In what is believed to be the biggest political bet ever, a British gambler has reportedly staked $5 million on President Donald Trump winning the 2020 US presidential election.
The unnamed man who is a former banker used private bookies registered on the Caribbean island of Curacao for his risky gamble on Tuesday’s election, the Sun UK reported.
A friend of the financier said he had consulted with “Trump camp insiders” before making the high-risk bet that could net him a cheque of almost $15million on 2.85 return.
A betting industry source told The Sun: “Word of this bet has done the rounds and we think it’s the biggest ever made on politics.”
It also emerged that an unnamed person in the UK placed has put $1million on Joe Biden beating incumbent Donald Trump. If Biden wins the contentious race against Trump, the bet-placer will get $1,986,903, British bookmaker Betfair Exchange said.
And Paddy Power said the volume of wagers placed on the two candidates over the last 24-hours has seen 93 per cent of the money backing Donald Trump to get a second term, with just 7 per cent going for Joe Biden.
The unnamed man who is a former banker used private bookies registered on the Caribbean island of Curacao for his risky gamble on Tuesday’s election, the Sun UK reported.
A friend of the financier said he had consulted with “Trump camp insiders” before making the high-risk bet that could net him a cheque of almost $15million on 2.85 return.
A betting industry source told The Sun: “Word of this bet has done the rounds and we think it’s the biggest ever made on politics.”
It also emerged that an unnamed person in the UK placed has put $1million on Joe Biden beating incumbent Donald Trump. If Biden wins the contentious race against Trump, the bet-placer will get $1,986,903, British bookmaker Betfair Exchange said.
And Paddy Power said the volume of wagers placed on the two candidates over the last 24-hours has seen 93 per cent of the money backing Donald Trump to get a second term, with just 7 per cent going for Joe Biden.
