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According to CNN on November 2, a £ 1 million ($ 1.29 million) stake was placed on the Betfair Exchange on October 29. This betting platform allows players to bet on their own, making it the largest betting platform in the world.
The person who bets £ 1 million will receive £ 540,000 if Mr. Biden is chosen. Biden’s probability of winning is 65%, while President Donald Trump’s is 35%. This is better for President Trump than it was last week, when his chances of winning were just 33.3%. Exploration signature Five thirty eight President Trump’s chance of winning is only 10%.
The stakes at Biden are the third largest bet in Betfair history. Of the top 10 Betfair bets above (all sports bets), all bettors win.
Betfair’s biggest political gamble before was a £ 555,000 streak, betting Mr Trump to win the 2016 election.
US law does not allow election-related gambling, but the UK gambling market is very keen on this year’s election. According to CNN, this may be the riskiest event in history. As of November 2, the total bets related to the US elections on Betfair were 274 million pounds. The manager estimated that the amount could rise to £ 400 million, double the total stake in 2016.
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Biden continues to accelerate ahead of President Trump in the Midwest states |
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