People were still rushing to place bets on the eve of Tuesday's election and Matthew Shaddick, Head of Politics Betting at Ladbrokes Coral Group, said it estimated about one billion pounds would be wagered globally across the industry.slightly over the weekend, but Biden remained a clear favourite in online betting markets.
Betters on British exchange Smarkets give Biden a 65% chance of winning, while Trump's prospects improved to 35% from 34%.One person had placed a one million-pound bet on Biden, Betfair said, the biggest political bet of all time. If Biden wins, the player would bag 1.54 million pounds. The former vice-president has a substantial lead in national opinion polls, although the contest is slightly closer in battleground states likely to decide the race.
"Florida is one where the polls suggest Biden is the more likely winner, but the markets have Trump as favourite," Shaddick said.The election is on track to be by far the biggest betting event, with 271 million pounds bet so far, Betfair said. It accepts bets right up until the result is announced and sees bets with it to hit the 400 million pound mark, double that of 2016.
Most of the big-money betting occurs outside the United States as betting on politics is illegal there.
Wow...to lose £1 mill
What did The Simpsons say?
Betting on Biden is like investing in SAA
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Large US early voting surge as Donald Trump and Joe Biden make late pushA record 90 million Americans have voted early in the US presidential election, data on Saturday showed, as President Donald Trump and his Democratic rival Joe Biden campaigned across the country to try to sway the few remaining undecided voters.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Large US early voting surge as Donald Trump and Joe Biden make late pushA record 90 million Americans have voted early in the US presidential election, data on Saturday showed, as President Donald Trump and his Democratic rival Joe Biden campaigned across the country to try to sway the few remaining undecided voters.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Biden leads polls in final straight, but swing states could propel TrumpThough the Democrat is still ahead in latest surveys, President Donald Trump could get enough votes to win a second term No chance for Trump comeback. Early voting in swing states favors Dems, and lot more expected by Election Day. Vote JoeBiden BidenHarris2020
Source: BDliveSA - 🏆 12. / 63 Read more »
Biden leads polls in final straight, but swing states could propel TrumpThough the Democrat is still ahead in latest surveys, President Donald Trump could get enough votes to win a second term
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: ewnupdates - 🏆 30. / 53 Read more »
Africa’s best bet in US elections – Trump or Biden?With only a few hours to go until the much-anticipated US presidential elections on November 3, not only are Americans holding their breath for the outcome, but Africans are, too. USPresidentialElections2020 How are we Africans holding our breath? For whT
Source: IOL - 🏆 46. / 51 Read more »