribbean island of Curacao, which is also believed to have made history as it is thought this is the largest politics wager ever placed.

A source from the betting industry told The Sun newspaper, โ€œWord of this bet has done the rounds and we think itโ€™s the biggest ever made on politics.โ€

If the wager is won, then the Brit will be paid a whopping $15m in winnings.

Gambling firm GVC has said that the bets being placed for the 2020 US Presidential Elections are โ€œtwice as big as 2016, easily making it the biggest political event ever.โ€

British bookie Betfair Exchange also announced that an anonymous wager of ยฃ1m was placed on the Presidential hopeful, Joe Biden.

A Ladbrokes spokeswoman told The Sun, โ€œBiden looks home and hosed according to the bookies and pollsters, but even at the eleventh-hour punters are continuing to back Trump at the odds on offer.โ€

So far $337m has been waged on the 2020 US Presidential election.

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