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The anonymous British businessman bet 3.9 million pounds sterling at a bookmaker on the Caribbean island of Curaçao.
The stakes are possibly the highest in political markets, according to the newspaper. Sun citing sources in the British gambling industry.
If President Trump is re-elected, the businessman will receive around 11.6 million pounds.
According to bookmaker Ladbrokes (UK), 3 out of 4 bets in the last week went to President Trump.
Candidate Biden campaigning at Riverside High School in Durham, North Carolina, on October 18, 2020 |
However, there was also a person in the UK who had bet £ 1 million on Mr Biden on the Betfair Exchange. This person will receive 1.5 million pounds if Mr. Biden is elected.
According to Betfair Exchange, President Trump’s probability of winning with 3.11 is 39%, while Mr. Biden’s probability of winning is 61%. Before that, the rates were 35% and 65%, respectively. Markets are betting that President Trump has a 28% chance of winning, according to Reuters.
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Betting more than $ 1.2 million on the possibility of Joe Biden being elected president of the United States. |
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