Biden contracts for sale on the exchange carried odds of 1.55, in comparison with Trump tickets, which offered odds of 3.25. Biden soars to new heightsĪt Smarkets, a UK-based betting exchange, Biden’s chances of winning the presidency surged on Friday morning to 65.8%, reaching an all-time high. The announcement came hours after it was revealed that White House aide Hope Hicks also recorded a positive test. The Presidential Election Market, and all related markets, has been globally suspended because of Donald Trump's positive COVID-19 test.Įarlier on Friday, Trump tweeted that he tested positive for COVID-19, along with his wife, first lady Melania Trump. While U.S.-based bettors are not allowed to place sports betting-style wagers on the election, the markets are available in numerous other nations around the world. Within hours of the president’s post on Twitter, his odds of winning re-election moved to 2.23 at Betfair (or +223 in American odds), compared with 1.62 prior to the announcement. The probability of a Trump victory over former Vice President Joe Biden plunged so significantly on the news that Betfair Exchange operators froze all wagering on election markets in the wee hours of Friday morning. presidential election markets worldwide, prompting one prominent sports betting operator to suspend wagering. Jessica O’Reilly of Ladbrokes said that “even at the eleventh hour, punters are continuing to back Trump at the odds on offer.President Donald Trump’s announcement early Friday morning regarding his positive test for COVID-19 triggered sharp movement on U.S. One bookmaker, Paddy Power, told the Sun that 93% of wagers had been on Trump over the previous 24 hours. “A lot of part-time gamblers will opt to wager on the election today, and naturally given the bigger returns on Trump, they will likely side with the current president.” The closer we got to Election Day, the more money came for Donald Trump,” Eaton said. “The 2020 election is following a very similar betting pattern to the one we witnessed back in 2016. In the last four hours, 71% of money wagered on the 2020 US election was on Trump, the site said - which the site’s head of marketing, Sam Eaton, called a “remarkable” swing. “Donald Trump will likely wake up with a spring in his step as more and more people think he could stay for another term,” a gambling comparison site said Tuesday. Check out the best sports betting sites.Trump beat the odds in 2016, and gamblers appear keen on a repeat performance this time.Ĭheck out the best sports betting sites and apps While illegal in the US, betting on politics is popular in the UK and many other countries - and the 2020 election is shaping up to be the biggest betting event of all time. “Word of this bet has done the rounds and we think it’s the biggest ever made on politics,” one betting industry source told the UK paper.
The mystery gambler confidently went all-in after consulting with “Trump camp insiders,” according to the report. The former banker used private bookmakers registered on the Caribbean island of Curacao for the bet at odds of 37/20 - meaning he could get a $15 million payout, sources told the Sun. Georgia grand jurors heard another Trump call to reverse 2020 voteĪ British gambler has reportedly staked $5 million on President Trump winning Tuesday’s election - a wager believed to be the largest-ever political bet. Lindsey Graham bets Al Franken $20 that Trump beats Biden in 2024 ‘Time for choosing’: Trump reportedly won’t hire anyone who works for DeSantis Georgia judge orders Atlanta prosecutor to answer Trump’s challenge
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