21.3 C
Kuwait City
December 3, 2020
Gulflance
Home » US elections: British man bets $5 million on Trump – News
Khaleejtimes

US elections: British man bets $5 million on Trump – News

Source link


A British man has bet $5 million on US President Donald Trump’s chances of being re-elected for a second term.

According to The Sun newspaper, the former banker placed the bet through bookies in Curacao. It is claimed to be the largest political bet ever made. If the man wins, he will walk home with a whopping $15 million payout.

The USA Today has reported that the US presidential election 2020 is expected to involve more than $1 billion in offshore betting.

Meanwhile, another person in Britain has placed a $1.3 million bet on Joe Biden, according to Betfair Exchange. If Biden wins, the player would bag $2 million.

Trump’s odds of winning the election improved to 39% from 35% on the UK-based platform, while Democratic challenger Biden saw his chances dip to 61% from 65%.

According to Betfair the US election is by far the biggest betting event on record, with $389 million bet with the platform so far.

with inputs from Reuters






Click here to read more news from @khaleejtimes

Related posts

UAE shuts down popular restaurant for storing food on floor, flouting hygiene rules – News

gulflance

Video: Heavy rain hits UAE on Sunday morning – News

gulflance

57% of Mumbai slum population has developed antibodies: Study – News

gulflance

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please spend a minute

Gulflance Poll

Which is worst social media?
Vote Now
close-link

You're currently offline