Mystery Brit gambler bets $5-MILLION on Donald Trump election victory in the ‘Largest Political Wager EVER MADE’

The Sun (UK) ^ | 11/02/2020 | Harry Cole

[BenghaziMemoriam]

A MYSTERY British businessman has bet $5 MILLION on
a Donald Trump victory at 37/20 — believed to be the
largest political punt ever made.

The rich former-banker who is based offshore used a
private bookies registered on the tiny Caribbean island
Curacao for his risky gamble on today’s US presidential
election.

A pal of the fluttering financiar said he had consulted
with "Trump camp insiders" before making the high risk
bet that could net him a cheque of almost $15million
on 2.85 return.

A betting industry source told The Sun: "Word of this
bet has done the rounds and we think it's the biggest
ever made on politics."

But the mystery punter was not alone in a last minute
flurry of bets for the White House incumbent.

Ladbrokes said 3 in 4 of all bets for Trump in the
final week of campaign.

...

[BenghaziMemoriam]

So, it's the gamblers in the UK versus
the pollsters in the US. Blimey.

[Retrofitted]

IMHO, bet the tout. :D

[SES1066]

I so hope it is not a replay of that 4th quarter bet in the Cowboys-Falcons Game.

Rooting for Trump!

[DIRTYSECRET]

We need ‘brave’ lefties who predict a big win for themselves to bet their money. Shuts them up.

[Fai Mao]

I might do the same if I had it.

[Meatspace]

Don’t look at polls, look at where the gamblers are putting their money and where the betting sites are calling this race.

[sinsofsolarempirefan]

I’ve got £60 riding on a Trump victory at 7/4. £165 I will be collecting when Trump wins. Easiest money I will ever make.

[Lysandru]

So, what do the Bookies do if it turns out that the Lamestream Media hosed them again?

Maybe Ladbroke's should hire Trafalgar Group.

[RummyChick]

One of the biggest known Dogs in College Football - Rutgers beat Big 10 Michigan. In 2020 anything is possible

[Stonewall Jackson]

If I hadn’t just handed over a big chunk of money for a new(er) vehicle, I might take some of this action.

[nicollo]

2.85 return?

I guess that just narrowed.

[JPG]

Probably a Joe or Hunter proxy.

[DoodleBob]

Check the IP address and see if it came from this guy:

[Donnafrflorida]

Barnes?

[Scrambler Bob]

I might do the same if I had it.
= = =

Me too, except for a tragic boating accident.

[Mr. Blond]

Richard Branson?

[Karliner]

I bet a guy his 84 acres in Mendocino county but when he loses I doubt he’ll just surrender the property. I put up my funky car. He guaranteed Trump would lose back in June 2019.

[rollo tomasi]

Just a small hedge to fund an estate in Sardinia.

[Dr. Sivana]

So, what do the Bookies do if it turns out that the Lamestream Media hosed them again?

Despite a late break on betting for Trump, proper bookies set the odds based on how the money comes in so they win on the vig in almost any scenario. Early money was betting on Biden and Trump evenly at 3-1.

Two exceptions would be if the game is fixed, so lopsided betting is taken on purpose, and a push (which does not apply here). There was one SUper Bowl in the '70s, where most bookies were lying the Sttelers over the Cowboys by 4, and Pittsburgh won 35-31. No winners, no losers, except the bookies who didn't even get their vig. That's one big game that wasn't fixed.

[RummyChick]

from covers.com

ELECTION ODDS LINE MOVEMENT
UPDATE 9 P.M. ET MONDAY: Amy Jones, spokesperson for Ireland/UK sportsbook Paddy Power, said Biden is still -250 and Trump +188. However, Trump money is piling up in the final days, despite the incumbent at his longest odds so far, according to the actual Paddy Power, an ambassador for the bookmaker. “The big day is looming, and despite Joe Biden leading the polls and being shorter in the odds, the punters seem very keen on a Trump re-election,” Power said. “In the past week, over 90 percent of volume has been on him, and that continues into this Monday. Hold on tight, America!” Jones added that the surge in Trump money is up 20 percent from the previous week.

UPDATE 1:30 P.M. MO