[ad_1]
Mysterious British businessman bets $ 5 million on Donald Trump winning the US presidential election in the ‘largest political bet ever made’
- The financier made his bet with a private bookmaker in Curaçao in the Caribbean
- The man is a former banker and is said to have spoken with ‘members of the Trump camp’
- Experts believe it is the largest number ever made in a political bet so far.
- If his expensive hunch succeeds, he could walk away with almost £ 11.6 million
An anonymous former British banker has bet £ 3.9 million on Donald Trump coming out on top in the US presidential election.
Gambling experts believe the businessman’s huge $ 5 million promise is the largest amount ever wagered on politics.
The financier, who is based abroad and whose name has not been released, made his bet with a private bookmaker in Curaçao, in the Caribbean, after speaking with “experts from Trump camp.”
President Trump is running against Democrat Joe Biden in tomorrow’s election, and polls suggest it will be an exciting finale.
However, if the anonymous businessman’s hunch succeeds, he could walk away with almost $ 15 million or £ 11.6 million.
A source from the gaming industry told The Sun: “Word of this bet has spread and we believe it is the largest ever made in politics.”
An unidentified former British banker has bet £ 3.9 million on Donald Trump (pictured with Vice President Mike Pence) coming out on top in the US presidential election.
Another Brit (pictured with Lady Gaga on Monday) today put £ 1 million into the win for bookmaker favorite Biden, and is set to take £ 1.5 million if he’s right
Three out of four of all the bets submitted in the last week of voting have been on President Trump, revealed the Ladbrokes bookmaker.
Jessica O’Reilly of Ladbrokes said: “Biden looks at home and he’s held down according to bookmakers and pollsters, but even in the last hour bettors continue to back Trump on the odds on offer.”
But not everyone is so confident in that result. Another Briton today put £ 1 million into the win for bookmaker favorite Biden and is set to take £ 1.5 million if he’s right.
People were still rushing to place bets on the eve of Tuesday’s election and Matthew Shaddick, director of political betting at Ladbrokes Coral Group, said he estimated that around a billion pounds would be wagered globally across the industry.
US President Donald Trump’s chances of reelection increased slightly over the weekend, but Biden remained a clear favorite in the online betting markets.
President Trump (pictured) is running against Democrat Joe Biden in tomorrow’s election, and polls suggest it will be an exciting finale.
Bettors on the British stock exchange Smarkets give Biden a 65% chance of winning, while Trump’s prospects improved from 34% to 35%.
The UK-based Betfair Exchange said it also saw Trump’s odds improve to the same level.
The former vice president has a substantial advantage in national opinion polls, although the race is a bit closer in states that are likely to decide the race.
“Florida is one where polls suggest that Biden is the most likely winner, but the (betting) markets have Trump as the favorite,” Shaddick said.
“The Republican Party has tended to beat the polls fairly regularly in that state.”
The pick is on track to be by far the biggest betting event, with £ 271 million wagered so far, Betfair said. He takes bets until the result is announced and expects bets to reach the 400 million pound mark, double the 2016 mark.
Most of the big bets are placed outside of the United States, as political bets are illegal there.
