Biggest political bet in history. Punter risks 5 million on Trump win

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Biggest political bet in history. Punter risks 5 million on Trump win

An anonymous bet registered on the Carribean island of Curacao for the odds of 37/20 has been made by a British punter. ‘Word of this bet has done the rounds and we think it’s the biggest ever made on politics.’ a betting agency said. 

Political bets although not allowed in the United States where one of the most anticipated outcomes in history will soon unfold is very popular in the United Kingdom and many other countries around the world. Although the polls have mostly all unanimously favored Joe Biden the Democratic Candidate as a sure winner, betters are putting their money and lots of it on a Donald Trump win. Paddy Power bookmakers have said that: ‘93% of wagers had been put on Trump over the previous 24 hours.’ The trend towards Trump is a repeat of betting preferences seen in 2016 when Trump was running for President against Hilary Clinton. 

If Trump does win, the $5million bet could turn into a $15million windfall. It has been reported that the individual consulted with ‘Trump camp insiders’  before placing the huge amount on the President. 

USA Today has reported that the 2020 presidential election is expected to involve more than 1 billion in offshore bets. The majority of these gamblers seem to have a lot of faith that Trump will pay out for them and big and if not for one at least the losses will be in the millions. 

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